CAclubindia Articles

Understanding - Assessment Procedure in IT Act

CA CS CIMA Prakash Somani 23 September 2009 at 13:43

Sec 139(1): submission of return of income* Being a co. or a firm(even those co’s whose entire income is exempt u/s 10, etc)* Being a person other than co, firm 1) if his total income or 2) total income of any other person in

KNOTTY ISSUES IN AUDIT OF T.P.CLAIMS IN INSURANCE COMPANIES

Vijay Kalia 23 September 2009 at 13:39

KNOTTY ISSUES IN AUDIT OF T.P.CLAIMS IN INSURANCE COMPANIIESIntroduction: The audit of divisional offices of the insurance companies is primarily an audit of trial balance and it involves checking of claims under different types of business undertake

WEALTH MANAGEMENT BASICS OBJECTIVES SERIES 1

Indraneel Sen Gupta 23 September 2009 at 13:38

When ever we come across the word Wealth Management it appears to an investor as something coming down from the Planet Mars. But if we analyze the basics without getting to much within the complicated jargon we find 2 things primarily,1)Proper Asset

Rupee to be a tool in curbing inflation

Equitymaster 23 September 2009 at 13:38

In the past, the RBI always tended to intervene in the currency markets to stem the appreciation of the rupee so that exporters did not feel the pinch. This time around it may end up following a different course of action. As reported on Bloomberg, I

ROLLING BACK SOPS RBI THE NEXT THREAT

Indraneel Sen Gupta 19 September 2009 at 12:34

Its time for getting back of stimulus package benefits and face some real hard core business battle. The money market is gearing up to face the next punch to be delivered by the Reserve Bank of India (RBI) against inflation. The RBI have said that t

US CONSUMERS EFFECT

Indraneel Sen Gupta 19 September 2009 at 12:34

US consumption is very vital for the economic development not only of US but to entire world economy. And, within the US, the bulk of the growth comes from consumption.We all know that the world economy recovery, particularly the export in highly dep

Exciting career in ERP

Ajay G. Kajbaje 19 September 2009 at 12:33

Now a days, CA is recognized as a role model in the field of Information Technology. One of such biggest segment in IT is ERP. Enterprise Resource Planning is a boost for any industry and role of CA is to ensure that Industry gets benefit out of it.

NOTES ON INCOME FROM BUSINESS OR PROFESSION

CA Puneet Jethliya 19 September 2009 at 12:20

Sec. 2(13) defines "business" to include any trade, commerce or manufacture or any adventure or concern in the nature of trade, commerce or manufacture. Sec. 2(36) defines "profession" to include vocation. i.e. income earned not on the basis of prof

How to Prepare a Professional Resume

CA CS CIMA Prakash Somani 17 September 2009 at 14:58

How to Prepare a Professional Resume Short and Sweet Instructions Many of our candidates have asked us over the years on the best way to prepare a professional quality resume. Well, here is the quick and dirty approach to the best way t

EXAM PREPARATION TIPS

CA CS CIMA Prakash Somani 16 September 2009 at 11:41

EXAM PREPARATION TIPSFor many people, exam time is the most stressful part. With so much riding on the outcome, there can be a high degree of pressure to perform well. Here are some exam preparation tips to help you.Getting StartedThe earlier you sta