CAclubindia Articles

Basic understading of service tax

Renuka 21 June 2010 at 13:11

Basically Taxes are of two types those are direct and indirect taxes.

Lets drive a Car through the roads of Taxation

CA Umesh Sharma 21 June 2010 at 13:10

NANO has generated huge excitement in the automobile world. Every Indian is proud of this product, being the cheapest, smallest and affordable car. Car sales are zooming in India and lot has been written on Cars, Automobile Products

Looking behind (Episode-3, part second last)

CA. Dashrath Maheshwari 21 June 2010 at 13:09

So finally, Mahesh has cut down his own legs with his own sword. How irresponsible he was! How can one resign without having a job in hand.

Revised Discussion Paper: That Soothes that seethes

Vijay Kalia 21 June 2010 at 13:03

The revised discussion paper on direct tax code has been released on 15th of June, 2010 after the stormy criticism of the first discussion paper which was released in August, 2009. Most of the concerns that have been raised have been taken care of an

Documents required for PAN Application

Nilesh 21 June 2010 at 12:32

Documents required for PAN Application For Individual 1. Citizen of India Located in India Documents to be submitted as Proof of Identity and Address by Individual who is Citizen of India located in India at the time of application for PAN

Current Ratio: Dressing up the Balance Sheet

CA S.SAIRAM 21 June 2010 at 12:30

CURRENT RATIO: DRESSING UP THE BALANCE SHEET Current Ratio is the function of Current Assets and Current Liabilities. Hence the simple understanding is either increase the Current assets or reduce the Current Liabilities. Neither ways are easier sin

After revised discussion on DTC - What about GST?

CA Sudhir Halakhandi 18 June 2010 at 15:19

AFTER REVISED DISCUSSION ON DTC- WHAT ABOUT GSTThe Finance Minister Mr. Pranab Mukharjee has two major tasks in his hand and if successful handles the both then certainly his name remembered as “Most successful Finance Minister” of India

IND AS 41 First time adoption of Indian Accounting standards

CA. Amit Daga 18 June 2010 at 12:51

IND AS 41First time adoption of Indian Accounting standards Scope of IAS 41 Ind-AS 41 is applicable to the first set of annual Ind-AS financial statements prepared by a company. The first Ind-AS financial statements are defined as the first annual f

Its all about TRANSFER PRICING

Manikanta Raju CA,CWA,(CS) 18 June 2010 at 12:43

Key Notes: Transfer pricing relates to the pricing of transactions (such as transfer of goods, services, intangibles and funds) that take place within affiliate segments of a group company in different tax jurisdictions. Transfer pricing is typica

Basic Understanding of Indian Depository Receipts (IDR)

Rasesh 18 June 2010 at 11:01

Basic Understanding of Indian Depository Receipts (IDR) Standard Chartered Bank created history in the Indian Capital Market by becoming the first foreign company to come up with an IDR issue. This IDR issue prompted me to study the subject the su