CAclubindia Articles

Six Months in Waste? Now invest

CA SURENDRA KUMAR RAKHECHA 03 February 2010 at 16:57

A Major Corrective Step **Presented By CA Surendra Kumar Rakhecha** Specially written for caclubindia users. Much have been written for how to appear in the examination. Sti

Roadmap for Convergence to IFRS by MCA

CA. Amit Daga 03 February 2010 at 16:57

The Core Group, constituted by the Ministry of Corporate Affairs for convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) from April, 2011, that held its meeting on 11th January 2010 agreed that in view

Revisions in Service Tax by the Finance Act, 2009

Member (Account Deleted) 03 February 2010 at 16:56

According to the Finance Act, 2009 following quick sketches were introduced in Chapter V and VA of the Finance Act, 1994 3 new services brought under the service tax net [Section 65]: With effect from September, 2009, service tax has been levied o

Civil Court's Jurisdiction - Companies Bill, 2009?

Durga Rao 03 February 2010 at 16:56

We all aware that there is no express provision barring the Civil Courts to entertain certain company disputes under the Companies Act, 1956. We have been seeing the cases where the Civil Court entertains Company disputes if there is no s

How to score good marks in Indirect Taxes-5 Simple Pointers

Mythreya 01 February 2010 at 11:49

How to score good marks in Indirect Taxes—5 Simple Pointers to success Pointer 1: Choose a good reference book Obviously, many students have expressed dissatisfaction on the standard of ICAI study material. There is some truth to it becaus

An eye opener for CA students..

CA.ViVeK M ACA 01 February 2010 at 11:49

Let us start with a GanaPapa kahate hain bada naam karega ....beta hamara CA kaam karega....magar yeh to ko

SURVEY UNDER SECTION 133 A OF INCOME TAX ACT 1961

Amit Bajaj 30 January 2010 at 12:09

Survey in a wider sense means to scrutinize or to inspect. The power of survey under the Income tax Act has been provided U/S 133A and 133B. The provisions contained in section 133A are independent and to the exclusion of the other provisons of the a

Carbon trading-business for saving environment

CA Prashant Gupta 29 January 2010 at 13:42

Carbon Trading- Business for saving environment Carbon Trading is a platform where Carbon credits can be sold and purchased. This concept arises as part of Kyoto Protocol. Carbon Credits are measured in units of Certified Emission Reductions (CERs).

Use of section 144A

Amit Bajaj 29 January 2010 at 11:53

Assesements under Income Tax Act 1961 are made U/S 143, 144, 147, 153. The criterias for selection of cases for scrutiny has been increased.

Reassessement under Income Tax Act

Amit Bajaj 29 January 2010 at 11:48

The power of assessement or reassessement of any income chargable to tax that have escaped assessement has been provided under secton 147 r w s 148 of Income Tax Act of 1961.If the assessing officer has the reason to believe that any income charga