CAclubindia Articles

BLACK GOLD 100$

Posted by Indraneel Sen Gupta 03 July 2010 6123 Views

BLACK GOLD 100$ I was planning to go for some shopping for some occasion at my home. The expense will be around 5000 bucks. I had made planning for the expenses from the past one month since as middle class family person one works o

Treatment of Spectrum Charges in Income tax act 1961.

Posted by CA kanica gupta 03 July 2010 17726 Views

OPINION IN THE MATTER OF Whether payment of Spectrum charges gets covered under section 35ABB or Section 37 of the Income Tax act 1961? FACTS The company is engaged in the business of providing telecommunication facilities (just like MTN

Central Excise -A guide to Assessees

Posted by Member (Account Deleted) 30 June 2010 29317 Views

Central Excise duty is an indirect tax which is levied and collected on the goods/commodities manufactured in India.

Can we claim HRA deduction u/s 10(13A) and Interest on housing loan u/s 24(b) simultaneously if both are in the same city?

Posted by Shudhanshu Agrawal 30 June 2010 65866 Views

I have seen that we are finding difficulties in application of Sections of Income Tax Act, 1961. The reason behind it is lack of conceptual knowledge. To solve this problem I have decided to write articles for you all on different to

Compound levy on SS Patta/Patti units: Controversy continues

Posted by Pradeep Jain 30 June 2010 14542 Views

Compound levy on SS Patta/Patti units: Controversy continues Prepared By: CA Pradeep Jain, Sukhvinder Kaur, LLB [FYIC] Introduction: The issue involved in this piece was dealt by us in an earlier article titled “Controversy on Educati

Unending saga of painful journey of litigations

Posted by MONISH BHALLA 30 June 2010 5318 Views

With the Goods and Service tax round the corner, the absorption of cascading effect of taxes on input services and goods becomes all the more important. The scope of meaning of the terminology used in the statutory laws creates a major hurdle is s

Choosing your Teacher

Posted by Vinod Kothari 30 June 2010 7892 Views

Choosing your teacher Vinod Kothari www.vinodkothari.com This article is a sequel in the series of general articles that I have written for students – How to perform better in CA/CS exams (http://www.caclubindia.com/articles/how-to

IASB issues ED of new standard on revenue recognition

Posted by Vinod Kothari 30 June 2010 6750 Views

IASB issues ED of new standard on revenue recognition Revenues to be deferred to recognize performance obligations in sales and services Vinod Kothari www.vinodkothari.com, email vinod@vinodkothari.com As a part of a

FAQ on Service Tax on Construction of Residential & Commercial Premises

Posted by CA Pradip Shah 30 June 2010 8198 Views

Introduction:1.0 What changes have been effected by the Finance Bill, 2010 with respect to construction of commercial / industrial premises and residential complexes?Following changes have been carried out by the Finance Bill, 2010.1) Del

IPCC in 100 Days :)

Posted by Amar Kumar 30 June 2010 18730 Views

As you all know there are a mere 4 months remaining for our November 2010 IPCC attempt , I'm here to share with you my strategy / preparation for the upcoming exams. Please give your comments to make it even more better or correct if you feel it