CAclubindia Articles

Understanding the provisions relating to Transfer Pricing

Posted by Amit Bajaj 25 August 2010 14939 Views

With the advent of MNCs(Multi National Concerns) a trend has also been adopted by the MNCs to structure their investments and business strategy in such a way that profits are maximized in such jurisdictions where tax rates are low, which give rise to

Role of CAs in eradicating Corruption

Posted by PRATEEK PATEL 23 August 2010 25805 Views

The role of Chartered Accountants (CAs) in eradicating Corruption If the accounting profession is committed to

Now we may get a new deadline for GST-1st April 2012

Posted by CA Sudhir Halakhandi 23 August 2010 19893 Views

NOW WE MAY GET A NEW DEADLINE FOR GST- 1ST APRIL 2012CA SUDHIR HALAKHADIThe extended deadline of GST i.e. 1st. April 2011 is now coming very near and the fact is that still the centre and the states are not agree on even the draft of the Constitutio

Why complain about results..!!! - Reply..

Posted by Nitin Soni 23 August 2010 22816 Views

All right!! Before I say what I have to.. let me first thank you all for commenting on my article... Why complain about results..!! Taking a stand is very important and almost all of you have taken a stand. Everyones opinion is worthy of attention

Administration in GST-Moving Upstairs or Downstairs

Posted by Pradeep Jain 23 August 2010 9352 Views

ADMINISTRATION IN GST – MOVING UPSTAIRS OR DOWNSTAIRS Prepared By: CA Pradeep Jain, CA Preeti Parihar and Sukhvinder Kaur, LLB [FYIC] Introduction: “Too many cooks spoil the broth” perhaps this would have been in the thoughts

Knowhow write-off: Comparing Sec. 32 and Sec.35AB

Posted by CA S.SAIRAM 23 August 2010 16140 Views

Knowhow write-off: Comparing Sec. 32 and Sec.35AB of IT ACT 1961The definition for Knowhow in the IT Act 1961 is “any industrial information or technique likely to assist in the manufacture or processing of goods or in the working of a mine, oi

Impact of IFRS on Different accounting aspects

Posted by CA Raj Thakkar 23 August 2010 25382 Views

In Previous article I have disussed Impact of IFRS on Accounting Practise now I would like to go ahead with Impact of IFRS on Different Accounting Aspects. Here some important Items has been taken. Inventory Measurement At cost or net realizable

Resolutions in Company General Meetings

Posted by Avni Rathore 23 August 2010 48505 Views

Kinds of Resolutions in Company General Meetings Resolutions mean decisions taken at a meeting. A motion, with or without amendments is put to vote at a meeting. Once the motion is passed, it becomes a resolution. A valid resolution can be passed

Effects of Global Crisis on INDIAN ECONOMY

Posted by CA Raj Thakkar 23 August 2010 10603 Views

Introduction Emerging economies like India, China are not directly affected by factors which were responsible for crisis in developed economies. No doubt the cascading effect of said crisis have made situation worst. East Asians like Japan have be

TAX BASE of an ASSET- I GAAP Vs. IFRS

Posted by Raja naga 23 August 2010 27890 Views

TAX BASE of an ASSET- Indian GAAP Vs. IFRS (Assuming the economic benefits that will flow to an entity when it recovers the carrying amount of the asset is taxable) Tax base of an asset as per IAS12 is “The amount that will be deductible