CAclubindia Articles

Reference book on CA final - An Analysis

Vidhyashankar 14 June 2009 at 20:10

Dear All,I wanted to spend my holidays here in Dubai but someone sent me a PM like this.I knew someone sometime in the forum would place a question like this.First let me tell you: ICAI has no bias towards Northindians(many southindians and east Indi

VIEW TAX CREDIT

CA PIYUSH KAPOOR 14 June 2009 at 15:22

VIEW TAX CREDIT- FORM 26ASOverviewForm 26AS is a consolidated tax statement issued under Rule 31 AB of Income Tax Rules to PAN holders. This statement, with respect to a financial year, will include details ofa)Tax deducted at source (TDS);b)

GIFT FROM RELATIVE

CA PIYUSH KAPOOR 12 June 2009 at 12:34

Gift from a relative? No tax on itIntroduction It is widely known that gifts from relatives are tax-exempt. But what is not widely known at all is that gifts received even from non-relatives can also be completely exempt from income tax.

Tips for students to clear CA Exam(old syllabus) : Part3

Vidhyashankar 11 June 2009 at 15:32

Dear All,Let me continue with Group 1.1. Advanced accounting/accountancy(now called Financial reporting): The best book to follow here is Padhuka's notes.It has beautiful steps and illustrations and latest uptodate exam papers and rtp.You dotn need t

ANNUAL INFORMATION RETURN (AIR) AN UNTOUCHED ISSUE

Apoorva Mehta 11 June 2009 at 13:02

“ANNUAL INFORMATION RETURN (AIR) – AN UNTOUCHED ISSUE” WHAT IS “AIR”? Section 285BA of the Income Tax Act, 1961, read with rule 114E requires certain specified entities to file an Annual Information Return (AIR) in res

How to prepare with the tough Institute Study materials

Vidhyashankar 10 June 2009 at 01:23

Dear Students,Many have asked me this singular question:"I find study materials difficult, the language is difficult and it is dry and thus Im unable to study the study material, what should I do?"Simple answer: Study it anyways, the fruits

How to get help from seniors and experienced people-Part2

Vidhyashankar 09 June 2009 at 17:50

Hi All,Im sending a spate of articles as I have less time to do so, this week.This would be the last article for this week.I would be busy for the next 10 days.I might not be able to look into my PMs, but I would do so next time I log-in.So before I

SERVICE TAX & MOVIE THEATRES

Apoorva Mehta 09 June 2009 at 17:48

SERVICE TAX & MOVIE THEATRES The question whether the activity of screening of film / movie (as supplied by film distributors) by theatre / multiplex owners would be covered under any of the taxable services, and whether it would be liable to s

AS - 11 notification

Sarvesh Ramachandran 09 June 2009 at 17:47

Has India Inc been finally blessed with an amendment that could clear the smoke screen that is being created by the unprecedented volatility in the currency market?There used to be a time when the Indian rupee gained considerably against the U.S doll

How to get a rank in CA?

Vidhyashankar 08 June 2009 at 13:11

This seems like a vexed question.Some avoid it saying, "Hey! Passing itself is difficult.If Im terribly lucky, I would get a rank."Some say, "Dont keep such aims like getting a rank.You might miserably fail"Some even say, "Ra