CAclubindia Articles

Principle of Drafting

Posted by CS Bijoy 12 May 2011 93320 Views

DRAFTING MEANS: THE combination of Law and Fact in a language form. The process of Drafting operating in two planes-Conceptual and Verbal. Besides choosing the right word the right concept is also required to choose. In legal sense drafting

An Brief Overview of Section 80P

Posted by CA J KUMAR 12 May 2011 78593 Views

An overview of Section 80P:- Following income are available for deduction to Co-operative societies A. Income from Banking Business:- In Case of a cooperative society providing credit facilities to its members, the whole of the amount of profit

New Section 44AD - Text and Discussion

Posted by Amol Gopal Kabra (CA,CS,DISA) 11 May 2011 239768 Views

An overview of New Section 44AD of the Income Tax Act, 1961 that comes into effect from A.Y. 2011-2012 Section: 44AD Special provision for computing profits and gains of business on presumptive basis. (1) Notwithstanding anything

Draft your CV with care

Posted by BAIJU MASOODU 11 May 2011 17053 Views

Draft your CV with care "Send us your updated CV." This is the beginning of every hiring process. At the outset you are going to be evaluated based on your CV. The prospective employer has only minutes to spare for a primary evaluati

FAQ's on Appointment of Cost Auditor by Companies

Posted by sunil 11 May 2011 19391 Views

Frequently Asked Questions on Appointment of Cost Auditor by Companies Q.1 Has the Government prescribed a new procedure for appointment of cost auditor by the companies? Ans. Yes. The procedure has been modified by the Cost Audit Branch

Examination Exhibit professionalism by complaining responsibly

Posted by Madhukar N Hiregange 11 May 2011 10879 Views

Examination Exhibit professionalism by complaining responsibly Madhukar N Hiregange FCA Year after year the professional examination are held and many students are unable to get through. The reasons could be many: 1. the high level of

Loss arising in case of Bonus Stripping

Posted by Alok Siddapur 10 May 2011 12799 Views

According to Section 97(8) if all the following conditions are satisfied then loss arising on account of purchase and sale of units(hereinafter referred to as original units) shall be ignored for computing income chargable to tax 1) Any person buys

Finance Act 2011- Analysis of Service Tax & Excise

Posted by Madhukar N Hiregange 09 May 2011 79826 Views

Finance Act 2011/ Post Budget Changes - Analysis - Service Tax & Excise Budget CA Madhukar N. Hiregange Budget Updates Central Excise Central Excise is already quite old law and ex

Challenges make you perfect

Posted by CMA Ramesh Krishnan 09 May 2011 14870 Views

Challenges make you perfect Introduction: In our life we need to face several challenges in every day. When ever we are facing challenges most of us we thinking about the trouble arising from the challenges and worried about the problem come out

Levy of penalty or interest for non submission of C forms

Posted by Amit Bajaj 09 May 2011 226311 Views

As we know C forms are required to be submitted by a seller with the sales tax authorities after obtaining the same from the purchaser of goods if the sale is an interstate sales and CST has been charged at concessional rate of 2% as per the require