CAclubindia Articles

Proof of travel not required for claiming LTA

Posted by CA Pramod Jain 19 March 2010 61985 Views

Proof of travel not required for claiming LTA : Supreme CourtDear All,Please find very useful decision with regards to claiming LTA without supportings as below :- LTA : Evidence of Expenses Employers, while processing the conveyance and leave &

Snatching earth beneath landlord's feet

Posted by Pradeep Jain 19 March 2010 5986 Views

Snatching earth beneath landlord’s feet with retrospective amendment Prepared By: CA Pradeep Jain Sukhvinder Kaur, LLB Introduction: - The renting of immovable property for commercial/business purpose was brought under service tax net in

What Constitutes Salary Income?

Posted by vidyasagar 18 March 2010 47317 Views

Income from Salary WHAT CONSTITUTES SALARY INCOME?"Salary" is the remuneration received by or accruing periodically to an individual for service renderedas a result of expressed or implied contract.Compensation or remuneration even in the f

Section 372A Made Easy

Posted by Prasanth Nair V 18 March 2010 38333 Views

372A of the Companies Act in a Simple Format Section 372A of the Companies Act makes u aware of the provisions regarding Intercorporate Loans and Investments. This section also covers the guarantees and securities pledged for the grant of Loans

Important Tips for a Successful Career

Posted by Member (Account Deleted) 18 March 2010 13164 Views

It’s a DO OR DIE Situation. It’s not just competition. A far better word(s) have replaced “competition”. It is termed as “EARLY SUCCESS”. Competition is everywhere and everyday. What’s important is you suc

PENALTIES AND PROSECUTION

Posted by CA. A. K. GUPTA 17 March 2010 34606 Views

Introduction Direct Tax Legislations are one of the significant modes which enable the State to realize the objectives of both Social and Economic Justice as also defraying the cost of rendering public services on the part of the State, Economic ord

Shall i do Business or continue my Job

Posted by Jitendra Jain 17 March 2010 14024 Views

Shall I do Business or continue my Job?A question which invariably hits my devil mind every time the boss tries to poke his stingy nose every nanosecond at what I am doing, avoid marking me a CC on mail drafted by me and forwarded by him to all the u

Benami Transactions

Posted by CA RAMESH KUMAR AHUJA 17 March 2010 28844 Views

Benami transactions People generally ask whether he or she can purchase a property in the name of a person who may be a relative, friend or an employee etc. Acquisition of a property in the name of a person other then the one paying the considera

EQ-The quotient for CA success

Posted by Mythreya 16 March 2010 11700 Views

I was reading some Forum discussions on whether English is important or whether analytical skills are important. The below views are my personal takes on the issue: Yes, English skills do matter especially as India is becoming more

CA - Simplified by Yoga

Posted by Member (Account Deleted) 16 March 2010 15079 Views

Chartered Accountancy profession is built around Discipline and Firm Dedication to excellence. Passing examinations is not as difficult as to maintain the driving force that keeps one going towards one’s goals. The feeling of being charged up