CAclubindia Articles

Admissibility of Broken Period Interest in assessment

Posted by CA SIDDHARTH MEHRA 11 February 2011 23469 Views

Admissibility of Interest for the Broken Period in assessment of Interest on Securities Introduction When the Government securities are acquired between two due dates, the admissibility of interest attributable to the period from the

The real effect of section 50C of the Income Tax Act, 1961

Posted by CA SIDDHARTH MEHRA 11 February 2011 169888 Views

Introduction Section 50C was inserted by the Finance Act, 2002 with effect from April 1, 2003. It reads as under : Special provision for full value of consideration in certain cases.(1) Where the consideration received or accruing as

For those who want to quit !!

Posted by v@m$h! 10 February 2011 41531 Views

.style1 { font-size: medium;}Success is never final, failure is never fatal. It's courage that counts. I dont know I will be writing my 4th article this soon. I am writing this for my fellow members of CCI who did not qualify in the exams. I want to

A special post for all of those whose cleared CA IPCC

Posted by Madhusudan Kabra 10 February 2011 65502 Views

A special post for all of those whose cleared CA IPCC Dear Friends , Many many congratulations to all of those who have cleared CA IPCC examination this time .This is a time of great celebration and hope everyone celebr

IFRS - Euphoria over certain doom

Posted by PS Prabhakar 10 February 2011 11216 Views

Oh Lord! Forgive them! They do not know what they do can be the prayers of well meaning people over the inexplicable euphoria

Sure Shot of Success for your May 11 exam

Posted by CA.ViVeK M ACA 10 February 2011 33414 Views

Dear Students and members CA exam both final and I P C C results was declared . Congratulation for those who

Provisions of section 40(b) of Income Tax Act 1961

Posted by Amit Bajaj 10 February 2011 347011 Views

Section 40(b) of Income Tax Act places some restrictions and conditions on the deductions of expenses available to an assessee assessable as a partnership firm in relation to the remuneration and interest payable to the partners of such firm. The ded

Investing With Small Amount of Money

Posted by Vishal 09 February 2011 19135 Views

The best way to save your money is in the form of investment. Best part is that you do not require lots money to invest. Even if your earning is low then also you can make small investments. In the past one require lot money available in order to ma

Professional and Students - Let us ACT before it REACTS

Posted by CMA Raveendranath 09 February 2011 10510 Views

First, I would like to congratulate CAClubIndia for successfully getting towards it half a million professionals and prospect future professional (students community) under one forum. I thought of sharing with our colleagues one of the impo

An Auditor for 60 years

Posted by Arijit Ghose 07 February 2011 23233 Views

Though a conversation of about 7 minutes does not merit a detailed article, I thought it would be appropriate to jot and share a few lines about an interesting acquaintance and small conversation I had a couple of days earlier. I have a certain