CAclubindia Articles

Income from business and Profession

anu 16 March 2009 at 18:43

Income from business and Profession 1. What does ‘Profession’ mean? Profession means exploitation of one’s skills and knowledge independently. Profession includes vocation. Some examples are legal, medical, engineering, architectu

What is derivative??

Manmohan ACA, CS 16 March 2009 at 18:42

Derivative: MeaningDerivativeThe term "Derivative" indicates that it has no independent value, i.e. its value is entirely "derived" from the value of the underlying asset. The underlying asset can be securities, commodities, bullion, currency, live s

Restrictions on transfer of shares vis-à-vis Articles of Ass

Suresh Savaliya 14 March 2009 at 12:55

Suresh Savaliya, ACs, LL.m, LL.b. Mumbai Generally, for joint adventures, a private limited company is suitable shape to regulate the relationship between entrepreneurs smoothly. However sometime, because of some limitatio

FAQ on Taxable Income

jyoti 12 March 2009 at 13:53

FAQ on Taxable Income 1. What does the Income Tax Department consider as income? The word ‘Income’ has a very broad and inclusive meaning. In case of a salaried person, all that is received from an employer in cash, kind or as a facility

General Question Regarding Income-tax

jyoti 10 March 2009 at 14:23

General Question Regarding Income-tax 1. What is Income Tax? It is a tax imposed by the Government of India on any body who earns income in India. This tax is l..

COMPARISON OF BUSINESS FORMS

BINOY CHACKO 10 March 2009 at 14:21

COMPARISON OF BUSINESS FORMS CRITERIA PROPRIETORSHIP PARTNERSHIP LIMITED COMPANY ..

How the evolution of money is hurting us

Admin 09 March 2009 at 14:42

Rothbard writes about the perils of turning gold and silver into paper notesAuthor : Vivek Kaul/DNAWe all use money in our everyday life. But how did the idea ..

Difference between RTGS and NEFT payment remittance

Member (Account Deleted) 07 March 2009 at 15:13

1. What is RTGS System?Ans The acronym "RTGS" stands for Real Time Gross Settlement. RTGS system is a funds transfer mechanism where transfer of money..

Provision for Centralised Registration

S. Banerjee 07 March 2009 at 15:13

Where an assessee is providing taxable service from more than one premises or offices or has centralised Billing System or centralised Accounting System, he m..

IT Security for your Business

Aisha 04 March 2009 at 14:26

IT Security for your BusinessYou need to protect crucial business data, as well as secure your network and users from various online threats.While physical security of your premises and assets is important, it is also important to protect the most im