CAclubindia Articles


Burder on so called "ORDINARY MAN" of Inflation by GOVERMENT

Posted by Kunal 30 August 2010 5769 Views

There was a day when ORDINARY people used to bring the vegetables that even a poor person can afford with ease & burden less at a price of just Rs. 5/- to Rs. 6/- per Kg, but today the same ORDINARY people is getting at a price ranging between R



Long Form Audit Report - LFAR

Posted by Anish Lakshman S 31 August 2010 66942 Views

Long Form Audit Report - LFAR Documents required to be kept in Audit file for Peer Review purpose 1. Cash Retention Limit duly certified by the Branch Manager; 2. A certificate from the Branch Manager stating that the excess cash holding is being re



We Are Proud To Be CA Students !!!

Posted by Anish Lakshman S 30 August 2010 27041 Views

Dear friends, I write this article not just to post simply something for the sake of making a contribution to the site. But I want to ensure that any person who gets to reads this should from at least then, feel and respect his/her profession. Every



Strategic Management- Environmental Scanning

Posted by Madhura 27 August 2010 88500 Views

Environmental Scanning Strategic Management is a systematic process of achieving desired objectives of an organization by proper allocation of its resources.



IFRS and Transfer Pricing as per Income Tax Act, 1961

Posted by CA S.SAIRAM 27 August 2010 27911 Views

IFRS and Transfer Pricing as per Income Tax Act, 1961 The bundle of IFRS that we have in the pipeline is no kith and kin for the existing Transfer Pricing concepts. IFRS dwells predominantly on the ‘Fair Value’ concept. Majority of these



Target Plus Scheme - Broad Nexus

Posted by MONISH BHALLA 27 August 2010 19539 Views

The Target Plus Scheme (TPS) was introduced in the Foreign Trade Policy 2004-2009. The details of the scheme are enumerated under Para 3.7 of the Foreign Trade Policy and Para 3.2 of the Hand Book of Procedure and also in theNotification No. 32/20



Govt defines service tax on donation or aid

Posted by MONISH BHALLA 26 August 2010 19455 Views

Education, coaching and training have become an expensive affair and many children from the poor families can't afford it. The lack of education and training leads to unemployment and if any organisation is imparting coaching and training to e



Understanding the provisions relating to Transfer Pricing

Posted by Amit Bajaj 25 August 2010 14976 Views

With the advent of MNCs(Multi National Concerns) a trend has also been adopted by the MNCs to structure their investments and business strategy in such a way that profits are maximized in such jurisdictions where tax rates are low, which give rise to



Development of IT infrastructure must before GST

Posted by Amit Bajaj 25 August 2010 7490 Views

Goods and Service tax (GST) is the most talked about topic in the field of indirect taxation today in India. Everybody is keenly waiting for the proposed GST draft which will replace the existing system of VAT in India. The central government wants t



Now we may get a new deadline for GST-1st April 2012

Posted by CA Sudhir Halakhandi 23 August 2010 19902 Views

NOW WE MAY GET A NEW DEADLINE FOR GST- 1ST APRIL 2012CA SUDHIR HALAKHADIThe extended deadline of GST i.e. 1st. April 2011 is now coming very near and the fact is that still the centre and the states are not agree on even the draft of the Constitutio




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