CAclubindia Articles
SOME CREATURES OF NATURE AND THEIR FOOD
CA. Rayan Sequeira 08 October 2007 at 21:33Wondering what this article is all about?? Creatures of nature & food featuring in an Income tax Article? Yes, This article is something about creatures and their food. Don't you people feel it's always a boredom to talk about law and sections? S
Brass Tacks of Excise
CA. Rayan Sequeira 08 October 2007 at 21:33Central Excise duty is an indirect levy and collection of tax on goods manufactured or produced in India. To levy any duty, tax etc it should be in accordance with the constitution of India. Entry 84 of Union List empowers the levy of excise duty on
Tone up the IT Act!!
CA Nikita 07 October 2007 at 21:58The next Budget is some months away but already the air is rife with expectations, what with the Finance Minister announcing the arrival of a new income-tax code before end-2007. The Companies Bill, 1993 and the Companies Bill, 1997 flattered to dece
Win or Loose The option is Your's
CA. Rayan Sequeira 06 October 2007 at 16:15The turnaround in the Indian economy has paved way for new & sophisticated Financial instruments to mark their arrival on the scene, thereby broadening the "Investors' Basket". In the year 2000, the Indian capital markets welcomed one of such ins
MAT Credit - An overview of its rationale and impact
CA. Rayan Sequeira 06 October 2007 at 16:15"There was an era when the corporate entities mocked at the income tax department, since they had sizeable profits as per the accounting books but ended up contributing nothing to the coffers of the department. Taking the tax provisions to their adva
Foreign Direct Investment In Retail Sector
CA. Rayan Sequeira 06 October 2007 at 16:15Introduction:Retail sector being one of the most important and prominent sectors in India, has solved the problem of unemployment and has served the ultimate consumers to the best. Retailing has been in recent trend with attractive outlooks & imp
Receiving "GIFT" a costly affair????
CA. Rayan Sequeira 06 October 2007 at 16:15Our ex-Miss Duniya, Mrs. Cashwarya Bachpan got a GIFT of Rs.25 crores from Mr. Amitaap Bachpan on the occasion of her wedding bells with the Dollywood heartthrob Kabhi-shake Bachpan. Bachpan family had already been in news due to the various notices
Taxing Job Work
CA. Rayan Sequeira 06 October 2007 at 16:15The Indian Taxation system is spreading its wings so wide that it is hard to find a trading or service activity not falling under the ambit of indirect taxation. However the Government has encouraged small enterprises like job workers, to operate on
Exposure draft on AS 12
CA. Rayan Sequeira 06 October 2007 at 16:15The Institute of Chartered Accountants of India (ICAI) has come up with the exposure draft on AS 12(revised). AS 12 (exposure draft) deals with accounting for Government grants and disclosure of Government assistance. AS 12 deals with the accounting
Professional Ethics - An Introductory Course in Value Education
CA. Rayan Sequeira 06 October 2007 at 16:15Ethics generally means the science of conduct or morality. Ethics are a blend of customs and cultures followed by people and are important in all kind of work we do, be it business or profession.Equally it applies even to our profession and we cannot
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