CAclubindia Articles
The dangerous side of stimulus...
Stimulus packages have been the magic wand that almost every government and central bank has waved since the beginning of the financial crisis last year. Most are still wary of withdrawing the same lest their GDP growth trajectory gets derailed and i
DOLLAR FALL- SMALL BENEFITS BUT LONG TERM PROBLEMS
American exporters, whose goods have become more competitive abroad, are happy with their weaker currency. Falling dollar is now a boon for US economy but at the same time a major concern for replacing the green color with some other currency. If we
Mismanagement in family companies - a case study
I have earlier written some articles dealing the issue of oppression and mismanagement under section 397/398 of Companies Act, 1956. I am of the opinion that the company law is very very complicated world wide in view of its complicated struc
Term Life Insurance Plan.....why?
TERM LIFE INSURANCE PLANS…………… WHY? If you died tomorrow would your spouse or family have sufficient funds to pay the mortgage, pay off credit card debts or send the children to college? Have you taken enough life
Real-time tips to deal with practical paper: Account & Cost
Dear Students and Members, Please find below some tips to deal with practical paper like Account & Cost etc. These tips are based on my personal observation and used by me in all my professional Examinations. This Article is completely written b
Suggestions to deal with changed Examination Pattern
Dear Members, Kindly observe the below mentioned useful points for your November Exam 2009: 1. Don’t panic about the new ICAI Notification regarding Exam Pattern. 2. Don’t think too much about the change in Exam pattern especially
DEPRECIATION - A SOURCE OF FUND OR NOT
DEPRECIATION – A SOURCE OF FUND OR NOTv Arguments in favour of considering it as a source of fund1. Depreciation is considered as an expired cost. It is included within cost of goods sold. It is an allocated cost which is realised when go
India: A feast for the capital goods sector
Capital goods companies here in India seem to be a happy lot these days. Their stocks are shinning and their order books are plump. But that's not such a recent phenomenon either. Except for the dark days of the credit crisis, capital goods compa
WHY I AM FALLING ?-DOLLAR
The greenback has been declining relative to other major currencies for months. The dollar is down 14% against other major currencies since March. Dollar is making a free fall due to the huge growing US trade deficit, and the large Federal budget def
Appeal under Income Tax Act -I
Appeal under Income Tax Act,1961 Sections Covered1) 246A: CIT (Appeals)2) 254: ITAT ---Final Fact Finding Authority3) 260A: Supreme Court ---On substantial Question
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