CAclubindia Articles

DIVIDEND

Posted by SUBRAMONY V 25 December 2008 7637 Views

DIVIDEND The term “Dividend” has been inclusively defined in the Companies Act, 1956, to the effect that it includes Interim Dividend. The Act neither specifically defines the term Dividend nor makes any distinction between interim

The Recession - 2008..

Posted by CA. Dashrath Maheshwari 18 December 2008 17577 Views

The Recession - 2008…In economics, the term recession generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. The usual dictionary definition is "a period of reduced economic activity"

CARBON CREDIT

Posted by CA ABHISEK KUMAR SINGHANIA 17 December 2008 9906 Views

The need for a reduction in carbon emissions was debated at the United Nations Conference on Environment & Development (The Earth Summit) in Rio de Janeiro in 1992, resulting in the adoption of United Nations Framework Convention on Climate Chang

CA Entrance Exam - CPT

Posted by Aisha 15 December 2008 27526 Views

The Institute of Chartered Accountants of India (ICAI) set-up under the Chartered Accountant Act, 1949 to regulate the profession of Chartered Accountancy is one of the largest and prominent accounting body worldwide. It has been taking various proac

AS-22 An IMPORTANT GLANCE

Posted by pappu mishra 06 December 2008 16720 Views

AS-22: ACCOUNTING FOR TAXES ON INCOME Meaning and Glance to Its Recognition, Presentation & Disclosures. MEANING: Taxable income is calculated in accordance with tax laws. In some circumstances, the requirements of thes

Relief u/s 89(1)

Posted by Member (Account Deleted) 03 December 2008 271605 Views

SALARY INCOME- RELEIF U/S 89(1)RELIEF U/S 89(1) In case of relief when salary has been received in arrears or in advance:Method of calculating the relief: Calculate the tax payable on the total income, including the additional salary of the relevant

Section 285BA - Annual Information Return

Posted by Member (Account Deleted) 17 November 2008 78486 Views

Authorising ‘agency’ for receiving Annual Information Returns on behalf of Commissioner of Income-tax (Central Information Branch) under section 285BA, read with rule 114E - In exercise of powers conferred under sub-section (1) of section

EXCELLENCE IN PROFESSIONAL CAREER

Posted by LAKSHMI NARAYAN 17 November 2008 12466 Views

"EXCELLENCE IN PROFESSIONAL CAREER"When we look at the beautiful logo of our institute, we get to notice three words "Excellence, Independence and Integrity " which form the theme of the logo. This theme, according to me, is actu

OUR JOURNEY TOWARDS GOODS AND SERVICE TAX

Posted by CA Sudhir Halakhandi 16 November 2008 7554 Views

OUR JOURNEY TOWARDS GSTCA SUDHIR HALAKHANDI E-mail Sudhir@halakhandi.com To be a part of globalize taxation regime, the Hon. Finance Minister has declared a road map for introduction of “Goods and Service Tax” in our country and accordin

MICRO FINANCE

Posted by swaroopa 15 November 2008 8377 Views

MICRO FINANCE There are more than 70 million households in India earning less than $1 per day. To make a living, they need as much as Rs.1 lakh crore in credit but at the same time have no access to banks or formal financial services. Therefore, ther