CAclubindia Articles

Works Contracts VS Contract of sales Whether Tax Deduction

Posted by taxindiaconnect 21 May 2009 36253 Views

Works Contracts VS Contract of sales – Whether Tax Deduction is required u/s 194C.Background - Chapter XVII of Income tax Act 1961 ( The Act) provides for the collection and recovery of tax from the assessee. Deduction of Tax is one of the var

Comparison of Pvt Vs Public Company

Posted by CA.Tarun Maheshwari 20 May 2009 42549 Views

COMPARISON BETWEEN PRIVATE LIMITED COMPANY & PUBLIC LIMITED COMPANY MEANING:A private company is one which-(a) has a minimum paid-up capital of Rs. 1lakh or such higher capital as may be prescribed and ;(b) by its Articles of Association

PCC Auditing some tips

Posted by CA Swapnil 20 May 2009 13549 Views

Friends,I have cleared PCC in nov-08 (audit -70).i would like to share some tips regarding auditing with you which might help....1)Read all AAS thoroughly.Remember the names of AAS.(a question on a name of AAS & its corresponding number was asked

Cascading effect of taxes

Posted by Mahadev 19 May 2009 38891 Views

CASCADING EFFECT OF TAX IN INDIA The intention of this article is to spread a light on the cascading taxation effects present in India and the impacts and the possible remedy for the same. The main objective of any taxation in any part of the world

Audit Sampling

Posted by suparna k s 12 May 2009 49073 Views

Audit sampling Scope and objective of Audit samplingThe scope of sampling is determined by audit objectives, audit evidence and audit procedures. The purpose of this standard is to establish standards on the design and selection of an audit sample a

Participatory notes

Posted by Bhavadharani 12 May 2009 13598 Views

PARTICIPATORY NOTES P- Notes ‘The backdoor entrants’:Foreign Institutions, or FIIs as we refer to them, are overseas entities registered with the country’s stock market regulator, SEBI. On registration, these entities can directly

CROSS BORDER M&A-TAXATION ISSUE

Posted by GAURAV 12 May 2009 20523 Views

Cross-border mergersandacquisitions - Addressing the taxation issues from an Indian perspectiveGAURAV GOELThe boom in cross-border Mergers and Acquisitions (M&A) has given new urgency to understanding and managing the complex tax consequences of

How a Tata Motors unit turned around with Balanced Scorecard

Posted by Admin 11 May 2009 18253 Views

Author : Suresh Lulla/DNAPerformance measurement, analysis and review are critical steps in an organisation's progress towards its goals and vision. The objective of performance measurement is to steer the company to goal attainment, and enable it to

Non Compete Fees - Taxability Issues

Posted by taxindiaconnect 09 May 2009 43839 Views

Non Compete fees – Taxability issues The question whether a particular receipt has been a revenue receipt or a capital receipt has constantly been inviting the attention of tax payers, the law makers, the tax advisors and the Courts. The contr

PCC STRATEGY ,TECHNIQUE OR the eureka feeling

Posted by CA Swapnil 07 May 2009 12587 Views

FRIENDS,I have cleared my pcc in nov-08...i got 70 marks in auditing &assurance..i have always believed that the CA curriculum is vast but not difficult to conquer..one studies various strategies in straregic mgmt bt does not realise that in stu