CAclubindia Articles

AS 28 impact on OIL & GAS companies

Posted by CA Nikita 04 October 2007 7082 Views

D MuraliEven as the field personnel of oil andgas (O&G) companies continue to battle with many complexities toget us the fuel, their accounting colleagues are toiling with adifferent difficulty: how to apply the Accounting Standard on assetimpair

service tax refund to exporters

Posted by tarun 03 October 2007 5497 Views

Dear Sir,government of india has just issued a notification regarding service tax refund to exporters..can any one tell me much about this..plz let me also know what are the services on which the exporters can claim service tax refund...can any one t

Public Documents as 3rd party documents under the RTI Act

Posted by CA Nikita 02 October 2007 8531 Views

How can Public Documents under the Indian Evidence Act be treated as 3rd party documents under the RTI Act to deny its access-Rajib Gupta I was always under the impression that the laws are made to infuse discipline & serve the ends of justice &a

How Performance Budgeting Can Help

Posted by CA Nikita 02 October 2007 4795 Views

21st Century Challenges: How Performance Budgeting CanHelpGAO-07-1194T September 20, 2007 As part of its work to improve the management andperformance of the federal government, GAO monitors\nprogress and continuing challenges in using\u003cbr\>\nper

Cyprus: An Alternative Structuring route

Posted by Abhiroop 02 October 2007 5195 Views

Cyprus: An Alternative Structuring route Cyprus is emerging as one of the alternative jurisdictions for structuring of Investments and is fast emerging as one of the most favoured jurisdictions. The advantages that Cyprus offers are many to make

How stocks market work??

Posted by CA Nikita 02 October 2007 7742 Views

It was autumn, and the Red Indians on the remote reservation askedtheir New Chief if the winter was going to be cold or mild. Since hewas a Red Indian chief in a modern society, he couldn't tell what theweather was going to be. Nevertheless, to be on

At Arm's Length - A Perspective of the Transfer Pricing Regulations in India

Posted by Abhiroop 02 October 2007 6257 Views

At Arm's Length - A Perspective of the Transfer Pricing Regulations in India The rapid globalization of the Indian economy has seen the entry of the multinationals into India and with it increasingly complex international transactions being entered

Sweeping away GAAP

Posted by CA Nikita 02 October 2007 4941 Views

Sweeping Away GAAPFASB's Herz calls for a national plan to wean U.S. companies from their current rules-based accounting system.Marie Leone, CFO.comOctober 01, 2007At an industry conference Friday morning, Financial Accounting Standards Board chairma

Depreciation on leasing

Posted by Ankit Dangayach 01 October 2007 7720 Views

Depreciation on leasing? An ageing puzzleUnder the Income Tax law, two most important conditions for tax depreciation claim pertain to ownership and usage of the asset. As is the case on any other contentious matter, history is replete with judicial

Revenue tries to pierce the corporate veil

Posted by Ankit Dangayach 01 October 2007 6519 Views

Revenue tries to pierce the corporate veil In the recent past, controversy in relation to taxability of offshore sale or transfer of security in a foreigncompany (offshore special purpose vehicle (SPV)) has been consuming the energy of taxpayers and