CAclubindia Articles

OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADA

Posted by CMA Gul S 14 September 2007 6574 Views

OPPORTUNITY TO WORK IN NOVA SCOTIA, CANADAProfessional Development Committee (PDC) of ICAI is working with BusinessDevelopment, Emerging Markets team of Nova Scotia Business Inc. (NSBI) to facilitaterecruitment of members of ICAI for employment in No

Single window clearances envisaged for SEZs

Posted by CMA Gul S 14 September 2007 5803 Views

The Union Minister of Commerce & Industry called for a coordinated effort by all stakeholders so that SEZ Scheme can fulfill its objectives and is implemented efficiently by the State Governments by providing single window facilities and all othe

Infrastructure MFs are flavour of the year

Posted by CMA Gul S 13 September 2007 4357 Views

It's not just the infrastructure sector that is witnessing fund inflows from a cross section of investors, including private equity players, for the past year. Schemes floated by mutual funds (MFs) have also piqued investor interest, as a result of w

Report on Indo-EFTA trade pact by year-end

Posted by CMA Gul S 13 September 2007 3360 Views

A Joint Study Group (JSG) of India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Liechtenstein and Iceland, set up last December to explore the possibility of entering into a broad-based trade and investment agreemen

Re-hit exporters may get extra sops as govt worries on missing target

Posted by CMA Gul S 13 September 2007 3177 Views

The government is likely to dole out an additional relief package for exporters hit by an appreciating rupee by the month-end with fears that the country may not achieve the $160-billion export target. The move comes at a time when the exporters have

Tax Benefits for Senior Citizens

Posted by CMA Gul S 12 September 2007 7488 Views

What are the deductions admissible to a Senior Citizen? K G menonThere are not many . A person becomes senior citizen under Income Tax Act in any year after attaining the age of 65 even for one day. Once he attains 65 years, his status as senior citi

Powers Of A.O u/s 142(1) & 143(2)

Posted by CMA Gul S 12 September 2007 22619 Views

I have the following queries?1. Is there a time limit for issuing notice u/s 142 (1) ?2. Can a notice u/s 142(1) be issued after a notice under 143(2) has been issued? If, yes what is the rational behind issuing such notice as powers under 143(2) are

Reassessment Notice

Posted by CMA Gul S 12 September 2007 10339 Views

Can assessing officer issue notice u/s 148 on the basis of report of investigation wing. Is reassessment u/s 147 valid despite the fact he has given the reasons of opening case that investigation department has carried out investigation and found tha

Sarbanes- Oxley Act of 2002

Posted by Mr. PURNA P 12 September 2007 7339 Views

Summary of SOXThe Act has 11 Titles.SECTION 1. SHORT TITLE; TABLE OF CONTENTS.(a) SHORT TITLE.-This Act may be cited as the ''Sarbanes-Oxley Act of 2002''. (b) TABLE OF CONTENTS.-The table of contents for this Act is as follows: Sec. 1. Short title;

Exit interviews: Gone with the wind

Posted by CMA Gul S 12 September 2007 4682 Views

"So, why do you want to quit?" "The kind of work I'm doing here is least satisf......" "Is xyz offering you a better profile? Yeah...The kind of..." "Don't you think it's a foolish decision?" The confab went on for about three and a half hours with t