CAclubindia Articles
Accounting savvy a ticket to the world
Now with Engineers Without Borders, Malcolm McArthurchose a profession that took him from Kabul to the streets of Rio deJaneiroFunny, that a man with a mind for mathematics should end up living his life guided by serendipitous signs.Thefirst sign cam
No consistency in PE income attribution
No consistency in PE income attribution There has been a debate on the taxability of turnkey contracts where portion of a contract is executed outside India. In Ishikawajma-Harima Heavy Industries Ltd case, the Supreme Court, in 2006, ruled that mere
Power of "Will Power"
The degree of success varies from person to person in battle of life. A person's success or failures is directly proportional to the degree of efforts he puts in. The efforts are only because of the strong desire and will-power of a person. Now what
COMPROMISE UNDER VAT LAW
The word "composition" denotes mixture of more than one character. In general sense "composition" is an agreement between the parties where one party agrees to pay less than what has agreed in full satisfaction of the whole of the claim. Therefore
PRIVATE EQUITY FUNDS-AN ALTERNATIVE FUND TO FUND BUSINESS.
The concept of "business finance" has been refined to the form it stands today from the bygone "Baniyas' System", where investment needs of business were funded through pledge of personal properties. With the increase in the enterprising attitude of
Special Economic Zone
First Singur and then the Nandigram violence have hit the headlines of every national daily. Dailies reported that West Bengal police have shot dead farmers in Nandigram - the issue underlying the killings is the agitation by the farmers to stop the
Brilliance of mind
It's hard to match the personality of one with the other. Even though its difficult to match, its interesting to know how a personality of a person is judged. Is it his external appearance? Or is it the internal levels of a person? Or is it both put
Growing and Surviving in Difficult Economic Times
Growing and Surviving in Difficult Economic Times Some small and medium size companies will be able to capitalise on opportunities during these uncertain economic times, gain market share from competitors, and otherwise grow and expand. Other compani
Financial Instruments
Company faces many kinds of risks like unanticipated changes in demand, selling price, costs, taxes, interest rates, technology, exchange risk, etc. As a result of this, profitability of the company is going against the nature. Risk management is no
Stay outside Taxman's radar- avoid cash gifts!
A fool judges people by the gifts they give him, says a Chinese proverb. The proverb would not stand its ground in India, thanks to the taxman extending his cold fist towards gratuitous amounts dropped in your pocket. Over the past years, India has w
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