CAclubindia Articles

Cyprus: An Alternative Structuring route

Posted by Abhiroop 02 October 2007 5214 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

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

Posted by Abhiroop 02 October 2007 6277 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 4988 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 7740 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 6546 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

Income Tax - Modern History of Income Tax

Posted by Ravikumar.G 01 October 2007 21136 Views

The Income Tax history in modern India dates back to 1860. In this year first Income Tax Act was introduced and which remained in force for a period of 5 years. This Act lapsed in 1865. Thereafter Act-II of 1886 was in force. This Act of 1886 was the

Seven Meeting Etiquette Rules Not To Forget

Posted by Ravikumar.G 01 October 2007 16228 Views

Business meetings are held for a variety of reasons, but one common characteristic is the sharing of information with others. As in dining, there are rules of etiquette that go along with meetings. I cannot believe the number of times I have been to

Some Facts for Tax Provisions

Posted by CMA Gul S 01 October 2007 7019 Views

1. Before we discuss the interpretation of 'beneficial provisions', it will be interesting to consider some basic rules of interpretation as laid down by the Supreme Court in its pronouncements viz. :(1) Legislative intent should be considered, henc

Some issues with Annual Information Return and Income-tax Return

Posted by CMA Gul S 01 October 2007 16105 Views

S.285BA of the Income-tax Act (Act) read with Rule 114E of the Income-tax Rules (Rules) requires certain specified persons to file Annual Information Returns (AIR) every year. Income-tax Return Forms, ITR - 1, 2, 3 and 4, applicable to Individuals/H

Profitable Trading In The Forex Markets

Posted by CMA Gul S 30 June 2020 4103 Views

The basis behind using technical analysis is to find trends when looking at the forex charts and be aware of when they first develop so you can ride the trend until it ends. The foreign exchange market is a very strong trending market, lots of ups an