Popular Articles

Current Ratio: Dressing up the Balance Sheet

Posted by CA S.SAIRAM 21 June 2010 17844 Views

CURRENT RATIO: DRESSING UP THE BALANCE SHEET Current Ratio is the function of Current Assets and Current Liabilities. Hence the simple understanding is either increase the Current assets or reduce the Current Liabilities. Neither ways are easier sin

Why CAs should now target IIMs-II

Posted by ANANDH SUNDAR 05 March 2011 17844 Views

After my first article(http://www.caclubindia.com/articles/why-cas-should-now-target-iims-8976.asp) attracted so many likes, comments and queries, I thought I'll post this second article to address some commonly posed queries. Much as I would lo

Registration under GST for works contract

Posted by CA S K MISHRA 23 August 2019 17840 Views

The registration under GST is PAN based and State-specific. Every taxable person (subject to threshold limit) is required to obtain a PAN based registration in ...

Unfortunate that Professionals have certified

Posted by Venkateswara Rao Sapare 20 October 2012 17839 Views

Dear Readers, I am sorry to come out with filling unpalatable information. A random scrutiny of XBRL filing of financial statements by few companies to MCA for FY 2010-11 reveals significant variations in disclosures in published results an

No ST on Deputation of employees on cost-sharing basis

Posted by Bimal Jain 02 August 2014 17833 Views

Deputation of employees on cost-sharing basis does not fall under Supply of Manpower Services We are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Service Tax Vs. Arvind Mills Ltd. [(

Stay calm and super focused on studies

Posted by CA Kaival Shah 22 September 2018 17831 Views

The very crucial point that we all need to understand is that we NEVER fail in life, it is only that we LEARN from experiences.Failing is exam is just the equiv...

Concept of Din

Posted by Tapas Ruparelia 13 December 2010 17830 Views

Directors Identification Number (concept) The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of Sections 266A to 266G of Companies (Amendment) Act, 2006. As such, all the existing a

Taxing becomes more complex

Posted by CA.Unnikrishnan.S 11 June 2012 17829 Views

Under the current service tax provisions construction of residential complex service was one of the services which was subject matter of litigation all over India.Various Departmental circulars giving contradictory clarifications as w

Path towards IFRS

Posted by Samyak Sanghvi 05 March 2015 17829 Views

INTRODUCTION Since the advent of internet, the world has shrunk, distances have lost their importance and information has no more remained the differentiating factor in this global arena. Globalization-the BUZZWORD has