CAclubindia News

House rent receipts can save you tax

26 May 2008 at 12:57

Under section 10 (13A) of the Income Tax Act, you can claim a deduction on the rent you pay, Aam aurat and aam aadmi just moved into the city of dreams.

Posted in Income Tax | 1 comments | 17556 Views

Making a financial plan is imperative

26 May 2008 at 12:51

The framework has to take into account the family's goals, "If I have eight hours to cut a tree, I'll spend six hours sharpening the axe" -we all would have heard this pithy aphorism.

Posted in Others | 3663 Views

SAVE TAX ON LOSS FROM SHARE

23 May 2008 at 11:23

By reading the title of the post you will be thinking that there is no tax on long term capital gain on shares then what is the relation between tax saving and long term capital loss?But after reading the next few lines you will definitely understand

Posted in Income Tax | 6 comments | 7512 Views

RBI for watch on transactions above Rs10 lakh

23 May 2008 at 11:14

Central bank steps up vigil against money launderingAuthor : Team DNATightening the anti-money laundering norms, the Reserve Bank of India on Thursday made it mandatory for banks to report all suspicious transactions

Posted in Others | 5136 Views

CAs can now Advertise,Council notifies the guidelines

21 May 2008 at 10:31

The Institute of Chartered Accountants of India (ICAI) set-up under the Chartered Accountant Act, 1949 to regulate the profession of Chartered Accountancy is one of the largest and prominent accounting body worldwide. It has been taking various

Posted in Career | 1 comments | 7620 Views

New Chapter of the Institute in New York

19 May 2008 at 17:15

Posted in Students | 5721 Views

ICAI council Approves Accounting Standard (AS) 32,

19 May 2008 at 16:49

The Council of the Institute has approved Accounting Standard (AS) 32, Financial Instruments: Disclosures. The objective of this Accounting Standard is to require entities to provide disclosures in their financial statements to enable users to evalua

Posted in Accounts | 18048 Views

Notification on AS by CG under Companies Act

16 May 2008 at 10:46

The Government recognises the importance of financial reporting in providing essential financial information about the company to its shareholders and other stakeholders, as an integral and important part of good corporate governance. Such informatio

Posted in Accounts | 9672 Views

Lawyers can't take up sales tax audit...CAs can

14 May 2008 at 11:27

Apex court says only chartered/ cost accountants are eligible In a major set back to a large number of lawyers who also perform the job of auditing and verifying sales tax returns, the Supreme Court

Posted in Audit | 2 comments | 9453 Views

IPO refunds are history, new rule in

14 May 2008 at 11:23

Sebi says investors can apply without having to transfer cash Author : N Sundaresha Subramanian/DNAMany investor complaints can be avoided by making some systemic changes, the chairman of the Securities and Exchange Board of India

Posted in Shares & Stock | 4 comments | 13014 Views