CAclubindia Articles

Annual works of LLP

Posted by CS Divesh Goyal 25 July 2015 8788 Views

Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, change of Partners/ Designated Partners, alteration in Contribution, and change of registered offic

Know your Accounting Standards

Posted by Prateek Jain 25 July 2015 22872 Views

Accounting Standard -15�Employees Benefits�Accounting Standard-15 issued by Chartered Accountants of India is mandatory in nature and has partial exemptions for level �II/III and Small and Medium companies.The objective of this Stan

Amendment in proviso- textile

Posted by Pradeep Jain 25 July 2015 10199 Views

TRIPLE THE AMENDMENTS, TRIPLE THE HASSLE, NOW ALL IS WELL Introduction“Proviso”: when it is added to an exemption notification, brings out some conditions on fulfillment of which the benefit of notification will be allowed. Therefore, as

What is GST and its benefits?

Posted by CA MOHIT SINGHAL 25 July 2015 24514 Views

Introduction:GST stands for �Goods and Services Tax�, and aimed at creating a single, unified market that will benefit both corporates and the economy. It is an indirect tax that will lead to the abolition of all other taxes such as octro

Should statutory auditors attend AGM compulsorily?

Posted by Amitav Ganguly 24 July 2015 23742 Views

PREAMBLEThe Company jurisprudence in India enshrines statutory auditors who audit the accounts of a company as representatives of the shareholders who appoint them at every Annual General meeting {AGM} to look after the interest of the shareholders.I

All about IT Form 16 for salaried employee

Posted by CA SONIYA AGARWAL 24 July 2015 18479 Views

What is Form 16:- If you are salaried employee in an organization, then you will get the salary after deducting tax by the employer. Therefore Form 16 is a certificate issued to you by your employer stating the Personal details of the Employee includ

Hidden features of fixed deposit account

Posted by Sanyam Jain 24 July 2015 15650 Views

Banks are on spree of cutting down interest rates and this is the best time to lock in your funds at higher interest rates before it slips down more. Usually fixed deposit investment is one of the most transparent investment options, even an adolesce

CBEC issues guidelines for detailed scrutiny of Excise Returns

Posted by Bimal Jain 24 July 2015 21207 Views

CBEC issues guidelines for detailed scrutiny of Excise ReturnsBackground:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 185/4/2015-ST dated June 30, 2015 had laid

Exam preparation points for November 2015

Posted by Ankur Garg 24 July 2015 72466 Views

Dear CA Aspirants, Please find below some suggestions for November 2015 CA Examination preparation. Below mentioned suggestions are quite general in nature and act as a checklist for Exam preparation. This write up is in the nature of reminder for st

Points to be considered by a taxpayer before filing an ITR

Posted by CA ANKIT GUPTA 24 July 2015 16060 Views

1. Due Date of Filing of Income Tax Return is proposed to be extended to 31 August �2015 in respect of Assessment Year 2015-2016. 2.The maximum amount of deduction available under Chapter VI A has been extended from Rs.1,00,000 to Rs.1,50,000