CAclubindia Articles


CSR: Mandatory or Optional

Posted by Rohit Jain 29 August 2015 11676 Views

The preamble to the constitution of India describes it as a � sovereign socialist secular democratic republic�. Since independence, India has followed a mixed pattern of economy wherein the sovereign as well as the private sector contrib



CA-A Dream for Many but A Reality for Few

Posted by Shikha Sanat Kotak 28 August 2015 26572 Views

Ever dreamt of being in the world�s most elite profession? Yes I too did that. Realising your dreams not only needs the wish to achieve them but rather more the efforts & the will you put in to mak



Can we really compare a CA with MBA?

Posted by CA Ashutosh Khaitan 28 August 2015 29788 Views

There is often a discussion as to who is superior, a CA or a MBA. There are certain facts after that one will be able to identify as both are so different, that one can't really compare between the two :- A CA is a course that one do just afte



How does FDI affect the Currency of a country.

Posted by Pratik R. Shah 27 August 2015 16841 Views

Our nation has a limited resource of Foreign reserves and we are



Time is up for level playing in Income Tax

Posted by P.R. Sethuraman 27 August 2015 10925 Views

The new government has already completed more than one year in office after taking the reins. There is a public perception that Shri. N. Modi, the new Prime Minister is a strong leader with no non sense approach. Grown from the scratch as a tea vendo



Appointment of new statutory auditor in case of resignation

Posted by CS MOHIT SALUJA 27 August 2015 14089 Views

PRACTICLE ASPECT ON APPOINTMENT OF AUDITOR IN CASE OF RESIGNATION An auditor appointed under section 130 of Companies Act 2013, can resign after his or her appointment. When an auditor ceases to hold office after resignation as company auditor, the a



GST legislations draft to be finalised by Sept 15' 2015

Posted by Anandaday Misshra, Advocate 27 August 2015 9929 Views

GST LegislationThe Revenue secretary, Mr Das has clarified that three draft legislations are being prepared by different committees comprisingi) senior officers of the CBEC,ii) department of revenue and finance as well asiii) taxation department offi



No service tax on delivery of food

Posted by Bimal Jain 26 August 2015 13843 Views

Dear Professional Colleagues,No Service tax on free Pick-up/Home delivery of food, being �Sale� in nature � Chandigarh CommissionerateBackground:The Government vide Entry No. 19 of the Mega Exemption Notification No. 25/2012-ST date



"Raksha" to Seller and "Bandhan" to Buyer under MVAT

Posted by CA Umesh Sharma 25 August 2015 8687 Views

Karneeti 112�Raksha� to Seller and �Bandhan� to Buyer under MVAT Arjuna (Fictional Character): Krishna, the festival of Raksha Bandhan is coming soon. On this occasion Maharashtra Sales Tax Department has issued a Trade Circul



Registration under TNVAT Act

Posted by v. srikanth 25 August 2015 11090 Views

The law and procedure relating to registration of a person as a dealer under the TNVAT Act is specified in sections 38 and 39 of the TNVAT Act. Any dealer or any person who wants to do business in the State of Tamil Nadu can get himself reg




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