CAclubindia Articles

We are the CA!- CA Theme Song

Posted by devansh doshi 16 July 2015 45103 Views

Long back, one would imagine an accountant as a desi geek, wearing peculiarly erudite spectacles, called Munimji. In his modern avatar, he or she is recalled as a sincere looking and suited up scholar, called a Chartered Accountant, more fondly a CA.

Issue of service tax and excise bills in electronic format

Posted by CA Sujeet Kumar 15 July 2015 11407 Views

With the advent of Digital India, as and when our PM talks about to make a digital India, the pace of technology has been grown up and everywhere Govt. has emphasized on each and every thing in India should be done with technology or should be kept w

Paradigm shift of International Arbitration in India

Posted by dr vedula gopinath 15 July 2015 4985 Views

In the wake of Liberalisation, Privatisation and Globalisation,(L.P.G) developing countries should have regulatory system w

New to income computation and disclosure standards (ICDS)? Here's what you need to know

Posted by Karan Khatri 15 July 2015 12793 Views

INTRODUCTIONBackgroundSection-145(2) of Income tax Act, 1961 empowers Central Government to issue Income Computation and Disclosure Standards (ICDS).Key Features of ICDS Effective Date of ICDS is 01stApril, 2015e. AY: 2016-17 onwards. ICDS applicable

CSR - An Overview

Posted by Srinivas 15 July 2015 6883 Views

SCHEDULE VII / SEC 135CORPORATE SOCIAL RESPONSIBILITY1. APPLICABILITY:Companies (Either private or public) having, Net worth of Rs. 500 crores or, Turnover of Rs. 1000 crores or, Net profits of Rs. 5 crores, Have to spend at least 2% of it

Learning Series on CSR LAW in India (2nd Issue)

Posted by SAGA 14 July 2015 9195 Views

Learning Series on CSR LAW in India (2nd Issue)Some Confusing & Debatable CSR IssuesIntroduction1.1.1 The law relating to CSR in India is provided in Section 135 of the Companies Act, 2013 read with Schedule VII of the Act and The Companies (Corp

Impact of GST in Haryana

Posted by CA Pravendra Rana 9717036532 14 July 2015 11107 Views

GST is a destination based tax structure which is also totally a new concept for Indian Indirect taxation scenario. With the introduction of GST in the country, there will be certain significant changes in regime of

Cenvat Credit on services received for Wind Mill, beyond factory gate-Confusion aggrieved

Posted by Manish K.Gandhi 14 July 2015 18436 Views

There is old litigation between assessees and department whether Cenvat Credit of service paid on various services received viz. installation/repairing & M

Reasons why I believe Chartered Accountancy is in a Mess

Posted by CA Rohit kapoor 13 July 2015 46398 Views

There can be two answers to the above Question i.e. Yes Or No. I will talk about Chartered Accountancy being in a Mess in my article as Criticism leads to Improvement and I believe in it.Well the course is right now pretty screwed up, because of the

Taxability of software under indirect tax law and GST

Posted by Shivashish 13 July 2015 14302 Views

Information Technology (IT) industry has grown multi folds in last 2 decades in India. It is one of the most revenue generating sector for government, job creating sector for individuals.The taxability of Software/Solutions/Clouds has always been a l