CAclubindia Articles

One Person Company (OPC) - An Analysis

Rahul Kumar 14 July 2014 at 11:54

The introduction of OPC in the legal system is a move that would encourage corporatization of micro businesses and entrepreneurship with a simpler legal regime so that the small entrepreneur is not compelled to devote considerable time, energy and resources on complex legal compliances.

Impact of 'Budget of Hope' on 'Service Tax'

Nagendra Hegde 14 July 2014 at 11:53

Impact of Budget of Hope on Service Tax By Nagendra HegdeThe debate is still on ' on

Service Tax Proposals & Changes in Union Budget 2014

Guest 14 July 2014 at 11:53

HIGHLIGHTS OF BUDGET-2014 SERVICE TAX PROPOSALS IN UNION BUDGET 2014-15 New Services Brought under Service Tax Net w.e.f the date of assent by President a) Radio Taxi Servicesb) Renting of Space for advertisement in Online & Mobile Penal Interest

Depreciation - Changes between Schedule XIV and Schedule II

Priya Agarwal 14 July 2014 at 11:51

Companies Act 2013 Impact on DepreciationWith the advent of Companies Act, 2013, the method of Depreciation has also changed where Schedule II has replaced Schedule XIV.The difference between WDV and SLM have been removed with the advent of

Colors of ambiguity still on Heena

Pradeep Jain 14 July 2014 at 11:51

There was dispute was going on between the trade and the Central excise department on the exemption on Heena Paste. This exemption was given in last year budget but there was ambiguity in drafting on such notification. We have written an article on t

Auditors under the Companies Act, 2013

Shashikant Sharma 14 July 2014 at 11:48

The Companies Act, 2013 (the Act) has changed the role of auditors in companies, seeking greater transparency and corporate responsibility. Past serious financial frauds and scandals especially Satyam Scandal has exposed glaring gaps in

Directors Special: Section 189 of the Companies Act, 2013

Yogina 14 July 2014 at 11:48

There are around twenty one statutory registers to be kept by companies pursuant to the Companies Act, 2013. All the registers, records, minutes, books and paper, documents etc. (herein after collectively mentioned as the records) to be

Life is a fun Ride, its not a race - its Lifunride

CA Rajesh Pabari 14 July 2014 at 11:48

Why this Article?This article is written for simple reason that we have forgotten to learn from simple events in life, though they are simple events but the lessons that may be learnt from them can be so profound that it can prove to be life changing

Union Budget 2014 - Indirect Taxation

Madhukar N Hiregange 12 July 2014 at 12:32

In recent times, the law abiding assesses have to contend with large number of target based queries/notices, audits and summons generally high amount of tax terrorism. Infructuos demands [90-95% bound to fail as p

Synopsis of Proposed amendments in Direct Tax in Budget 2014

CA Rahul Jain 12 July 2014 at 12:31

Tax Benefits/ Exemptions to Individual/ HUF • Basic Exemption Limit for FY 2014-15 is increased to Rs. 250000/- for individuals (whether male or female) below 60 years of age. For persons of 60 years or above, the basic exemption limit is raised