CAclubindia Articles

Highlights of Report on the GST Bill by Select Panel of Rajya Sabha

Posted by Bimal Jain 27 July 2015 4885 Views

Dear Professional Colleague,Highlights of Report on the GST Bill by Select Panel of Rajya SabhaWith the first day�s proceeding of the Monsoon session of the Parliament getting distressed, the Select Panel of the Rajya Sabha had submitted its Re

Secretarial standard -II under Co. Act, 2013

Posted by CS Divesh Goyal 27 July 2015 4293 Views

BACKGROUND:The Ministry of Corporate Affair (MCA) has issued circular Dated: 10th April, 2015 vide Letter No. 1/E/2014/CA/I and same has been notified in official Gazette on 23rd April, 2015. Secretarial standard has been applicable on Companies from

Use of digital signature and electronic maintenance of records under central excise and ST

Posted by Ravi Kumar Somani 25 July 2015 11076 Views

Use of Digital Signature and Electronic maintenance of records under Central Excise and Service Tax Government of India has in the recent past launched its dream initiative of �Digital India� which promises to integrate the government dep

Annual works of LLP

Posted by CS Divesh Goyal 25 July 2015 8793 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 22877 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 24520 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 23743 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 18480 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 15651 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