CAclubindia Articles

Taxability of Provident Fund

Posted by Sensys Technologies 14 May 2015 23134 Views

Employees� provident fundProvident fund scheme is as a retirement benefit scheme. Under this scheme, a stipulated sum is deducted from the salary of the employee as his contribution towards this fund. The employer also generally contributes sim

Brief overview of secretarial standards SS1 and SS2

Posted by Rohit Jain 14 May 2015 56042 Views

The Institute of Company Secretaries of India is a statutory body in India to regulate the profession of Company Secretaries. From a start as a small body, the institute has grown to be a large professional body. Members of the Institute are playing

How do we manage travel costs?

Posted by Tulasi S Sastri 14 May 2015 14368 Views

Travel is an important item of cost for many organizations, whether in “manufacturing” or in “services” sectors. I have chosen to use the word “manage” instead of “monitor” (reference my previous articl

Audit Committee under Section 177 of Companies Act,2013

Posted by CS M.Kurtrala Nathan 14 May 2015 36133 Views

Audit Committee under Section 177 of Companies Act,2013CS M. KurthalanathanSection 177 of the Companies Act,2013 and Rule 6 and 7 of Companies (Meetings of Board andits Powers) Rules,2014 deals with the Audit Committee.Applicability of Audit Committe

Secretarial Audit: Meaning and Introduction

Posted by Rachna Sharma 13 May 2015 18962 Views

In this series of articles, we will take account of Secretarial Audit, a newer concept in the field of Companies Act. There have been numerous discussions on this topic in the past. Keeping rest to all the previous discussions

Consolidation of accounts for private limited companies

Posted by ABHISEK TOSNIWAL 13 May 2015 31830 Views

It is believed that to get correct picture of financials of a business, the financials of the subsidiaries & joint ventures of the company should be analyzed together. On this premise the concept of consolidation of accounts is devised & is t

Deduction in respect to contribution to pension scheme

Posted by CA Basant Patawari 13 May 2015 8223 Views

Deduction in respect to contribution to pension scheme ( NPS) notified by central Government ( Sec 80CCD ) - Assessment Year 2016-17Conditions � Section 80 CCD is applicable if the following conditions are satisfied � The Taxpayer is an

GST decoded

Posted by ROHIT LOHADE 13 May 2015 10973 Views

The present structure of Indirect Taxes is very complex in India. There are so many types of taxes that are levied by the Central and State Governments on Goods & Services. How nice will it be if there is only one unified tax rate instead of all

Cost control and cost reduction

Posted by Guest 13 May 2015 17903 Views

Cost accounting has been defined as �that branch of accounting which deals with the classification, recording, allocation and summ

Deduction of expenditure incurred for exempt income if taken will land in trouble

Posted by CA Umesh Sharma 12 May 2015 11606 Views

Karneeti Part 88Deduction of Expenditure incurred for Exempt IncomeIf taken will land in troubleArjuna (Fictional Character): Krishna, expenditure incurred in relation to exempt income is a controversial issue and matter of discussion in these days.