CAclubindia Articles

Changes in Companies Act

Posted by gourav singh 12 May 2015 37192 Views

Page 1 of 9Dear All,As you all know, The Companies Act 2013 has been notified and made applicable from thefinancial year 2014-15. The 2013 Act introduces significant changes in the provisions related toFinancial Statements, Disclosure Norms, Complian

How to pull out indian farmers from red

Posted by N.Srinivasan 11 May 2015 11192 Views

For ages Indian farmers are suffering with the following multi-dimensional problems. One or the other pulls him to the quick sand. His efforts as well as the Government efforts did not bring desired results. Plan after plan for 60 years, Government t

Amendment in reverse charge mechanism by Finance Bill 2015 and critical analysis of RCM

Posted by CA Vijaykumar Gutte 11 May 2015 263359 Views

Finance Budget 2015 Changes Included.Critical Analysis of Reverse Charge Mechanism in Service Tax Date 09/05/15 Earlier I had post

E Form INC 29 - A commendable initiative by MCA

Posted by Sudish Kumar Gupta 11 May 2015 24187 Views

Dear Members,In India, before coming into effect Companies (Incorporation) Amendment Rules, 2015, there was only one route for incorporating a company. Earlier Incorporation of a Company starts from taking Director Identity Number (DIN) and Digital s

The role of chartered accountants in eradicating corruption

Posted by Anmol Goyal 11 May 2015 22591 Views

If the accounting profession is committed to development, then it should commit itself to combat corruption.Introduction:Corruption is one of the most damaging consequences of poor governance, and the Chartered Accountants (CAs) create strong governa

GST in time deadlock

Posted by Anandaday Misshra, Advocate 09 May 2015 17494 Views

GST BillLok Sabha has finally passed the GST Amendment Constitutional Bill on 5th May 2015 . The GST Bill no. 192 of 2014 will result the 122th amendment in Constitution of India GST is an indeed path breaking tax reform since 1947 in India . Goods a

All about GST

Posted by CA. Kapil Goel, DISA(ICAI) 09 May 2015 49350 Views

The Goods and Service Tax (GST) is a tax likely to be implemented in India, from 1st April 2016. GST is proposed to be a comprehensive indirect tax to be levied on manufacture, sale and consumption of goods as well as services at the national level.

Note on Income Computation and Disclosure Standards (ICDS)

Posted by Gaurav Jain 09 May 2015 107218 Views

INCOME COMPUTATION AND DISCLOSURE STANDARDS CBDT vide its Notification No: 32/2015 dated 31-03-2015 notified 10 Income Computation and Disclosure Standards (ICDS); which are to be followed at the time of computation of income chargeable to income ta

Proposed changes in provisions for TDS u/s 194C for transporters

Posted by Gaurav Jain 09 May 2015 72782 Views

Proposed amendment in the TDS provision u.s 194C applicable on payments to transporters vide Finance Bill, 2015 CURRENT SCENARIO:Under the existing provisions of sub section (6) of section 194C of the Income Tax Act, 1961, there is no deduction of ta

Goods and service tax: Implications

Posted by Kapil Kaushik 09 May 2015 18407 Views

The much awaited GST (Goods and Service Tax) Bill was recently passed in Lok Sabha. Unfortunately though, a lot of individuals did not pay heed to this news because a Bollywood celebrity was sentenced to some punishment on the date of this important