CAclubindia Articles

Draft rules and future of CS. Much ado about nothing

Rohit Jain 05 April 2014 at 17:51

The Institute of company secretaries of India is one of the largest professional bodies in the world in the development of corporate secretaryship. One does not need to repeat that the companies act 2013 has thrust the company secretary to the positi

Highlights on CSR Provisions notified on 27.02.2014

CS DHANAPAL 04 April 2014 at 11:43

Effective Date for CSR Applicability Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st Apr

New provisions applicable wef 1st April under Co Act 2013

CA Nitesh Kumar More 04 April 2014 at 11:43

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R

Companies Act, 2013: Analysis relating to Audit & Accounts

Mohit Jain 04 April 2014 at 11:42

Basis Provisions of Companies Act, 2013 Final rules Remarks/Difference vis--vis draft rules Relating to Audit and Auditors Chapter-X [Companies (Audit and Auditors) Rules, 2014] Manne

How does it affect you if you miss to file the income tax return

Ramalingam K 04 April 2014 at 11:42

The tax payers, auditors and tax masters go extremely busy filing taxes and working on refunds in July. 31st July is the cut off for filing your returns which is set by the central board of direct taxes. Not only tax filing process has become easier

Utilisation of Cenvat Credit For Education Cess Payment

CA. SRIKANTHA RAO T 04 April 2014 at 11:42

UTILISATION OF CENVAT CREDIT FOR EDUCATION CESS PAYMENT A MANUFACTURERS PERSPECTIVEBy CA Srikantha Rao T The introduction of Cenvat Credit Rules 2004 which facilitated cross utilization of credits in terms of Service Tax on input servi

Status of CARR and CAR, 2011 w.e.f. 1-Apr-2014

Girish HS 03 April 2014 at 11:57

The MCA has notified Section 148 of The Companies Act, 2013 regarding maintenance of Cost Accounts / Cost Audit on 26th March 2014, to be effective from 1st April 2014. The MCA however has not notified Final Rules under Section 148 rela

Services performed in India for SR located abroad- Exports

Bimal Jain 03 April 2014 at 11:57

Dear Professional Colleauges,Services performed in India for a service recipient located abroad are export of servicesWe are sharing with you an important judgment of the Honble CESTAT, New Delhi in the case of Gap International Sourcing (Indi

Companies Act - 2013: Internal Audit

CA. Amit G. Chandani 03 April 2014 at 11:56

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions related to Internal Audit of Companies w.e.f 01st April, 2014. I nternal Audit: The Companies Act, 2013 has given statutory rec

Compliance - Income tax Return Filing. Why? And how to reply

CA Chirag Chauhan 01 April 2014 at 11:35

The Mission of Our Income Tax Department is To promote Compliance with our direct tax laws, through caring taxpayer service and strict enforcement, and thus realize maximum resources