CAclubindia Articles

International Tax - Case Law Analysis-2015: Series 2

Posted by CA Rohit Gupta 30 March 2015 7256 Views

International Tax Update: India Foreign Remittance: TDS u/s 195: Case Law Analysis 2015: Series 2 Some of the important case laws published in India during the year 2015 pertaining to TDS u/s 195 and/or taxability of foreign companies/non-resident en

Why do I consider Purchase Order, an important Internal Financial Control?

Posted by Tulasi S Sastri 30 March 2015 17643 Views

We all know that Purchase Order is a document, released by an organization, to a vendor, to make supplies of a specified item or material, at a given price, of specified quantity, quality and description. If the mandate to a vendor is for specified

Process of filling of application with company law board

Posted by CS Divesh Goyal 30 March 2015 17997 Views

PROCESS OF FILLING OF APPLICATION WITH COMPANY LAW BOARDFOR EXTENTION FOR TIME OF REPAYMENT OF DEPOSITGOYAL DIVESH & ASSOCIATES,PRACTICING COMPANY SECRETARYREPAYMENT OF DEPOSIT: As per Section 74(1) (b) Every company which have deposit as on 1st

Service Tax: Analysis of amendments effective from 01.04.15

Posted by CA Chitresh Gupta 30 March 2015 46398 Views

SERVICE TAX: ANALYSIS OF AMENDMENTS APPLICABLE WITH EFFECT FROM 01ST APRIL 2015By CA. Chitresh Gupta, B.Com(H), FCA, IFRS (Certified), IDT (Certified)The Finance Bill, 2015 has proposed lot of changes in Service tax provisions. These changes will be

Appointment of Women Directors

Posted by Kunal R. Sarpal 28 March 2015 19180 Views

Women Directors, yeah, we really need them! Kunal, really, why do you want women ruling the Board too? My reply, why not...? It’s high time we walk the talk and start offering a board seat to all the competent ladies out there. Thanks to SEBI a

Material Procurement - Inventory levels & EOQ

Posted by CMA Poornima Madhava 28 March 2015 28438 Views

Material Procurement Inventory Levels & EOQAn important function of Stores is to requisition materials for replenishment. The following tools help Stores to maintain required inventory and to guide on reorder quantity:Let us discuss each

Impact of Change of Service tax liability structure from partial reverse charge

Posted by Bimal Jain 28 March 2015 19191 Views

Impact of Change of Service tax liability structure from partial reverse charge to full reverse charge on manpower Supply and Security Services in transition periodAs Notification No. 30/2012-ST dated 20-06-2012 has been amended vide Notification No.

Introduction of IND AS Framework

Posted by CA Vivekanand Pote 28 March 2015 19946 Views

Framework for preparation and presentation of financial statements in accordance with IND AS Purpose Sets out the concepts for preparation and presentation of financial statements in accordance with IND AS Assist in development of future Indian Acc

Risk Management Policy

Posted by Sundharesan Jayamoorthi 28 March 2015 62084 Views

Section 134(3)(n) - Risk Management Policy There was some relief when the regulators relaxed the reporting requirement of Internal Finance Control (IFC) under section 134(5)(e) of the Companies Act, 2013 (the Act) which is applicable for listed comp

What is domestic transfer pricing?

Posted by Karan Khatri 27 March 2015 24126 Views

INTRODUCTIONApplicability of transfer pricing provisions was earlier limited to International Transactions only. With effect from 01.04.2013, the scope of Transfer Pricing provisions is extended to Specified Domestic Transactions and is