CAclubindia Articles

Expulsion - Clauses

Posted by Nidhi Agnihotri 10 April 2015 22413 Views

AS PER PARTNERSHIP ACT 1932Section33 EXPULSION OF A PARTNER. (1) A partner may not be expelled from a firm by any majority of the partners, save in the exercise in good faith or powers conferred by contract between the partners. (2)

Demand of Service tax on the amount credited/ debited to suspense

Posted by Bimal Jain 02 May 2021 17274 Views

Dear Professional Colleague,Demand of Service tax on the amount credited/ debited to suspense account for the period prior to May 10, 2008 is not exigible to Service taxWe are sharing with you an important judgment of Honble CESTAT, Chennai, i

Key Highlights of Foreign Trade Policy 2015-2019

Posted by CA. Dau Daga 09 April 2015 11855 Views

The much awaited Foreign Trade Policy was released by the Commerce Minister Nirmala Sitharaman on 1 st April 2015. Amendments in DGFT Notifications Merchandise Exports from India Scheme (MEIS) - Schedu

Analysis of Amendments in Cenvat Credit Rules, 2004

Posted by Sushil Kr Goyal 09 April 2015 19775 Views

The Honble Finance Minister presented the Union Budget for 2015-16 on 28th February, 2015. He claimed that The credibility of the Indian economy has been re-established. In the taxation front, with this budget also, it can be

Synopsis of TDS on Contracts (u/s 194C)

Posted by CMA Poornima Madhava 08 April 2015 50324 Views

Persons responsible for making payment of income, covered by the scheme of Tax Deduction at Source (TDS), are responsible to deduct tax at source and deposit the same to the Government Treasury within the time stipulated.The recipient of the income (

Increase in time limit for availing Cenvat credit on Input services and Inputs

Posted by Bimal Jain 06 April 2015 37712 Views

Dear Professional Colleague,Increase in time limit for availing Cenvat credit on Input services and Inputs Whether applicable on invoices issued prior to March 1, 2015?Till September 1, 2014, there was no time limit prescribed under the Cenva

Shifting of registered companies under Co. Act,2013

Posted by CS DHANAPAL 06 April 2015 18091 Views

PROVISIONS AND PROCEDURE RELATING TO SHIFTING OF REGISTERED OFFICE UNDER THE COMPANIES ACT, 2013 Provisions regarding registered office of a company are primarily contained in Section 12 of the Companies Act, 2013. As per Section 12, every company i

Incorporation of One Person Company- A Practical approach

Posted by CS Kundan Mishra 06 April 2015 62399 Views

Incorporation of One Person Company- A Practical approach- CS Kundan Kr. MishraIntroductionThe Upper House of Parliament (Rajya Sabha) on August 8th, 2013, passed the Companies Bill, 2012 with some amendments.The Minister of State (Independent Char

Cash flow statement (CFS) is mandatory as per the CA, 2013

Posted by CA Pankaj Kr Agrawal 06 April 2015 37003 Views

Companies Act 2013 - Financial Statements to include Cash Flow Statement and Statement for Changes in Equity The Companies Act, 2013 (the Act or New Act) brought in many changes which directly impact preparation of financial statements and require un

What's new in MVAT

Posted by CA Umesh Sharma 06 April 2015 23551 Views

Bottom of Form Karneeti Part 83Whats new in MVATArjuna (Fictional Character): Krishna, it is necessary to recall the new changes that have taken place in the MVAT laws from 1st April 2015.Krishna (Fictional Character): Arjuna, ss per the v