CAclubindia Articles
Ind AS applicability
Indian Accounting Standards (Ind As)As we all know that as per Notification of Ministry of Corporate Affairs on 16th February2015 Ind As has came into force. They shall come into force on the 1st day of April, 2015. I have gone through the notificati
Guide to grant of refund under MVAT act
Introduction: -After introduction of VAT, a large quantum of refund application have beenfilled. The Department under going transition due to which business processhave undergone many changes. As result, a num
'Convergence - Ind AS notified (Ind AS applicability)
With accounting having become the global language of business, the convergence with International Financial Reporting Standard (IFRS) is the need of the hour as an economic imperative for India. The Finance Minister Shri Arun Jaitley a
Charges under companies act, 2013 | An analysis
The CHARGES under the Companies Act 2013 are governed by the Sections 77,78,79,,89 and the Rules 2014.Relevant forms for charges are CHG-1 to CHG-10 (Totally 10 Forms)WHAT IS A CHARGE:The company may bor
Cognizance to Ind-AS in India by introducing new CA 2013
Introduction: India has principally agreed to the implementation of Ind -AS by revamping Schedule VI of Companies Act 1956 being the first constructive step in the journey. Many of the new insertions and amendments in Companies Act 2013
Budget wishlist: What govt must do to ease pain of common man?
As February 28 draws closer, a lot of expectation has built up on the tax front as this will be the first full-year Budget to be presented by the Modi government. The government has previously conveyed its intention to simplify the taxation system an
Business model of Indian Premier League
Another buzzing cricket news after World Cup 2015 is that Yuvraj Singh has been sold to Delhi Daredevils for whopping Rs 16 Crores in Indian Premier League (IPL).Not only this time,but he was the most expensive buy at auctions last year as well for R
We the people or we the sitting ducks
Almost all of us go for family outings every now and then and one of the most important activities, without which an outing is not complete, is having a meal at a nice Resta
Non-Authorised service station is not liable to pay Service tax
Dear Professional Colleague,Non-Authorised service station is not liable to pay Service tax on Maintenance or Repair of any part of motor vehicle SC dismissed SLP filed by the DepartmentWe are sharing with you an important judgm
Companies act, 2013- Sec 139- Rotation of auditors
No listed company or a company belonging to such class or classes of companies shall appoint or re-appoint:- An individual For more than one term of five consecutive years An audit firm For more than two terms
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