CAclubindia Articles


Guide to grant of refund under MVAT act

Posted by gopal Santosh Darak 23 February 2015 10429 Views

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)

Posted by mayank 23 February 2015 21638 Views

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

Posted by shivaji prasad bhimavarapu 09 April 2021 88393 Views

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

Posted by Vivek Sharma, ACA 24 June 2016 26495 Views

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?

Posted by Rakesh Nangia 24 February 2015 13221 Views

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

Posted by CA Sagar Khubchandani 20 February 2015 22906 Views

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

Posted by Sahil Jolly 19 February 2015 19068 Views

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

Posted by Bimal Jain 19 February 2015 20758 Views

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

Posted by CA Sripriya K 19 February 2015 30516 Views

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



Analysis on current ratio

Posted by CA N RAJA 05 July 2016 73262 Views

MANU CONVERSATION BETWEEN MANU AND VINU ABOUT CURRENT RATIO VINU Manu Vinu! You are looking very angry. What happened?Vinu Manu! I am sick of our Bankers! They denied working capital loan to our company by just quoting one ratio.Manu What was that




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