CAclubindia Articles

Incorporation of a private limited company under Co. Act,2013

Posted by CS Umesh Navani 19 January 2015 22931 Views

The Companies Act, 2013 has put more formalities on incorporation of a company. Consequently, the cost for incorporation of a company has increased. Following is the process for incorporation of a private Limited company. Step 1-Procuring Director Id

Is reversal of input tax credit maintainable when the selling dealer's RC is cancelled?

Posted by RENGARAJ R.K 17 January 2015 22265 Views

Introduction: When a dealer purchases his inputs from his vendor and claims the eligible Input Tax Credit (ITC), with a bonafide beli

Job work-Valuation under Central Excise

Posted by PRADEEP REDDY 17 January 2015 29176 Views

A job work transaction triggers Excise Duty liability if the process involves manufacture. The consequent question that arises is how to determine assessable value of the goods involved.

Interesting View on Falling Crude Prices

Posted by CA Arindam Shukla 17 January 2015 60484 Views

Falling Crude Prices Hidden advantage to OPEC AbstractIts first time after the 2008 crisis when the Crude oil Price has declined so much. Crude oil prices have declined to $47 per barrel in the past Quarter making it difficult for

Refund of Service Tax to SEZ Unit - Notification 12-2013

Posted by CA Sunnay Jariwala 17 January 2015 30222 Views

Notification No. 12/2013 Service Tax 1. The exemption shall be provided by way of refund of service tax paid on the specified services received by the SEZ Unit or the Developer and used for the authorised operations: Provided that where the s

Excellence in Excel Series - Part IV Macros

Posted by CA ANKUSH AGGARWAL 17 January 2015 25522 Views

EXCELLENCE IN EXCEL SERIES PART IV-MACROS Hey Friends,I am back with another article on most easy and yet unpopular excel function-macros.Many of us as soons as hear the word Macros ,Only one thing comes into mind-Difficult.But friends

Preface to IFRS

Posted by CA ANKUSH AGGARWAL 21 October 2019 21967 Views

PREFACE TO INTERNATIONAL FINANCIAL REPORTING STANDARDS PURPOSE OF ISSUING PREFACE Setting out objectives and due process of the IASB Explain the scope, authority and timing of application of IFRS Preface has been amended from time t

IGST model in Goods & Service Tax (GST)

Posted by CA Sudhir Halakhandi 16 January 2015 29536 Views

GOODS AND SERVICE TAXTHE IGST MODEL IN GSTBY SUDHIR HALAKHANDI CA SUDHIR HALAKHANDIQ. What is IGST and how this will monitor the interstate trade of Goods in GST? Will IGST replace the existing CST? Please explain with suitable example.A new model is

Benefits of GST to manufacturer and traders

Posted by CA Vivek chaudhary 16 January 2015 34359 Views

(ONE INDIA ONE MARKET)On continuation of my last article on Goods And Services Tax I want to give further explanation about the benefits of Goods And Services Tax&r

Improve Your English Grammar - Quick Guide - Part 1

Posted by Nimish Goel 14 January 2015 50873 Views

English speaking or writing is a terrorized and fearful thought, especially for a lot of students and young chartered accountants. English, as lot of us believe is our weak forte and we all struggle to find it difficult to communicate in this langua