CAclubindia Articles

New provisions applicable wef 1st April under Co Act 2013

Posted by CA Nitesh Kumar More 04 April 2014 71742 Views

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R

Companies Act, 2013: Analysis relating to Audit & Accounts

Posted by Mohit Jain 04 April 2014 34097 Views

Basis Provisions of Companies Act, 2013 Final rules Remarks/Difference vis--vis draft rules Relating to Audit and Auditors Chapter-X [Companies (Audit and Auditors) Rules, 2014] Manne

How does it affect you if you miss to file the income tax return

Posted by Ramalingam K 04 April 2014 18781 Views

The tax payers, auditors and tax masters go extremely busy filing taxes and working on refunds in July. 31st July is the cut off for filing your returns which is set by the central board of direct taxes. Not only tax filing process has become easier

Utilisation of Cenvat Credit For Education Cess Payment

Posted by CA. SRIKANTHA RAO T 04 April 2014 39303 Views

UTILISATION OF CENVAT CREDIT FOR EDUCATION CESS PAYMENT A MANUFACTURERS PERSPECTIVEBy CA Srikantha Rao T The introduction of Cenvat Credit Rules 2004 which facilitated cross utilization of credits in terms of Service Tax on input servi

Status of CARR and CAR, 2011 w.e.f. 1-Apr-2014

Posted by Girish HS 03 April 2014 19097 Views

The MCA has notified Section 148 of The Companies Act, 2013 regarding maintenance of Cost Accounts / Cost Audit on 26th March 2014, to be effective from 1st April 2014. The MCA however has not notified Final Rules under Section 148 rela

Services performed in India for SR located abroad- Exports

Posted by Bimal Jain 03 April 2014 9162 Views

Dear Professional Colleauges,Services performed in India for a service recipient located abroad are export of servicesWe are sharing with you an important judgment of the Honble CESTAT, New Delhi in the case of Gap International Sourcing (Indi

Companies Act - 2013: Internal Audit

Posted by CA. Amit G. Chandani 03 April 2014 280636 Views

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions related to Internal Audit of Companies w.e.f 01st April, 2014. I nternal Audit: The Companies Act, 2013 has given statutory rec

Compliance - Income tax Return Filing. Why? And how to reply

Posted by CA Chirag Chauhan 01 April 2014 27766 Views

The Mission of Our Income Tax Department is To promote Compliance with our direct tax laws, through caring taxpayer service and strict enforcement, and thus realize maximum resources

Meetings under Companies Act, 2013

Posted by Raju Balodi 01 April 2014 341401 Views

GENERAL MEETING: AGM (Sec 96 & 97) Applicability: Every Company other than One Person Company. Key Provisions: Every Company to which this section applies shall hold its 1st AGM within 9 months from the closure

Karniti Part-30: Wish all taxpayers a Wealthy New Financial Year

Posted by CA Umesh Sharma 01 April 2014 7107 Views

On the Occasion of Gudi Padwa i.e, 31-3-2014Lets See behind and Move Ahead in the Financial YearArjuna (Fictional Character): Krishna, Today is Gudi Padwa which means beginning of New Year. Further today is the last day of financial year 2013-