CAclubindia Articles

A step towards GST by Modi govt.

Posted by Sumit Grover 22 December 2014 7152 Views

On 19th Dec'14, Hon'ble Union Finance Minister, Sh. Arun Jaitley presented Constitution(122nd Amendment) Bill,2014 which focused on the introduction of GST in Indian economy. The following is the gist of amendments proposed by this bill: &bul

Sending an appeal against an order by speed post - A Caution

Posted by Anandaday Misshra, Advocate 22 December 2014 4783 Views

The service of an order has had always been the sole issue before the courts of law when they had to dispose an application for condonation of delay . The said issue was dealt in detail by Honourable High Court of Bombay in matter of Amidev Agro Ca

Key amendments in Companies Act, 2014

Posted by MAYANK 19 December 2014 84217 Views

KEY AMENDMENTS IN COMPANIES ACT, 2014 BY THE COMPANIES (AMENDMENT) BILL, 2014 Companies Act, 2013 was notified after a long period on 29th August, 2013. The Companies Act inbounds the strength of business. The Companies are base of financial structur

Issues in Issue of Form F under CST law

Posted by Mahadev 22 December 2014 10152 Views

Issues in Form "F" in CST When a dealer is transferring goods to another state not as a result of sale but as stock transfer to any other place of his business ( branch, godown, warehouse etc.), then such transfer would not be liable for CST as per C

The Commissioner (Appeals) has no option to adjudicate maintainability of appeal

Posted by Bimal Jain 22 December 2014 2771 Views

Dear Professional Colleague,The Commissioner (Appeals) has no option to adjudicate maintainability of appeal when the Honble High Court dismissed the Writ Petition filed on the ground that alternate remedy is available We are sharing with you

Accouning Standards vis-a-vis IND vis-a-vis IFRS

Posted by CA. Atul Khurana 22 December 2014 20194 Views

OVERVIEW:What is Convergence of Accounting Standards?What is IFRS?Convergence of Indian accounting standards with IFRSRole of ICAI in IND ASRole of SEBI in IND ASRole of Industry AssociationsAdvantages and Challenges after implementing IND ASFor bett

Union Cabinet approves GST Constitution Amendment Bill

Posted by Bimal Jain 19 December 2014 16816 Views

Dear Professional Colleague, Union Cabinet approves GST Constitution Amendment Bill The Union Cabinet, on Wednesday, December 17, 2014 has approved the Constitutional Amendment Bill on Goods and Services Tax (GST), taking a step towards

Couple of keys for MS excel that will save you huge time

Posted by Ashutosh 22 December 2014 32836 Views

Everyday at work, we go through on various calculations and models prepared in MS Excel. Some of these are prepared by us, while many a times, they are prepared by someone else (say a colleague, client, banker, vendor or customer). In all of these si

Reverse charge & partial reverse charge mechanism in ST

Posted by CA. K S Chauhan 19 December 2014 19370 Views

Service Tax is levied under Section 66B of the Finance Act, 1994 as amended up to date. Section 68(1) confers liability to pay service tax on service provider but section 68(2), which has overriding effect over section 68(1), confers liability to pay

New Year Resolution: Have A 'Stop Doing' List

Posted by Nimish Goel 19 December 2014 25267 Views

The difference between successful people and very successful people is that very successful people say No to almost everything. (Warren Buffet)The new-year 2015 is approaching and as usual we all would start to write down