CAclubindia Articles

TDS Rate on making Foreign Payment

Posted by CA. Amit Daga 25 June 2016 17095 Views

How to determine applicable TDS Rate on making Foreign Payment : TDS on foreign payments depends on two conditions. First, whether deductee provides a valid TRC or not? Second, whether deductee holds a valid PAN in India or not? Below is the matrix

What is true MIS?

Posted by Tulasi S Sastri 16 December 2014 17277 Views

MIS is understood as Management Information Systems by many. However, it is also misunderstood by many, when it comes to what its true meaning is. I have come to think on these lines after seeing varied types of reports in different organizations, be

Nobel Prize and other Indian Awards are Tax Free?

Posted by CA Umesh Sharma 15 December 2014 17564 Views

Karniti Part 67Nobel Prize and other Indian Awards are Tax Free?Arjuna (Fictional Character): Krishna, recently Indian resident Mr. Kailash Satyarthi received Nobel Peace Prize with Malala Yusufzai. This consists of a medal and approximately 6 crores

NFRA-Section 132 of Companies act 2013

Posted by CA ANKUSH AGGARWAL 15 December 2014 35788 Views

INTRODUCTION: The concept of having a body such as National Financial Reporting Authority is not new as such. The Institute of Chartered Accountants of India already has many of these powers. As per section 211(3C) of Companies act 1956, every balan

5 Must- Do Things before you hit the send button on that resume (CV) Email!

Posted by Ashutosh 15 December 2014 35308 Views

On this topic, you will find a lot of articles and mentoring services too. However, after having been in the industry for over a decade and watching it closely through the eyes of multiple stakeholders (i.e. Students, Senior Business Management, HR P

Online facility for response to outstanding IT demand

Posted by CA Chirag Chauhan 13 December 2014 21441 Views

Many a times there are Mis match between TDS shown in Form 16 / Form16A and actually deposited by Employer / Other party. However at the time of filing Income Tax Return the assessee claims full TDS as per TDS certificate received. Due to this at the

Impact of Budget changes for Rent a Cab

Posted by Member (Account Deleted) 13 December 2014 65180 Views

Impact of amendments on Rent-A-Cab Service (A REVERSE GEAR)Rent-A-Cab Service is not defined under Negative list regime. However as per the earlier definition it means any service provided or to be provided to any person, by a re

CBEC clarifies that ST department can also conduct ST audit along with CA or CMA

Posted by Bimal Jain 13 December 2014 14939 Views

Dear Professional Colleague, Service Tax Dept can also conduct Service Tax Audit along with CA or CMA CBEC clarifies Background: The Honble High Court of Delhi in the case of Travelite (India) Vs. Union of India & Ors. (W.P. (C) 37

Beat the market: Investors mistakes- Series 1

Posted by Indraneel Sen Gupta 13 December 2014 14154 Views

Investor behavior changes when the bull rally of the market begins. In my latest research I have found the various angles of the investor behavior which bring miseries and pains later on after plunging into the equity market syndrome of Beat the M

Procedure of resignation of director

Posted by CS Divesh Goyal 13 December 2014 17549 Views

Section 168, the Companies Act, 2013: Resignation of directors Corresponding sections of the Companies Act, 1956: None this is a newly introduced section. DIRECTORS RESIGNATION UNDER COMPANIES ACT, 2013:- 1. The Director intending to resign shall s