CAclubindia Articles

Five rare benefits of filing regular 'Income Tax Returns'

Posted by F.S Dhiman 12 December 2014 26019 Views

What is the benefit of filing income tax return? this is the first question when a client ram into t

NAS: Share your files and media wirelessly in your office!

Posted by Harsha GP 12 December 2014 13921 Views

You might've heard Network Attached Storage (NAS) term on the internet many times and wondered what it really means. Many of you who have moderate technical knowhow knows about NAS and how to set it up or just know about it, but a lot of non-tech

Unless otherwise provided in the Articles

Posted by Varad Khambete 12 December 2014 18601 Views

List of sections under the Companies Act, 2013 where the liberty is given to the Company to add the given provisions in its Articles.In the Companies Act, 2013, at several places one will find wording like Unless the articles of the company ot

CBEC's race with service tax audits

Posted by Sumit Grover 11 December 2014 18410 Views

Less than a week ago, CBEC had empowered CAs & CMAs(nominated u/s 72A) to conduct service tax audits on behalf of service tax department, by setting aside the verdict pronounced by Hon'ble Delhi High Court in case of CAG Travelite (India) Vs.

Principal Manufacturer is entitled to avail Cenvat credit

Posted by Bimal Jain 11 December 2014 8069 Views

Dear Professional Colleague,Principal Manufacturer is entitled to avail Cenvat credit of duty paid by job worker on intermediate goods, who choose to pay duty instead of availing exemptionWe are sharing with you an important judgement of the Hon&rsqu

Where to invest when you don't know how to invest

Posted by yashika jain 11 December 2014 12449 Views

Let me start this way, not all of us are good in understanding the market and some of us who understand a bit are usually for the field of finance. But what about the rest of us who does tried hard a

Phir bhi dil hai Hindustani - CSR is it an Entry in Accounts or into Heart

Posted by Sundharesan Jayamoorthi 09 December 2014 20201 Views

PhirbhidilhaiHindustaniCSRisitanEntryinAccountsorintoHeartsArticlebyjsundharesan,boardmentor&complianceguru1Corporate Social Responsibility (CSR) is contributing a portion of the profits of acompany for a cause, after April 1, 2014 it seem

Are You Ready For Your First Job

Posted by Nimish Goel 09 December 2014 23914 Views

As I write this article, its almost two weeks that the CA Final exams are over and those of you who have studied hard are almost on the verge of becoming a Chartered Accountant, one of the most coveted and highly respected degree in India. For

Can SEZ unit claim exemption from CVD when cleared to DTA?

Posted by CS Aditya Singhania 09 December 2014 15238 Views

Can SEZ unit claim exemption from CVD when cleared to DTA based on an Exemption Notification issued under Section 5A of CEA’1944 although when there is specific bar under Section 5A for SEZ units? Petitioner is a manufacturer of excisable goods

How can good record keeping systems help in productivity gains?

Posted by Tulasi S Sastri 09 December 2014 13377 Views

After completing one of our recent Internal Audit assignments, when we analyzed the time taken, Waiting for Documents topped the list! Clients Record Keeping System was such that no payable voucher could be readily picked up. One