CAclubindia Articles

Role of Auditor in the New Companies Act

Posted by Varun kumar 08 January 2014 49013 Views

As per the Company 2013, the auditor's responsibility has been enhanced to a great extent and the manner of appointing him has also been changed, when compared to companies Act, 1956. We here discuss briefly abou

Acceptance of Deposits under New Companies Act, 2013

Posted by RAJIB MOHANTY 06 January 2014 286763 Views

The Companies Act, 2013 (2013 Act) was assented by the President of India on 29 August 2013 and published in the Official Gazette on 30 August 2013. The New Act is expected to facilita

Inflation Indexed Bonds, DA for Investors

Posted by M B Abhyankar 06 January 2014 17354 Views

Inflation Bonds, Dearness Allowance (DA) for InvestorsGood beginning but lot more needs to be done Middle class who had been battling inflation for last so many years has been offered a chance to hope for a stream of some secured real income by way o

Karniti Part-18: Beware of Stamp duty value of Immovable property

Posted by CA Umesh Sharma 06 January 2014 41423 Views

Beware, Adhere to Stamp duty valuation of Immovable property under Income tax. Arjuna (fictional character): Krishna, It is astonishing that on 1st January Government instead of giving gift of New Year to the taxpayers, it increased Stamp Duty Value

How to pass Cenvat credit on Imported goods by Importer

Posted by Bimal Jain 06 January 2014 60002 Views

Dear Professional Colleague,Amendments in the Cenvat Credit Rules, 2004 and the Central Excise Rules, 2002The Finance Minister had constituted a Forum under the Chairmanship of Dr. Parthasarathy Shome and the Forum had received certain difficulties f

Citizen's Charter is incomplete without Business Services

Posted by CA Anil Garg 06 January 2014 16005 Views

It is heartening to listen to Mr. Kejriwals speech in Delhi Assembly during vote of confidence. He has rightly mentioned that Citizens Charter is an integral part of anti-corruption measures. A government official is likely to stop doin

How to Choose CA Firm for Articleship - 10 Key Decisors

Posted by CA Ankit Gulgulia (Jain) 03 January 2014 65734 Views

Heroes are made by the paths they choose, not the powers they are graced with. Brodi Ashton, EverneathIf you choose to not deal with an issue, then you give up your right of control over the issue and it will select the path

Mandatory Pan Under The Income-tax Act

Posted by CA Pallav Singhania 03 January 2014 39025 Views

A Permanent Account Number (PAN) is one of the most important documents in the country today. It is an identification number which the Income Tax Department gives to all taxpayers. You need to quote the PAN for all financial transactions like opening

How to take maximum tax advantage of House Rent Allowance (HRA)?

Posted by Deepak Nagori 03 January 2014 77613 Views

Maximum Tax Advantage of House Rent Allowance (HRA)House Rent Allowance (HRA) is provided by an employer to his employee to meet the rental cost of the residential house of the employee.

All About TDS Saving Forms 15G & 15H

Posted by Palak Aggarwal 02 January 2014 160453 Views

Form 15G and Form 15H are self declaration forms required to be furnished by the Assessee to his banker to avoid the tax deducted at source (TDS) on his/her investments.As per Section 194A of the Income Tax Act, 1961, all banks and financial institut