CAclubindia Articles
The Great Expectations
The launching of all programs depends first and foremost on the resources of the treasury. (Arthashastra, Kautilya) Therefore for a robust economy, a progressive budget is an imperative. The count down for the budget has be
Budget 2014: Numbers that will matter the most
10th July, 2014 is the day Finance Minister Arun Jaitley will present maiden budget of Modi government. Emphatic election win on the backdrop of massive campaign which promised moon to the citizens means the hopes from new government is very high. Bu
Budget wows: Why one who pays tax only suffers?
Karniti Part-44: Why one who pays tax only suffers? Arjuna (Fictional Character): Krishna, currently everywhere discussions are going on about the upcoming Budget. But Krishna, most of the taxpayers feel that the tax burden should be minimize
Open letter to Prime Minister
Respected Prime Minister Sri Narendra Modi Ji, Im a mediocre salaried class always dream to own the things which I aspire or looks around.In the new age mass communica
5 advantages of using cloud accounting software
Any business can be managed efficiently by using business automation software. There are 2 types of software which a business owner can utilize namely Desktop software and Online software (Cloud software). Traditionally Indian companies have been use
No time limit for SAD Refund
SONY INDIA PVT LTDVS.THE COMMISIONER OF CUSTOM, NEW DELHI(In the High Court of DELHI) SAD Refund: Limitation Period is not applicable. Statutory provisions: According to Notification No: 102/2007-Customs, a trader is allowed refund of SAD (i
Issue of securities by private companies under Companies Act
ISSUE OF SHARES BY PRIVATE LIMITED COMPANIES As per section 23 of the Companies Act, 2013 (the Act) a private company may issue securities- by way of rights issue or bonus issue or through private placement In case of private company ei
CAs as Successful Entrepreneurs
A chartered Accountant has always been considered as an integral part of business. He participates in almost all functional areas of a business i.e. advice on maintaining books of accounts, ascertaining costs of production at different levels of oper
A Welcome step by CCT to resolve the ITC Problem under Raj Vat
Recently CCT Rajasthan has issued a Circular No. F.26(197)ACCT/MEA/2013 dt. 09.06.14 to resolve problems of ITC mismatch under Rajasthan VAT Act 2003. First of all I appreciate the CCT tha
Depreciation Rules under new Companies Act 2013
The entire concept of charging depreciation to fixed assets has been evolved as per the new act. Schedule XIV of the old Act specified minimum rates of depreciation to be provided by a company. Unlike that, Schedule II to the 2013 Act requires syste
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