CAclubindia Articles

Tax audit under income tax and cost audit: Correlation & new amendments

Posted by CMA Navneet Kr Jain 16 August 2014 31610 Views

Ensure the review of Cost Audit Reports (CAR) for the year 2013-14 before filing of Tax Audit ReportsCMA Navneet Kumar Jain Any organization has to undergo many audits like

Shifting of registered office from one ROC to another ROC within the same state

Posted by Ankur Garg 16 August 2014 106108 Views

Procedure for Shifting of Registered Office from the Jurisdiction of One ROC to another ROC within the same State Dear All, In my previous 2 articles of this series titled Procedure for change in Registered Office we had discussed abou

Money Laundering in India

Posted by Ayyswariya RG 16 August 2014 28220 Views

Hi all, Let us start from definition of Money laundering defined under Prevention of Money Laundering act, 2002 & with some insights about its impact on economy. Definition of Money Laundering:- Money laundering involves disguising financial asse

CLSS, 2014 - One time pending annual filing opportunity for Corporates

Posted by CS DHANAPAL 16 August 2014 54183 Views

COMPANY LAW SETTLEMENT SCHEME One time opportunity for companies to seek relaxation on filing fees for pending annual filing forms The Ministry of Corporate Affairs has announced the Company Law Settlement Scheme, 2014 (CLSS, 2014) vide its General C

A Birds eye view of Advance tax provisions embedded under Income-tax Act, 1961

Posted by Pooja jain 16 August 2014 44021 Views

What is advance tax? U/S 208 Advance tax shall be payable during a financial year in every case where the amount of such tax payable by the assessee during that year, as computed in accordance with the provisions. Who is liable to pay advance tax? &

Procedure & requirement of appointment of MD for private limited company

Posted by CS Divesh Goyal 16 August 2014 18905 Views

Appointment of Managing Director, Whole- Time Director OR Manager (Section: 196): This Section is applicable on Both Private as well as Public companies. Only this section of Chapter-XIII applicable on Private Companies. At the time of practical wor

The lament assessee asks "Kya yehi hai ache din?"

Posted by Pradeep Jain 16 August 2014 6306 Views

The most awaited 2014-2015 Finance Budget was presented by Hon’ble Finance Minister, Arun Jaitley on 10th of July 2014. The sugar-coated budget did not aim at bringing any major change due to the reason that there was short time span but still

Important Company Law Procedures at one place - Part 1

Posted by Ankur Garg 16 August 2014 18368 Views

Important Company Law Procedures at one place - Part 1 Dear Professional Colleague In last few days I have written and uploaded different corporate law procedures under Companies Act, 2013 for my fellow professionals. In this article you may find som

A Dream worth taking chances

Posted by Shikha 16 August 2014 20235 Views

It was the happiest day for many, and for the majority it was the gloomiest day of their life. This is in context of the most awaited results of Chartered Accountancy which was published yesterday. This is a professional course for 5 years and three

Indirect Tax Impact - Tax Audit - AY 14-15

Posted by Madhukar N Hiregange 16 August 2014 56168 Views

Tax Audit Under IT Act. for AY 14-15 Indirect Tax ComplianceCA Madhukar N Hiregange & CA Roopa Nayak The tax audit under Income Tax has undergone a change. There are already a number of compliances which professionals felt was asking for