CAclubindia Articles

Amendment in section 35E - Achhe din for Revenue

Posted by Pradeep Jain 25 July 2014 8918 Views

Introduction:- Dispute was going on the issue whether the first Appellate Authority or Tribunal can condone delay for late filing of review order under Section 35E(1) or not? As per Section 35E the Committee of Chief Commissioners is empowered to rev

Punitive Provisions relating to Statutory Auditors Under Companies Act, 2013

Posted by CS DHANAPAL 25 July 2014 17661 Views

Companies Act, 2013 seems to have laid lot of emphasis on audit which is evident from the fact that it has prescribed four different kinds of audits for companies, namely, Financial Audit, Internal Audit, Secretarial Audit and Cost Audit. In its purs

Procedure for Appointment of Cost Auditor: 2014-15 onward

Posted by CMA Navneet Kr Jain 25 July 2014 88701 Views

The enactment of new Companies Act 2013 has brought far reaching changes. On the one hand it has tried to fi

Exam oriented Suggestions and tips for Nov 14 Exam

Posted by Ankur Garg 25 July 2014 95347 Views

Dear Students, Id like to share some of the very basic suggestions connected with Exam preparation. As suggested by the title of this write-up these suggestions are very general in nature and very easy to implement and you may use them for any

Service Tax on Education - Scope enhanced, confusion reduced

Posted by MONISH BHALLA 25 July 2014 12619 Views

The ambiguous drafting of a legal provision defeats the purpose of a law. It is the job of the law makers to address the concerns of people at large and remove air of uncertainty over its interpretations. The Finance Minister, in his maiden budget sp

If I were the Finance Minister of India

Posted by CA Anil Garg 25 July 2014 17055 Views

People of India were hugely disappointed with lackluster performance of Man Mohan Singh. Narendra Modi rode to power with absolute majority for the sole reason that promises were made by him and on his behalf that he will fix the economy and deliver

To cut a long story short - excise duty not leviable on subsidy given to Fertilizers

Posted by Pradeep Jain 24 July 2014 5850 Views

Introduction:- Providing the food grains at affordable prices to the public at large is the key policy of any government. Effective production of food grains is not possible without the fertilizers. A fertilizer is a chemical or natural substance add

Key Managerial Personnel under Companies Act, 2013

Posted by CS DHANAPAL 24 July 2014 76529 Views

Companies Act, 2013 (Act) has introduced many new concepts and Key Managerial Personnel is one of them. While the Companies Act, 1956 recognised only Managing Director, Whole Time Director and Manager as the Managerial Personnel, the Companies Act, 2

Useful Corporate Board Resolutions under Companies Act, 2013

Posted by Ankur Garg 24 July 2014 446300 Views

Dear Professional Colleagues, Please find below a useful corporate article containing some useful sample board resolutions required under Companies Act, 2013, dedicated to professional fraternity looking after corporate affairs of their Company/Firms

Section 80C deduction as per Income Tax Act

Posted by Sandeep Dharar 24 July 2014 65872 Views

There are different confusions regarding the deduction u/s 80C of the Income Tax Act for certain investments. So to remove the confusions and rumors regarding the section. I am presenting a disclosure regarding the section in details.Note:- Ple