CAclubindia Articles
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
How to Prepare for Theory Subjects - Professional Exams
Time may change, technology may change, methodology of teaching and training and many other aspects of CA curriculum may change but as far as human brain is concerned, it follows some basic fundamental principles fo
Stay of Demand Certain issues under RVAT Act 2003
Brief: Whenever the assessing authorities creates a huge demand against any dealer, the dealer if aggrieved from the order of the assessing authorities prefer an appeal before the Dy. Commissioner Appe
Highlights of Companies (Cost Records and Audit) Rules 2014
Highlights of Companies (Cost records and audit) Rules 2014Introduction: Ministry of Corporate Affairs has notified the Companies (Cost records and audit) Rules 2014 under section 148 & 469 Companies Act 2013 on 30th June 2014. These rules have l
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