CAclubindia Articles

The Great Expectations

Posted by Anjani Kumar Sharma 08 July 2014 15823 Views

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

Posted by Satvir Singh 08 July 2014 14824 Views

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?

Posted by CA Umesh Sharma 08 July 2014 9419 Views

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

Posted by SANJAY KUMAR DEY 08 July 2014 11238 Views

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

Posted by guru 08 July 2014 11929 Views

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

Posted by Sandeep garg 08 July 2014 32172 Views

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

Posted by Shashikant Sharma 08 July 2014 162030 Views

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

Posted by Hetvi Sheth 07 July 2014 23574 Views

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

Posted by PAWAN KUMAR KEDIA 07 July 2014 25227 Views

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

Posted by AASHISH SACHDEV 07 July 2014 348620 Views

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