CAclubindia Articles


My Tips & Tricks for Accounts

  CA Madhukiran Reddy    02 March 2011 at 11:35

MY TIPS AND TRICKS FOR THE ACCOUNTSWell Friends, All of we know that ACCOUNTS plays a major role in CA exams mostly in IPCC, Out of 700 marks 200 marks is from Accounts and another 100 marks is from Cost Accounts. There is Only 2 months time



Amendment in Service Tax under Union Budget 2011

  CA.AMIT SHARMA    02 March 2011 at 11:34

A. Introduction of new taxable services under the tax net (to be applicable from the date of notification after passage of Finance Bill 2011)a. Services by air-conditioned restaurants having license to serve liquor with a 70% abatement on this



Changing Momentum Of GST - Still More To Do

  Nagesh Bajaj    01 March 2011 at 22:51

When nothing is going right in the successful implementation of Goods and Services Tax (GST), suddenly a momentum changes in favour of those who are favouring the rolling out of the GST. The finance ministry is planning to table a Constitutional A



Change in Service Tax Refund Scheme

  Pradeep Jain    01 March 2011 at 22:50

Change in Service Tax Refund Scheme Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The scheme of refund of service tax paid on specified services which were utilised for export of goods was given effect in 2007 vide Notification



Changes proposed for introducing Goods and Service Tax (GST)

  Pradeep Jain    01 March 2011 at 22:50

Changes proposed for introducing Goods and Service Tax (GST) Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The introduction of Goods and Service Tax (GST) at both Central as well as State level is the dream of the Government de



Central Excise Duty Assessment on Ready Made Garments

  Rajesh Kumar    01 March 2011 at 22:50

Excise duty at the rate of 10% shall now apply to ready-made garments and made-up articles of textiles falling under Chapters 61, 62 and 63 (heading nos.63.01 to 63.08) of the Central Excise Tariff except those falling under heading nos.63.09 and



CLB: Procedure before CLB under section 397/398?

  Durga Rao    01 March 2011 at 22:49

There was a specific objective behind section 397/398 of the Companies Act, 1956 and a great responsibility is cast upon the Company Law Board to protect the interests of the minority shareholders, to put an end to the matters complained of and to



Impact of Introduction of IFRS on Indian Businesses.

  anurag    01 March 2011 at 22:48

India has committed itself at the G-20 to make its companies, IFRS compliant from April 1st, 2011. Though India has not adopted the IFRS in full but it converged its Accounting Standards (AS) to get those in line with the international reporting s



Cental Government grants general exemption u/s 212 & 211

  Aditi Jhunjhunwala    01 March 2011 at 22:47

Notification no. 2/2011 dated 8th February, 2011 issued by the Ministry of Corporate Affairs has granted general exemption to companies from sec 212 and sec 211 The general exemption comes at quite a handy time as the financial year is coming to a



Two Exemption Notifications: litigation inbuilt

  Pradeep Jain    01 March 2011 at 22:46

Two exemption Notifications: litigation inbuilt Prepared By: - CA. Pradeep Jain CA. Preeti Parihar Introduction: - The honble Finance Minister of India has introduced the Finance Bill, 2011 on 25.2.2011. This bill has withdrawn a no. of exe