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CAclubindia Articles


Cenvat For automobile Dealers

Posted by CA Ankit Bhutoria 13 October 2012 21439 Views

Brief Introduction Generally Automobile Dealers are engaged in three main activities i.e. Selling of Vehicles, Selling of Spare parts of vehicle, and working as an Authorized Service Station on behalf of the principal. In the course of selling



Interpretation of Statutes

Posted by *RENU SINGH * 12 October 2012 112252 Views

Statutes mean an act passed by legislative body. So interpretation means explanation of the same. Interpretation of statutes is needed when language of law is not clear or has ambiguous meaning. These interpretations are



Time-Time ki Baat Hai - Part II

Posted by Prof. Bajaj 12 October 2012 15480 Views

Hey Niraj, am back to seek your help again said Uncle Shrikant to his nephew Niraj Desai. Completely my pleasure uncle, please tell me, how can I be of help to you. Said Niraj Shrikant: As you know, my younger son, Aaka



Accounts Payable Process

Posted by Ki$hor B 12 October 2012 67890 Views

I was puzzled when my colleague, a new joiner, came up and said I find the Accounts Payable process a double dutch, payments made by cheque should be easy peasy (lemon squeezy). I peeped into his educational background and found him



Importance of study plan

Posted by Prakruthi .S 12 October 2012 49858 Views

WATCHWORDS: Practice, Patience, Perseverance; Plan your work and work your plan; There is no substitute for hard-work and discipline. Most of the ti



Acounting for Cenvat

Posted by Venkatanarayana GM 12 October 2012 22527 Views

Introduction: Accounting under service tax is one of the important aspects for the assesses in the organization . In this article we would like to highlight some important basic accounting entries with regard to service tax. So that, the organi



Treatment of Proposed Dividend under Revised Schedule VI

Posted by MOHAMMAD SALIM 12 October 2012 156347 Views

A) INTRODUCTION Revised Schedule-VI has been promulgated by Ministry of Corporate Affairs, Government of India vide Notification No S.O. 447(E) dated 28th February,2011. In said notification reference has been made to the Accounting Standards noti



Education System

Posted by jhony 12 October 2012 14666 Views

Education is a vital thing for every individual. India is the land where educationists like Swami Vivekananda was bornbut why people today are facing problems in getting quality jobs, maintaining quality living and always searching for bette



Taxation Entries

Posted by Member (Account Deleted) 11 October 2012 121166 Views

The actual taxation entries are most important things as they clears the Balance sheet picture and gives real result. Before going to understand the taxation entries, we should clear the various heads relating to Income Tax. [1] Provision for In



The Banking Regulation Act 1949

Posted by *RENU SINGH * 10 October 2012 46447 Views

Introduction The banking regulation act 1949 extends to whole of India. Other acts are used as auxilliary to this act e.g. Companies Act 1956( defining company) , negotiable instrument act defining public holiday).




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