CAclubindia Articles

Reversal of Cenvat Credit if inputs/capital goods are partially or fully written off: Rule 3 (5B)

Posted by Manoj Pala 29 September 2012 78698 Views

Sub-rule (5B) of Rule 3 of the CCR provides that if the value of any: (i) input, or (ii) capital goods before being put to use, on which CENVAT credit is taken is written off fully or partially or where any provision to write off fully or partia

Audit under section 44AB

Posted by Aashish Ramchand 28 September 2012 78695 Views

I have discussed the various provisions with respect to section 44 AB below The following persons are liable to get their books of accounts audited compulsorily by a Chartered Accountant 1) A person carrying on business if the

Valuation of leave travel concession in India

Posted by Aashish Ramchand 04 October 2012 18748 Views

Valuation of leave travel concession in India [Sec. 10 (50)] - Leave travel assistance provided by an employer to an employee for going anywhere in India along with his family is exempt on the basis of provisions given in the table below. F

Gratuity and its allowable exemption limit

Posted by Aashish Ramchand 02 October 2012 229199 Views

In this article I have discussed the various provisions regarding gratuity and its taxation - Gratuity is a retirement benefit. It is generally payable at the time of cessation of employment and on the basis of duration of service. To discuss th

Leave Salary and its Taxation

Posted by Aashish Ramchand 09 April 2020 200672 Views

In this article I have explained the various provisions regarding the taxability of leave salary - What is leave salary? As per service rules, an employee gets different leaves. An employee has to earn leave in the first instance and onl

Tips to score Rank :)

Posted by *RENU SINGH * 28 September 2012 36386 Views

Self study v/s Coaching :- first decide whether you wanna opt forself study or coaching. If you think you are not good enough with practicals , or dont have a person to guide you or solve your problem ,then it

Life of a CA Student - Full of Challenges (PART - II)

Posted by SANYAM ARORA 27 September 2012 48640 Views

Greetings of the day to all the members of CCI Family. Friends this will be Part 2 of my Previous Article Life of A CA Student. In the last article, we have discussed about how tough is the life of a CA Student.

Choosing a Good Coaching Class

Posted by Madhukar N Hiregange 03 October 2012 14981 Views

The objective of any profession of having quality students coming out of the system is one of the important ones. The profession expects that

Section 295 of Companies Act, 1956

Posted by CA Dhiraj Ramchandani 27 September 2012 110501 Views

Introduction Section 295 of Company Law deals with the loan given to DIRECTORS of the company. It also covers the security or guarantee provided for the same. Let us see in each

Procedures for incorporation of Company

Posted by CMA Arif Farooqui 26 September 2012 30516 Views

The best way to start a business is to incorporate Private limited company because it has many advantages like limited liability of members and directors, separate legal entity, easy compliance, etc. A company can be formed with minimum 2 direct