CAclubindia Articles

MCA: ACTIVe Form status as on March 28, 2019

Posted by CS Jigar Shah 26 September 2019 9470 Views

It has been more than a month since the Ministry of Corporate Affairs issued Companies (Incorporation) Amendment Rules, 2019 mandating all the Companies that ar...

All about CIBIL

Posted by Komal 26 September 2019 5727 Views

CIBIL stands for Credit Information Bureau (India) Private Limited. It is India's first Credit Information Company. It maintains records of all credit-related activity of Individuals and Companies including Loans and Credit Cards.

All About Leave Encashment: Taxation & Calculation

Posted by Naresh Kansala 26 September 2019 16555 Views

1. The concept of Leave Encashment Every salaried employee per labor law is eligible to avail some Earned leaves during his/her working period

ICAI Protest : Right to rechecking of CA exam answer scripts - the complete story

Posted by Prerna Saraogi 26 September 2019 40392 Views

The provisions of ICAI Act, clause 39(4) states that a student has the right to verification of marks subject to totalling and marking error. It specifically re...

How to check scrutiny risk in Tax Audit Report ?

Posted by CA Umesh Sharma 26 September 2019 19552 Views

The taxpayer should take due care while filing Income Tax returns. Tax audit is applicable to taxpayers whose turnover exceeds Rs. 1 Crore and for sec 44AD/44ADA presumptive taxation it is Rs. 2 Crore. For professionals it's Rs. 50 Lakhs. Now, e-assessment is also in process by Income Tax Department, while filing ITR and Tax Audit Report.

Role of practicing unit in peer review

Posted by CA Amrita Chattopadhyay 25 September 2019 12431 Views

The Peer Review Board of ICAI was established in 2002, recognizing the need to ensure the quality of services provided by practicing Chartered Accountants.The t...

A Complete Understanding Of Input Tax Credit Under GST

Posted by CA Vivek chaudhary 25 September 2019 43942 Views

What is Input Tax Credit(ITC): ITC means deducting the tax paid on Inputs and Inputs Services from the tax payable on final output.

Startup India Registration - Steps to Register your Startup

Posted by CS Shubham Katyal 25 September 2019 7292 Views

What is a startup?A startup is a small business started with the objective to solve a problem. These are the companies which are generally operated by the found...

Why be CFO when a CA can be CEO?

Posted by Prajwal 25 September 2019 9563 Views

Hey guys!Just cleared CA and got your entire life figured out? Yay, great! You guys are among the elite few who got it all sorted, while the rest of us, sketchi...