CAclubindia Articles

Extension of date for filing of Tran 2 and GSTR 6

Bimal Jain 31 March 2018 at 11:25

The Central Board of Excise and Customs (�The CBEC�) has extended the date of filing ISD Return in Form GSTR-6 and Transitional deemed credit Form G

Important Points for Job Work under GST

Udaya Chandran 30 March 2018 at 12:24

DefinitionJob work: Any treatment or process undertaken by a person on goods belonging to another registered personPrincipal: The registered person on whose goo..

10 practical tips to optimize physical verification

CA Vipin Garg 30 March 2018 at 12:22

Physical verification of inventory is an uphill task for retailers. Being a tedious task, it not only takes hours but is also a function with higher possibiliti..

Compliance of Job work under GST

DHARMESH BABUBHAI MISTRY 30 March 2018 at 12:22

As per Circular No. 38/12/2018 issued as on dated 26-03-2018 in that mention Procedures to be followed for sending goods for job work and the related compliance..

Independent audit regulator - NFRA

CS Peer mehboob 30 March 2018 at 12:21

Context:Union Cabinet has approved establishment of National Financial Reporting Authority (NFRA). It is a big step forward in regulating the financial audit of..

Confusions in GST on ITC in finance industry

CA Altamush Zafar 29 March 2018 at 15:26

Continuing our series Confusions in GST, this time we will be discussing about:Industry: Finance IndustryTopic: Input Tax CreditA brief description about what i..

A to Z of LLP

CA BHAGYASHREE JAIN 29 March 2018 at 15:26

IntroductionThe changing global scenario, globalisation of similar tax norms, Income Recognition Standards, led to evolvement of business structures in India. A..

CBEC clarifies Job Work procedures & compliances

Bimal Jain 29 March 2018 at 15:22

Happy Mahavir Jayanti !!May Lord Mahavir bless you abundantly and fill your life with the virtue of truth, non-violence and compassion.The Central Board of Exci..

Example on IND-AS 21: Conversion from Functional to Presentation Currency

CA Aman Agrawal 28 March 2018 at 10:42

Branch A of ABC Limited. Its functional currency is USD. However, Branch A is required by law to present its financial statements in INR as presentation currenc..

What makes a financial plan workable?

Ramalingam K 28 March 2018 at 10:42

Is financial planning a one-time activity?Once the financial plan is created, do you need to continue your relationship with your financial planner? Will the fi..