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ITC on Food/Drink related expenses

Posted by CA Roopa Nayak 23 December 2023 66977 Views

In this context in the article the paper writer has examined the eligibility to food/drink credit, more specifically ITC on canteen credit, the issues therein and important decisions.



Long Form Audit Report - LFAR

Posted by Anish Lakshman S 31 August 2010 66928 Views

Long Form Audit Report - LFAR Documents required to be kept in Audit file for Peer Review purpose 1. Cash Retention Limit duly certified by the Branch Manager; 2. A certificate from the Branch Manager stating that the excess cash holding is being re



Brief Note on Applicability of CARO 2016

Posted by CA Akhil Rastogi 28 February 2021 66925 Views

CARO 2016 has been issued in supersession of the Companies (Auditor’s Report) Order, 2015, and is applicable for reporting on financial statements of companies whose financial year commences on or after 1st April 2015.



Interest Rate Under GST Act 2017

Posted by Mohan Arya 30 June 2017 66914 Views

Interest Rate Under GST Act 2017



Understanding Place of Provision of Services

Posted by Madhukar N Hiregange 12 August 2013 66807 Views

Place of Provision of Services Rules 1. Introduction Under earlier method of taxation(positive list based) the services which was provided in India was taxable. Section 66A was introduced to tax services which



Why Indian Income Tax New Tax Regime is the Government's Favorite Child!

Posted by Abhishek Raja 24 April 2023 66767 Views

In this article, I will be discussing the new tax regime in India, comparing it with the old income tax regime, and explaining why the new regime is the government's favorite child.



Financial due diligence as a career

Posted by Anuj Rakheja 17 October 2018 66767 Views

This is my first article at CAclubIndia and I am thankful to the creators for such an enriching platform to share ideas.I would like to write about Financial du...



Accounting Standard Simplified Part-1

Posted by CA Pallav Singhania 02 January 2014 66757 Views

AS-1 Disclosure of Accounting Policies Significant Accounting Policies followed in preparation of accounts be disclosed at one place along with the financial statements. Any change and financial impact of such change should be disclosed. If



100 days, 8 subjects - Yes it is possible to crack your CA papers

Posted by nimeet 15 July 2017 66708 Views

100 days, 8 subjects - Yes it is possible to crack your CA papers



GST- Summary of the Model GST law

Posted by Shivani 05 July 2016 66690 Views

Provisions, rules & Schedules of Model GST law (190 pages) is summarised.




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