CAclubindia Articles

How do we develop Organizational Policies and Procedures?

Tulasi S Sastri 28 March 2016 at 11:40

Companies Act 2013, referring to the Directors' Responsibility Statement, explains Internal Financial Controls (IFCs) as the policies and procedures adopted by the company for ensuring the orderly and efficient conduct of its business, in

Mystery of Indian CAs abroad demystified

Prashant Rajput 26 March 2016 at 12:12

I wanted to write an article on this about a fortnight ago when Miss Manju's query in experts section went unanswered. Today Mr.Ankit too has asked about how to bag a job abroad. So I have decided to enlighten you folks with whatever I could. Yes,yo

The on demand era

Pallavi Behani 26 March 2016 at 12:12

In the year 2004, ebay had commenced operations in India by acquiring Bazee.com which was followed by the entry of Flipkart and Myntra in 2007. Since then people have been purchasing products online and the steroid to this business was the 'Cash

Service Tax RCM on works contract

Pankaj Gandhi Jaiswal 26 March 2016 at 12:11

Date : 19.03.2016M/s. ABC LLP ( Service Provider )M/s. XYZ Limited ( Service Recipient ) Ref: Service Tax on Works Contract and RCM Opinion Before giving opinion on the issues it will be useful to refer the questions related with this transaction. A

Relevant date for export of service

SHILPA GUPTA 26 March 2016 at 12:11

What is relevant date for claiming refund for export of service??A 100% exporter of service is generally unable to utilise the CENVAT Credit balance of inputs, input service and capital goods lying in his books and accordingly claims refund as per Ru

Validity of form 9 & rule 4 of Central Sales Tax (Delhi) Rules, 2005

Devinder Jain 26 March 2016 at 12:11

Rule 4 of Central Sales Tax (Delhi ) Rules, 2005 reads as hereunder:Reconciliation Return (1) In addition to the returns required under rule 3, every dealer shall also furnish t

Analysis of amendments in service tax by finance bill 2016

PUNEET GOYAL 26 March 2016 at 12:11

Important Note 1. This analysis covers amendments made by Finance Bill 2016 in Finance Act, 1994 only. 2. Amendments made in STR, CCR, POT Rules and in various notifications are not covered under this analysis

Professional Opportunity - Central Excise - Jewellery

Madhukar N Hiregange 26 March 2016 at 12:11

The new assessee engaged in manufacture of jewellery may find it difficult to cope with compliance requirements under Central Excise law. The liability starts from 1st March 2016 though some procedural relaxations provided to the Jewellery segment.T

Guidelines/Audit Programe for Bank Audits

Anmol 24 March 2016 at 18:34

Audit Program for Concurrent Audit Deposits/Accounting Opening/KYC All the documents required for opening of account as mention in account opening form(AOFs) should be obtained from the party and updated in the system

Combine Technology-Based Auditing Tools with BI Tools to Achieve Swift, Accurate Results

Arbuda Dave 24 March 2016 at 18:33

Whether internal or external, professional auditors have a profound responsibility to, and impact on, an organization. Auditing is required in every organization to ensure industry and governmental compliance and to assure management that policies an