CAclubindia Articles

"Swachh Bharat Cess - Not so swachh"

CA Raman Singla 13 November 2015 at 14:48

The thrust of Modi Government towards clean India has made the government to impose Swachh Bharat Cess. With the objective of financing and promoting Swachh Bharat initiatives, enabling provisions were made in the Finance Bill� 2015 to empower

Financial instruments under IND AS

P.R. Sethuraman 13 November 2015 at 14:48

Accounting Standards on �Financial instruments� � ASs 30 and 31 respectively on Recognition and Measurement; and on Presentation remained recommendatory till date without being made effective for umpteen number of reasons, known and

How to File Income Tax Return of a Deceased?

Amit Bavishi 13 November 2015 at 10:48

Greeting to all of you!!! In this article, I will discuss the step by step process to file Income Tax Return (ITR) of a deceased. For better understanding I have uploaded Screenshots, however, I have strike through some portion of the image to keep t

Understanding managerial personnel & key managerial personnel

Amitav Ganguly 13 November 2015 at 10:48

UNDERSTANDING MANAGERIAL PERSONNEL & KEY MANAGERIAL PERSONNELUNDER COMPANIES ACT 2013MEANING OF MANAGERIAL PERSONNEL/PERSONThe term �managerial personnel or managerial person� used interchangeably in the law, has not been defined per

3 Steps to Control Risk in Your Investment Portfolio

Ramalingam K 13 November 2015 at 10:48

Any investor would agree that ignorance and lack of awareness in the investment field can prove to be expensive. In the world of finance and investment, risk management is very closely related, rather necessary for measuring performance. Understandin

Registration Process under GST

Madhukar N Hiregange 13 November 2015 at 10:48

A. Prelude:The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between the tax department and tax payers and one of the impo

Circular on Speedy Refunds under Service tax - No 187/6/2015 dated 10/11/2015

cashekar 13 November 2015 at 10:48

Yes. What you heard is correct!! In the endeavour of making India a better place for doing business, CBEC seems to have finally taken up its initiative. CBEC vide circular no 187/6/2015 � Service Tax dated 10/11/2015 has come with a scheme for

Are we using the right word?

shivaji prasad bhimavarapu 13 November 2015 at 10:47

The English language has so many peculiarities that make it so spe

Glance on Local Body Tax (LBT)

Navratan Swami 13 November 2015 at 10:47

Local Body Tax (LBT) under Maharashtra Municipal Corporation Act (LIX of 1949)Chargeability of LBT:Corporation may impose LTB on the entry of goods (purchases) into the limits of the city for consumption, use or sale therein in lieu of octroi or cess

Issue of Bonus Shares

CS AYUSH SUHIRID 13 November 2015 at 10:47

ISSUE OF BONUS SHARESBONUS SHARES:Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns.Bonus share is a boom-keeping transaction, it capitalizes a pa