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CAclubindia Articles


Private Placement of Shares

Posted by CS AYUSH SUHIRID 03 December 2015 17167 Views

PRIVATE PLACEMENT OF SHARESWhat is Private Placement:Private Placement means any offer of securities or invitation to subscribe to securities to a select group of persons by a Company (other than by way of public offer) through issue of a private pla



Appointment of auditor in case of casual vacancy

Posted by CS Divesh Goyal 03 December 2015 218507 Views

REASONS FOR CASUAL VACANCY:There are two reasons of Casual Vacancy of Auditor: Casual Vacancy due to reason other than Resignation of Auditor. Casual Vacancy because of Resignation of Auditor Sectio



Admissibility of Swachh Bharat Cess as Cenvat Credit

Posted by VIKAS KHANDELWAL 03 December 2015 164493 Views

CBEC released a FAQ on 14.11.2015 which clarified that Swachh Bharat Cess (SBC) shall not be available as CENVAT Credit and liability of same cannot be discharged by utilizing CENVAT Credit. Q.14 of FAQ dealing with the issue is reproduced as under:



How do we clean up Vendor Master?

Posted by Tulasi S Sastri 03 December 2015 5353 Views

People who are familiar with ERP or Integrated Applications, experience this problem. In medium and large organizations, where such computerized systems are in use, general tendency is to add Vendors in the Master, and leave them there even if they a



Procedure for Delisting of Small Company

Posted by CS Manohar Mishra 03 December 2015 13638 Views

Procedure for Delisting of Small CompaniesMeaning of Delisting: One should understand the meaning of the term �listing� before understating the term Delisting. The word �listing� means admissions of a Company�s shares wi



How key sectors will be affected with GST rollout?

Posted by CA Neha Gupta 03 December 2015 16471 Views

Will food products become dearer? Will Land and Real estate be kept under GST? Will Service providers be happy with GST? How Manufacturers would be affected? What�s going to be in case of Wo



The Odisha Value Added Tax (Amendment) Act, 2015

Posted by CA.TARUN K AGARWALLA 03 December 2015 11928 Views

The Government of Odisha Vide its notification no 9848-I-Legis 5/2015-L dated 24th September 2015 has notified �THE ODISHA VALUE ADDED TAX (AMENDMENT) ACT, 2015, (Odisha Act 7 of 2015), an act to further amend �THE ODISHA VALU



Should India Be A Cash-Less Economy - An Analysis

Posted by CS Rahul Harsh 02 December 2015 15044 Views

The finance minister, in his last budget speech, talked about the idea of making India a cashless society, with the aim of curbing the flow of black money. In this Article we will discuss what exactly is a cashless economy? & How can we Achieve



Refunds w.r.t service exports under GST

Posted by Madhukar N Hiregange 02 December 2015 9249 Views

By CA Madhukar N Hiregange & Adv.K.S.Naveen Kumar Prelude: Export refunds are often a subject matter of dispute and bone of contention between the exporter and the tax department in the context of indirect taxes in India. While the policy of th



Corporate Identity Number (CIN)

Posted by Praveen Goyal 01 December 2015 42386 Views

The Corporate Identity Number also known as company registration number i.e the unique identification number of company, issued by Registrar of Companies. By looking at the CIN number itself, anyone can identify many details of the company i.e its ty




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