CAclubindia Articles

Your income tax account online so difficulties offline

CA Umesh Sharma 23 June 2015 at 10:41

Karneeti Part 103Your Income Tax Account Online so difficulties Offline Arjuna (Fictional Character): Krishna, nowadays income tax department is sending email named Online Taxpayer Service to all taxpayer, what is it? Krishna (Fictional Character):

Board's Performance Evaluation

Sundharesan Jayamoorthi 22 June 2015 at 10:41

Boards need to understand each other in terms of values, beliefs, and purpose. This session is "Evaluating Board Performance,� a formal evaluation of the Board and individual directors are one potentially effective way to respond to the de

Manage your wealth

dinesh 22 June 2015 at 10:41

Managing your wealth is as important as acquiring it. Remember without proper management your wealth will never be as you wanted it to be.Wealth management involves following:  Investment planning  Insuring against the risks 

Clause wise discussion of form 3CD- Part 1

CA Mayank Khatri 22 June 2015 at 10:41

Clause 1- Name of the assessee Under clause (1) the name of the assessee whose accounts are beingaudited under section 44AB should be given. However, if the tax audit is inrespect of a branch, name of such branch should be mentioned along withthe nam

Applicability of Rule 6 of CCR for interest income

CA.Nagabhushan 22 June 2015 at 10:41

After the introduction of Negative list of services from 01-07-2012 there are many issues arising with respect to Cenvat Credit availment, utilization and also appl

FAQ on New Companies Act, 2013- Auditor's Restricted Services

CA Sripriya K 22 June 2015 at 10:41

Our firm also renders accounting services for a client for the year 2014-15. Can we be the auditor for the year 2014-15.According to Sec. 144 an auditor appointed under this Act is bound by the Board of directors or the Audit committee to provide o

Taxation of share of AOP in the hands of companies

CA Santosh Dhumal 22 June 2015 at 10:40

Membership of AOP/ BOI. Section 67Aof Income Tax act 1961 deals with method of computing members share in income of AOP / BOI. As per the Sec67(A). (1) In computing the total income of an assessee who is a member of an association of persons or a bo

An opportunity to file six year ITR to claim TDS

Salil Arora 22 June 2015 at 10:40

An Assessee Can only file return for last 2 years and claim refund if any due and not beyond that. In case he missed to file return within prescribed timeline he has no choice other than to forget his refund claim.Income Tax Department in Latest circ

XBRL becoming all pervasive!

CA SONIYA AGARWAL 22 June 2015 at 10:39

XBRL is an electronic format for communication of business and financial data which is revolutionizing business reporting around the world. The standardization in-built in the XBRL documents provides significant benefits in the preparation, analysis

FM forms 2 Committees for facilitating implementation of GST from April 1, 2016

Bimal Jain 19 June 2015 at 10:37

Dear Professional Colleague,FinMin forms 2 Committees for facilitating implementation of GST from April 1, 2016Bracing to roll out the new Indirect tax regime � Goods and Services Tax (�GST�) from April 1, 2016, the Central Governme