CAclubindia Articles

Key changes in new ITR Forms for F.Y. 2015-2016

Amit Dharmani 24 June 2015 at 11:02

Scrutiny of refurbished return forms for Assessment year 2015-16 I. Introduction to New Rule 12The Rule 12 of the Income-tax Rules was amended vide Notification No. 41/2015, Dated 15-04-2015. The new ITR Forms 1,

FAQs while calculating depreciation as per Co. Act, 2013

NAVIN AGICHA 23 June 2015 at 10:42

INTRODUCTION Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the c

Work contract tax in Rajasthan

CA RITUL PATWA 23 June 2015 at 10:42

The government of Rajasthan has made radical changes in the Works Contract Tax Liability for contracts awarded in Rajasthan for the F. Y. 2015-16. This includes WCT liability on the Contractor as well as TDS deduction liability on the awarder of the

Audit under banking environment

CA. Atul Khurana 23 June 2015 at 10:42

Banking sector: The IT saga in Indian banking commenced from the mid-eighties of the twentieth century when the RESERVE BANK took itself the task of promoting automation in banking to i

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