CAclubindia Articles

Indispensable components in the salary

Ravi Dasija 23 July 2015 at 10:17

Income Tax!! Not only is it a major expense but also an unavoidable one for each person to bear. And if you draw a salary, your tax expense is probably the highest.Imagine, yo

Journey to Success

Himanshu Modi 23 July 2015 at 10:17

Success the word itself speaks its story. Everybody wants to taste its deliciousness. But we all know that this single word has lots of difficulties and the level of struggle that exists in its journey. It is well said by someone- "Don't read success

Financial Literacy

Harshika 23 July 2015 at 10:16

Since childhood we are taught to work hard, secure good results, excel in studies and then enrich our CVs with these degrees to secure a good job. We get into the rat race and start rushing behind money. We work harder and harder and earn more and mo

Loan to Director (185)

CS Divesh Goyal 23 July 2015 at 10:16

As per Section 185: No Company ( Private & Public)� Directly or Indirectrly� Advance any loan, including book debt,� to any of its directors or to any **other person in whom the director is interested� Any guarantee or

Secretarial Standards - An overview

CS Suhita Mukhopadhyay 22 July 2015 at 10:52

The Ministry of Corporate Affair (MCA) has approved vide circular Dated 10th April, 2015, Secretarial Standards (SS) on Board and General Meetings which was been notified in official Gazette on 23rd April, 2015. Secretarial standards are applicable

Use of digital signature and maintenance of records in electronic form

Deepak 22 July 2015 at 10:51

The Article given below may help you to know what are the Conditions and Procedures to be followed to use Digital signature to sign the invoices and maintain records in Electronic form.By way of Notification No. 5/2015-Service Tax dated 01.03.2015, C

MCA's olive branch to Private Companies

Ramaswami Kalidas 22 July 2015 at 10:51

IntroductionIt is an admitted fact that small and marginal companies have been up in arms from the time the Companies Act,2013 (hereinafter referred to as the �Act�) was unleashed in the year 2013 partially to substitute what was consi

Tax recovered but not paid to the Govt. has to be treated as evasion of ST

RENGARAJ R.K 22 July 2015 at 10:51

Introduction: In a recent judgment the Hon�ble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients an

GST Era Pushes Indirect Excise Duty On Textile w.e.f 17th July 2015

Anandaday Misshra, Advocate 22 July 2015 at 10:51

The era of Goods & Service Tax (GST) has started with three notifications on 17th July 2015. The idea is to check the breaking of chain for the purpose of GST.It is pertinent to note that more or less , similar and/or same proviso has been insert

Irony in CA ranking system

CA Nayan Gupta 21 July 2015 at 10:34

Results of CA Final were announced on 16th July 2015 and since then the result of Ms. Shailee Chaudhary, AIR-1, is the one most talked about topic. No dobut, she has performed spectacularly in her exams, securing 98 in ISCA (considered to be the mos