CAclubindia Articles

Paradigm shift of International Arbitration in India

dr vedula gopinath 15 July 2015 at 10:37

In the wake of Liberalisation, Privatisation and Globalisation,(L.P.G) developing countries should have regulatory system w

New to income computation and disclosure standards (ICDS)? Here's what you need to know

Karan Khatri 15 July 2015 at 10:36

INTRODUCTIONBackgroundSection-145(2) of Income tax Act, 1961 empowers Central Government to issue Income Computation and Disclosure Standards (ICDS).Key Features of ICDS Effective Date of ICDS is 01stApril, 2015e. AY: 2016-17 onwards. ICDS applicable

CSR - An Overview

Srinivas 15 July 2015 at 10:36

SCHEDULE VII / SEC 135CORPORATE SOCIAL RESPONSIBILITY1. APPLICABILITY:Companies (Either private or public) having, Net worth of Rs. 500 crores or, Turnover of Rs. 1000 crores or, Net profits of Rs. 5 crores, Have to spend at least 2% of it

Learning Series on CSR LAW in India (2nd Issue)

SAGA 14 July 2015 at 11:00

Learning Series on CSR LAW in India (2nd Issue)Some Confusing & Debatable CSR IssuesIntroduction1.1.1 The law relating to CSR in India is provided in Section 135 of the Companies Act, 2013 read with Schedule VII of the Act and The Companies (Corp

Impact of GST in Haryana

CA Pravendra Rana 9717036532 14 July 2015 at 10:59

GST is a destination based tax structure which is also totally a new concept for Indian Indirect taxation scenario. With the introduction of GST in the country, there will be certain significant changes in regime of

ST return scrutiny: How to combat

Ashish Chaudhary 14 July 2015 at 10:58

Service Tax has been most targeted area of Central government for garnering revenue and it has been constantly undertaking measures to pluck the revenue leakage. One such measure has b

Cenvat Credit on services received for Wind Mill, beyond factory gate-Confusion aggrieved

Manish K.Gandhi 14 July 2015 at 10:57

There is old litigation between assessees and department whether Cenvat Credit of service paid on various services received viz. installation/repairing & M

Reasons why I believe Chartered Accountancy is in a Mess

CA Rohit kapoor 13 July 2015 at 10:47

There can be two answers to the above Question i.e. Yes Or No. I will talk about Chartered Accountancy being in a Mess in my article as Criticism leads to Improvement and I believe in it.Well the course is right now pretty screwed up, because of the

Taxability of software under indirect tax law and GST

Shivashish 13 July 2015 at 10:46

Information Technology (IT) industry has grown multi folds in last 2 decades in India. It is one of the most revenue generating sector for government, job creating sector for individuals.The taxability of Software/Solutions/Clouds has always been a l

Bhaijaan, TDS se kar lo Pehchaan

CA Umesh Sharma 13 July 2015 at 10:45

Karneeti Part 106Bhaijaan, TDS se kar lo PehchaanArjuna (Fictional Character): Krishna, the festival of Eid is approaching. But the Taxpayers are in a rush of filing TDS returns. As the due date of TDS returns and the auspicious festival of Eid have