CAclubindia Articles

Taxation on Investors and Traders

Posted by Munim.in 17 June 2016 9237 Views

Investor or Trader?According to Central Board of Direct Taxes(CBDT): Investor: anyone who invests with the intention of earning through dividends Trader: anyone who buys and sells with the intention of profiting from

The Panama Papers: Things Explained in a Nutshell

Posted by Damandeep Singh 17 June 2016 28230 Views

"The Panama Papers Leak� these days this is the most running hot news on newspapers, TV channels, Internet & all other sources of media. Everyone wants to know, what it is all about, mostly due to the names of personalities being asso

Reverse Charge Mechanism under Service Tax

Posted by Shubham Gupta 17 June 2016 35314 Views

This reverse charge mechanism was first introduced from 01-01-2005 on 4 services namely telecommunication service, general insurance business, insurance auxiliary service, Goods Transport Agency services Reve

Income Computation and Disclosure Standards

Posted by CA Arpita Tulsyan 17 June 2016 15028 Views

Income Computation & Disclosure Standards (ICDS's)ICDSs vis-�-vis AS and ICDSs vis-�-vis Judicial Rulings: There are significant deviations between the notified ICDSs, Accounting Standards & Judicial Rulings which are likely

Ind AS - IFRS Converged Accounting Standards applicable to India

Posted by Prateek Jain 17 June 2016 27517 Views

On 16th February, 2015, the Ministry of Corporate Affairs (MCA) has notified Companies (Indian Accounting Standard) Rules, 2015 for applicability of Indian Accounting Standards (Ind AS) which shall come into force w.e.f 01st April, 2015. Indian Accou

Sone Ki "Chidiya" ko Tax ki "Bediya"

Posted by CA Umesh Sharma 17 June 2016 12076 Views

Arjun (Fictional character): Krishna, what is the reason of agitation held by Jewellers across the Country. Why there businesses are closed from so many days? Let us discu

Section 44AD of the Income tax Act after Budget 16

Posted by MANSHI BAID 17 June 2016 31974 Views

SPECIAL PROVISIONS FOR COMPUTATION OF PROFIT AND GAIN OF BUSINESS ON PRESUMPTIVE BASIS(After Budget 2016)This section is nothing but provides a relaxation to the tax payers to declare income on presumptive basi

Stakeholder exist in spirit, not in letter

Posted by Sundharesan Jayamoorthi 17 June 2016 6098 Views

SEBI (Listing Obligations & Disclosure Requirements) Regulation 2015 (LODR) is applicable to all listed companies in India with effect from December 1, 2015. This legislation is a relatively small but rather complicated legislation; thereare refe

Road permits under RVAT Act 2003

Posted by MANSHI BAID 17 June 2016 7890 Views

REQUIREMENT OF VAT 47Provisions related to the documents including the road permits to be carried with the goods in movement from outside the state or to outside the state are provided under Sec 76 to Sec 79 of RVAT Act 2003. Going through these sec

Enhance your willpower

Posted by Shivanand Pandit 17 June 2016 27061 Views

Willpower is a reaction that comes from both the brain and the body. Willpower is necessary to accomplish numerous difficult and wearisome tasks. It is like a muscle and it gets stronger with recurrent use. Willpower is an enthralling phenomenon. It