CAclubindia Articles

An Insight - Mandatory Pre Deposit

CA Prakash Sajnani 31 January 2015 at 11:54

Finance Bill (No.2) 2014 has vide Clause 98 has proposed an amendment in Section 35F of Central Excise Act that the appeal against an Order passed by lower authorities will not be entertained unless the appellant has made a pre-deposit of 7.5 per cen

Service tax applicability on short notice recovery

Sushanth Karanth 30 January 2015 at 18:55

Service tax applicability on Short notice recoveryIntroductionIn the present day corporate world, an employee is expected to possess challenging skill sets to perform the duties expected as per his job profile due to which there is a high demand for

The Insight to Section 197 of The Companies Act 2013

Pankaj Pendse 30 January 2015 at 10:43

The companies act 2013 provides for the managerial remuneration. According to section 197 of the companies act, the total managerial remuneration payable by a public company, to its directors, including managing director and whole time director and i

The economy after Modi Government

Madhusudan Mishra 30 January 2015 at 10:43

CHANGING SCENARIO OF ECONOMYThe Economy after Modi Government Steps taken and their effects: STEPS TAKEN BY THE GOVERNMENT Bilateral Relations a. Modi had begun promotion diplomatic relations with other countries. Inviting SAARC leaders to his sweari

All about form 15ca and 15cb

Manish Shashikant Savalkar 29 January 2015 at 18:31

1. Why Form 15CA? Form 15CA is a Declaration of Remitter and is used as a tool for collecting information in respect of payments which are chargeable to tax in the hands of recipient non-resident. This is start

Tax Glossary

gopal Santosh Darak 29 January 2015 at 11:05

To understand the subject of taxation very first of all we all have to understood the basic concepts relating to taxation just like we have to go through for driving rules before we learn to drive a Car or many times it ha

Checklist and universal audit tool for analysing performances of small, medium and large businesses

CA ANURADHA BISWAS 29 January 2015 at 11:05

Checklist and universal Audit Tool for Analysing performances of Small, Medium and Large Businesses:- Checklist in its basic from is a simple to do list and an advanced checklist acts asa schedule for businesses. This schedule will hel

Re-engineering with the help of internal audit of self

CA SURENDRA KUMAR RAKHECHA 29 January 2015 at 11:04

Audit is the core subject of Chartered Accountancy Course. Students hardly do justice to this CORE subject in their Study Plans. Most of them allocate just 15-20 days to it as if its marks

India's Forex Reserves at All-Time High - A Critical Analysis

CA. Saket Ghiria 29 January 2015 at 11:04

Foreign Exchange reserves plays a very crucial role for any nation as we know that the global trade is dominated in foreign currencies like American Dollar, Euro, British Pound and Japanese Yen. Out of these, USD ($) is of most significance and it is

Income Tax Act - 1961 Sec 14A disallowance

CA Ram Bajaj 28 January 2015 at 10:53

Introduction 1. Section 14A was first inserted by the Finance Act, 2001. However, same was inserted with retrospective effect from 1-4-1962. The inserted section reads as under: '14A. Expenditure incurred in relation to income not includib