CAclubindia Articles

Game changer tips for audit paper

CA Ravi Taori 23 April 2015 at 14:43

GAME CHANGER TIPS FOR AUDIT PAPER(Improve marks by 20-30%) How you approach audit paper is very important, follow these to excel in exams. 1. First thing is to select questions & do ranking (determining solving sequence), it may be 3rd and then 6

Financial Ratio Analysis

CA N RAJA 23 April 2015 at 10:25

MANU CONVERSATION BETWEEN MANU AND VINU ABOUT FINANCIAL RATIO ANALYSIS VINU Manu Hi Vinu, Why are looking sad? Vinu Manu, Yesterday Ive gone t

Excise Audits

CMA Poornima Madhava 23 April 2015 at 10:25

Goods are removed by the assessee under self-removal system (except in case of cigarettes). Further, Excise department do not verify the returns filed by the assessee and hence there is a need for audit of assessee to ensure that there are no revenue

What is Internal Audit?

CA Tanmay srivastava 22 April 2015 at 17:23

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organizations operations. It helps an organization accomplish its objectives by bringing systematic , disciplined approach

Comparison between private and public companies

CA Sachin D Jain 22 April 2015 at 10:38

HEADING: Comparision between a Private Limited and Public Limited Company as per Companies Act, 2013. BRIEF: Major differences between a Private Company and a Public Company as per various provisions contained in the Companies Act, 2013, relevant

Practical issues in penalty u/s. 271D & 271E

NAVIN AGICHA 22 April 2015 at 10:38

Provisions Of 269SS, 269T, 271D AND 271E As Per Finance Bill 2014 And Finance Bill 2015 And Some Issues Regarding Penalty U/S 271D, 271E And Relating To Amendments. Consequences of contravention of section 269SS: Section 271D of Income Tax Act 1961 p

Transit Sale - Dealer Registration is not mandatory

Manoj Agarwal 22 April 2015 at 10:38

The Central Government has issued Notification No. 08/2015-CE(NT) dated 01-03- 2015, which is effective from the date of issue, has inter alia, inserted the following 3rd proviso in Rule 11(2) of Central Excise Rules, 2002 (CER, 2002)

Indispensables in making GST a reality

CA Nikhil Jhanwar 22 April 2015 at 10:37

GST has been talk of the town since a decade now. However, there have been some concerted efforts from last couple of months to make it a conscious reality. Various deliberations have been made to work out the modalities of GST structure, its suppose

TDS on payment to contractors Under Section 194C

CA. Kapil Goel, DISA(ICAI) 21 April 2015 at 10:27

As per Section 194C, deduction of TDS is required to be made from payments of any amount to resident contractors or sub-contractors.1. DEDUCTION OF TDS FROM PAYMENT TO RESIDENT CONTRACTORS :- Sec 194C(

VAT return- The most basic document under VAT- An analysis

Rajat Mohan 20 April 2015 at 16:42

VAT RETURN THE MOST BASIC DOCUMENT UNDER VAT An analysis with reference to Haryana VAT Law IntroductionA tax return is a form which is filed with a government body to declare liability for taxation. Return is required to be filled by the asse