CAclubindia Articles

Various forms prescribed under The Companies (Incorporation) Rules 2014

CS ( Dr.) Rajeev Babel 14 April 2015 at 13:58

The companies (Incorporation) Rules, 2014 has provided various forms relating to the incorporation of company. The table given below provides, at a glance look, of the forms prescribed under the said rules along with the relevant sections of the Comp

Black Money Bill 2015: Disclosure of Foreign Assets

CA Rohit Gupta 14 April 2015 at 13:58

International Tax Update: India Black Money Bill 2015: Disclosure of Foreign Income and Assets INTRODUCTION OF THE UNDISCLOSED FOREIGN INCOME AND ASSETS (IMPOSITION OF TAX) BILL, 2015 The Indian Finance Minister, in his budget speech, while acknowled

Foreign Remittance: Case Law Analysis:2015: Series 3

CA Rohit Gupta 14 April 2015 at 13:57

International Tax Update: India Foreign Remittance: Taxability: Case Law Analysis 2015: Series 3 1. Reimbursement of Technical Expenses to Head office: Bureau Veritas-Indian Division vs. ADIT [2015] 54 taxmann.com 139 (Mumbai - Trib.): The Assessee w

Panic due to PAN! If used as an identity proof

CA Umesh Sharma 13 April 2015 at 11:03

Karneeti Part 84PANIC due to PAN! If used as an Identity ProofArjuna (Fictional Character): Krishna, Nowadays PAN card is generally used for many things. Finance Minister Mr. Arun Jaitly is insisting the usage of PAN in many financial transactions,

Investments in mutual funds

Nimish.A.Chodankar 13 April 2015 at 11:03

Mr.Nimish.A.ChodankarCA FINAL STUDENTReg. No.:WRO0455539Email id: nimish@caaa.inMobile No: +91 9004733505 If you do the little jobs well, the big ones will tend to take care of themselvesWhat is Mutual Fund?A

From which college are you doing CA?

Rohit Pandey 13 April 2015 at 11:02

Before I begin this article, I would like to draw your attention towards a perception, that most of the people carry, which made me write this article. It is a perception of masses at large who think CA is difficult. Thats what provoked me to

History of Income Tax of India

Karan Khatri 13 April 2015 at 11:02

It was only for the good of his subjects that he collected taxes from them, just as the Sun draws moisture from the Earth to give it back a thousand fold Kalidas in Raghuvansh eulogizing KING DALIP.Taxation of India in Anc

Bright days always follow gloomy days

Nimish Goel 13 April 2015 at 11:02

I was in Mussorie last week with my family for vacations and we had stayed in a beautiful resort The Amber, Vermont Estate. It was located some 5 kms away from the main mall road of Mussorie in a picturesque place near the Company garden. T

Component Accounting - Tangible Fixed Assets

CA Surendra Bhatt (ACA,DISA) 13 April 2015 at 11:02

The useful life specified in Part C of the Schedule II of the Companies Act,2013 is for the whole of the asset. As per Part A, useful life of an asset shall not ordinarily be different from the usefu

Poem: Rime and reason

CA Sagar Khubchandani 13 April 2015 at 11:02

POEM is an abbreviation for "Place Of Effective Management" that plays a decisive role in determining the tax residency of a company.The Finance Bill 2015 has decided to move the goalpost and proposed an alteration in the definition of resi