CAclubindia Articles

Tax audit puzzles

Guest 02 January 2015 at 11:26

RECENT CAG REPORT The Comptroller and Auditor General Report no.32 of 2014 has taken the list of Chartered Accountants who have signed tax Audit cases under Income tax Act of more than 400during FY 2012-13 and there are 22people in the list. ARBITRAR

Threshold exemption to small service providers under service tax as updated 26th Dec'14

CA. K S Chauhan 02 January 2015 at 11:26

1. Summary of previous notifications related to threshold exemption along with limit, date of applicability and relevant Notification numbers: Period Exemption limit (Rs.) Relevant Notification of Service Tax Effectiv

Rebate on Export of Goods (Notification 41/2014)

CA Sunnay Jariwala 02 January 2015 at 11:26

Notification No. 41/2012-Service Tax29th June, 2012 This notification shall come into effect on the 1st day of July, 2012. It deals with the export of goods. The Central Government grants rebate of service tax paid (hereinafter referred to as rebate)

Conversion of company to LLP

DEEPIKA 30 December 2014 at 10:32

All movable and immovable properties of the company automatically vest in the LLP. No instrument of transfer is required to be executed and hence no stamp duty is required to be paid. Only intimation to be given to respective authorities for change o

Benefits to be considered for differently abled in upcoming Budget 2015

CA Chirag Chauhan 30 December 2014 at 10:32

To,Honable Finance Minister- Mr. Arun Jaitley Dear Sir,Subject:-Benefits to be considered for differently abled in upcoming Budget 2015 As per estimates more than eighty million people in India suffer from some or the other form of disabilitie

Management of NPA

T.R.Radhakrishnan 30 December 2014 at 10:32

IMPORTANCE OF HUMAN RESOURCES. Management of non-performing asset (NPA) is one of the foremost challenges of the banks and financial institutions. Most of the time while finding solutions to this issue, the more important aspect of human resources is

Questions to ask while designing Employee Incentive Schemes

Tulasi S Sastri 30 December 2014 at 10:32

Performance Incentive Schemes have all along been considered an important tool in the hands of the management, to differentiate between high performers and others, and to suitably reward the former. Where the overall output is dependent on employee g

Process for PAN application for Non Resident in India

CA Chirag Chauhan 30 December 2014 at 10:31

Indian citizen residing abroad, foreign citizen and other than individual (like company or trust or firm etc.) who wants to apply for PAN should fill the PAN application 49AA. Basically PAN application for Non Resident can be bifurcated into three c

Procedure of removal of directors under Co. Act, 2013

CS Divesh Goyal 29 December 2014 at 17:58

Power to remove directors has always been bestowed on shareholders, as we all know that at the end of the day, directors are answerable to shareholders. Nothing has changed in the procedural aspect under Companies Act, 2013 as well. Shareholders can

$Interest Under Section 234A\B\C$

Interest Under Section 234A\B\C

CA Kumar Mukesh 29 December 2014 at 17:57

We all are aware that when the section 234A\B\C, but only few of us are able to compute accurate Interest under these section.The purpose of this article to cross verify the interest calculated by system against our manual workings. Some readers mayt