CAclubindia Articles

Gratuity-Taxation issues

ESHA AGRAWAL 21 October 2014 at 11:10

Job-hopping can increase your pay, but good old loyalty also has its perks. Stay on with your employer for five years or more, and you are entitled to gratuity when you resign, retire or are retrenched. Going b

Happy Diwali with crackers of Income Tax

CA Umesh Sharma 21 October 2014 at 10:50

Karniti Part 59Happy Diwali with crackers of Income TaxArjuna (Fictional Character): Krishna, recently the result of Maharashtra & Hariyana States Election is declared. In this some politician's crackers have exploded and someone's got defused. On th

Micro Nutrient Mixtures - Whether it is Plant Growth Regulator

RENGARAJ R.K 20 October 2014 at 11:48

R.K Rengaraj, Advocate, Swamy Associates Micro Nutrient Mixtures -Whether it is Plant Growth Regulator or Other Fertiliser under Central Excise classification? Introduction: The CESTAT, Bangalore has recently held in the case of KPR Fertilizer Ltd V

Start loving the small things in present and reap the fruits

Nisha Sharma 20 October 2014 at 11:48

It has been observed in the day to day lives of maximum professionals working in corporate or independently that they seem to be dissatisfied with the level and the nature of their work. Ofcourse the urge of achieving something bigger at each and eve

How to check purchases

Ankur Dudani 20 October 2014 at 11:48

Hi Friends,This article is about How to check Purchases in any organisation during Audit:-Remember that during audit whatever document you take from client take his signature on the same basically its a approval from client side that we provided the

A Brief explanation of standard on auditing (SA 550 related)

shikha 20 October 2014 at 11:48

This standard on auditing lays emphasis on the auditors responsibilities in regard to the related parties identified during the conduct of an audit of financial statments. It deals with the responsibilities and expands on how to make application of t

International business II: Export Procedure

CA Gyati Gupta 20 October 2014 at 11:47

Hello friends! Its Gyati Gupta back again, with another articles under the series of Interanational Business. I promise you that you will enjoy reading it. This article contains the entire procedure , how exports are carried out.Let us discuss about

Cenvat implication on Sales rejection

Venkatanarayana GM 17 October 2014 at 13:11

It is normal that, excise duty paid goods are received back into the factory on account of , not needed presently, rejected, etc.. As per Rule 16 of Central Excise Rules 2002, the Cenvat credit of excise duty paid on such goods returned can be avai

Services provided to Foreign Principals for marketing their products

Bimal Jain 17 October 2014 at 10:55

Dear Professional Colleague,Services provided to Foreign Principals for marketing their products in India qualify as an export of service We are sharing with you an important judgment of the Honble CESTAT, Delhi in the case of Microsoft Corpor