CAclubindia Articles

Binding nature of board circulars - Confusion settled or created?

Posted by Pradeep Jain 09 December 2015 5304 Views

Binding Nature of Board Circulars-Confusion Settled or Created? OrCirculars contrary to SC decisions deemed as rescinded- A good start!Introduction:- The binding nature of the Circulars issued by Board is the issue that has been a matter of litigatio

Why we need Swachh Bharat Cess in India

Posted by priya garg 09 December 2015 11001 Views

In today’s scenario,all are discussing about SBC which was launched by Prime minister, Narendra Modi with the aim to improve the sanitation in rural and urbn areas so that the overll quality of life improves. Since its launch govt. has made sub

How Indian Model of GST would be a Destination Based Taxation

Posted by ARPIT HALDIA 09 December 2015 11296 Views

Understanding Goods and Service Tax # 2:Concept of Origin and Destination Based Taxation and how Indian Model of GST would be a Destination Based Taxation By CA Dr Arpit HaldiaThe fact that GST is destination based taxation is widely acknowl

GST Draft Law - 10 things you must know

Posted by Pritam Mahure 08 December 2015 42272 Views

Yesterday,few of the private tax webportals published the copy of the draft GST law. Though the authenticity of the same is yet to be vetted by the Government officials, meanwhile,in the following paras the author has tried to decipher the proposed G

Shifting of registered office from one state to other

Posted by CS Divesh Goyal 08 December 2015 20617 Views

Meaning of Registered Office: A registered office is the official address of a company to which all official letters and reminders will be sent by any person, any government or non government or regulatory body. In terms of Section 7 of the Companies

A to Z of Swachh Bharat Cess

Posted by CA.Manindar Kakarla 08 December 2015 16188 Views

Introduction:With a view to source funds for Swachh Bharat initiative, Section 119 of Finance Act, 2015 is intro

Zero percent finance is a myth

Posted by CA Vap Patel 08 December 2015 12680 Views

Before the globalization took place in 1992, We Indians used to believes in saving most of the earning. A study suggest that as much as on an average 50% of income was used to save by people before globalization. We Indians never had that passion for

Section 44AD of the IT Act 1961

Posted by MANSHI BAID 08 December 2015 16665 Views

SPECIAL PROVISIONS FOR COMPUTATION OF PROFIT AND GAIN OF BUSINESS ON PRESUMPTIVE BASISThis section provides that ELIGIBLE ASSESSEES can in respect of ELIGIBLE BUSINESS can declare 8% or more of the Total turnov

Annual filing under companies act 2013

Posted by CS Divesh Goyal 07 December 2015 32913 Views

After Completion of one year of Companies Act, 2013 now it is the high time for the members to start work on Annual Return (MGT-7) and Director Report. The last date for E-filling of company�s Annual Returns and balance Sheet under Companies Ac

ROC Filing 2014-15

Posted by Rohit Pandey 07 December 2015 16894 Views

ROC Filing for the financial year 2014-15Registrar of company has changed the forms for e-filing of annual returns for the financial year commencing after 31st March, 2014. The newly introduced forms are to be filed in compliance with provisions of s