CAclubindia Articles

Issue of reversal of Input Tax Credit on Iron and Steel Goods

Rajeev 9814214503 30 September 2014 at 11:01

Question is:Whether in terms of Rule 21(8) reversal on the stock at the rate of 2.20% i.e. (4.95 minus 2.75 ) of the available Input tax credit on such closing stock should be made? Brief Facts are :Date of Notification of Reduced rate of VATNotifica

Post incorporation works

CS Divesh Goyal 30 September 2014 at 11:00

In my earlier article (Series-16) Incorporation of Companies & Table of Procedure of Incorporation of Company under Companies Act-2013, I explained detailed procedure for incorporation of company. After Incorporation many works are requir

Real estate for young professionals - not as difficult!

Sumeet Kapur 29 September 2014 at 11:00

Like many others, we all think real estate investment as something big and far away when we are in early stages of our career. No doubt it is, but it can be made much easier, if you just do some calculations around.A few thumb rules or basic facts t

The Curious Case of PwC and Ramalinga Raju's Satyam

Sushil krishnan 29 September 2014 at 11:00

Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w

You cant escape these mundane tasks in Seemingly-Interesting Equity Research, Investment Banking & Finance Jobs

Ashutosh 27 September 2014 at 11:59

I often meet recently cleared or about about-to-be Chartered Accountants. Many a times, I also bump

Salmaan Khan delivers a career advice in his movie 'Kick'

Nimish Goel 27 September 2014 at 11:59

In his recent movie Kick, Salmaan Khan ends the movie with the dialogue - Main Dil Mein Aata Hoon Samajh mein nahin. Salmaan always has that penchant for delivering whacky dialogues which truly symbolizes his witt

Due date of ITR extended but 234A interest still applicable

CA Sudhir Halakhandi 27 September 2014 at 11:59

Due Date for filing of return of Income for Assessment Year 2014-15 Extended from 30th September, 2014 to 30th November, 2014 in Specified CasesAs per the provisions of the Income-tax Act, 1961 (the Act), for an assessee, who is require

Procedure for appointment of Alternate Director under CA 2013

Ankur Garg 27 September 2014 at 11:58

Dear Professional Colleagues, Some time back I shared a write up containing Procedure for appointment of Additional Director under Companies Act, 2013. Statutory provision for appointment of Additional Director is given in Section 161(1

Clarification on Major issues pertaining to refund of Cenvat credit to Exporters

Bimal Jain 27 September 2014 at 11:58

Dear Professional Colleague, Clarification on Major issues pertaining to refund of Cenvat credit to Exporters We are sharing with you the recent judicial pronouncement of the Honble Bangalore CESTAT in the case of Apotex Research Pvt. Ltd. &am

ICAI and Bureaucrats to Blame For ?

Nikhil Kaushik 26 September 2014 at 10:37

So, Indian Bureaucracy Really "The Cause" of "All Our Ills" and is ICAI Responsible for Low Passing PercentageFor past few days, there have been various articles, posts blaming the Bureaucrats for everything that is wrong. Blame