CAclubindia Articles

Time limit on Claiming CENVAT Credit: Major Implication

Ankit Bidasaria 18 July 2014 at 13:02

Rule 4 of the CENVAT Credit Rules, 2004 (CCR) provides the conditions for availment of credit. Amendment rules inserted a new proviso after the second proviso in Rule 4(1). The new proviso shall be inserted with effect from first day of

Why tax practitioners bill required in India

BSKRAO 18 July 2014 at 13:01

(1) Below are the accounting bodies of various countrys world over on date, In spite of this, they have separate bodies/legislation for regulation of tax professionals. Reason being, situation similar to that of latest Supreme Court verdict in

Fund Raising Under Companies Act, 2013

CA Gaurav Mittal 18 July 2014 at 13:01

Under Companies Act,2013 A company can raise funds via 3 means :- Deposits. Loans. Capital. The Deposits and loans has already been discussed earlier in other Blogs Deposits : - A

Analysis on Acceptance of deposits under Companies Act, 2013

CA RAVI CHHATWANI 18 July 2014 at 13:01

Chapter VAcceptance of Deposits by Companies Prohibition on acceptance of deposits from public.Sec 73(1) After commencement of this Act, Company has to invite, accept or renew deposits in manner as provided in this chapter. Provided

New Development Bank (BRICS Development Bank)

Nikhil Kaushik 18 July 2014 at 13:01

New Development Bank(erstwhile Brics Development Bank)The term BRICS, coined by economist Jim ONeill today reflects in the newest socio-economic bloc on the ever increasing bi-lateral and multilateral arrangements on the global map. Earlier r

Highlights of Budget - Finance Bill, 2014

Member (Account Deleted) 17 July 2014 at 15:50

PART - I ** Announcements Not to ordinarily bring about any retrospectively. Instead of tax officers, High Level Committee to scrutinize indirect transfer cases covered by retrospective amen

National Pension System - A Government's New Initiative

CA. Kapil Goel, DISA(ICAI) 17 July 2014 at 15:50

The National Pension System (NPS) reflects Government’s new effort to find a suitable & sustainable solution to the problem of providing adequate retirement benefits to the people at large. As a first step towards initiatingthis, Governmen

Budget 2014-2015

ESHA AGRAWAL 17 July 2014 at 15:50

BUDGET FOR 2014-15Modi govt budget for middle class is committed to lower taxes, FM Arun Jaitley said that lower taxes gave people money to spend which in turn helps in economic growth , FM Hike in exemption limit in personal income tax from Rs 2 lak

The Union Budget impact on the Indian Stock Market

Ashish 17 July 2014 at 15:49

The clamor and commotion over the long awaited Indian Budget for the year 2014-15 ended last week, with the arrival of the new governments intense budget. This budget has led the Indian people wondering whether it is an indication of the era o

Acceptance of Deposits- Ch V of CA,2013

CS M.Kurtrala Nathan 17 July 2014 at 15:49

Definitions: Deposit Section 2(31) of CA,2013 deposit includes any receipt of money by way of deposit or loan or in any other form by a company, but does not include such categories of amount as prescribed in the ru