CAclubindia Articles

Overview of tax implication of CSR expenditures

Posted by SAGA 19 August 2015 67837 Views

Introduction1.1.1 The Finance Act, 2014 has brought a very radical & far reaching

Employee Stock Option

Posted by Deep Vaghela 19 August 2015 10658 Views

PROCEDURAL STEPS FOR EMPLOYEES STOCK OPTION SCHEMESConvene the Board Meeting to constitute Compensation Committee, appoint Merchant Banker for administering Employee Stock Option and take inprincipal approval from Stock Exchanges;Formulate the detail

How to score atleast 60 in IPCC Audit

Posted by ASHWIN 18 August 2015 24941 Views

My dear friends,The purpose of this article is to help the students in CA IPCC Audit subjects & not to take any credit in any manner.It has been prepared in consultation with 2 of my friends Vakeel Ali & G

Neutralise artificial restrictions under Cenvat Credit Rules

Posted by Ashish Chaudhary 18 August 2015 7354 Views

Cenvat Credit scheme is designed to avoid cascading effects but it has been seen over a period that the government has been diluting the basic philosophy of the rule by introducing many arbitrary restrictions. This has been done to augment reve

Process for conversion of OPC into private limited company

Posted by CS Divesh Goyal 18 August 2015 20904 Views

BACKGROUND:The Introduction of One Person Companyinto the legal system is a move that wouldencourage the entrepreneurs enters intocorporate world. This will not only enableindividual capabilities to contribute economicgrowth, but also generate employ

Developments in the new registration procedure under MVAT

Posted by Yash Goyal 18 August 2015 6207 Views

Dear All,The procedure for obtaining new registration under the MVAT Act was amended vide circular 5T of 2015. For a gist of the new procedure please visit the below link.http://www.caclubindia.com/articles/new-procedure-for-registration-under-mvat-2

BCD Hike in Iron & Steel -Tough Amendment!

Posted by Pradeep Jain 18 August 2015 8371 Views

Introduction:- This article is an attempt to analyse the amendment made in the rates of basic customs duty applicable for various Iron & Steel Products vide Notification no. 45/2015-Customs dated 12.08.2015. This notification seeks to amend the e

Service Tax - Point of Taxation Rules, 2011

Posted by CA JaiKishan 18 August 2015 18169 Views

By CA. Jai KishanIntroduction:The Point of Taxation Rules, 2011 (hereinafter referred to as �the POT Rules�) were notified on March 1, 2011 and have been amended from time to time. As mention

Reassessment and revision period extended in Haryana VAT

Posted by CS Priyanka Gupta 18 August 2015 17730 Views

Recently, Haryana Value Added Tax, 2003 has been amended vide Ordinance issued by the Governor dated 31.7.15 published vide Notification No Leg. 9/2015 dated 3rd August 2015. The concerned amendment is effective with effect from 3rd August 2015. The

3 principles of life decoded from 3 accounting principles

Posted by Author CA Vikram Verma 18 August 2015 11066 Views

I was thinking about life and tried to understand it. No one actually could, nor was I, hence, LOST. I got back to work, the endless accounting work.One thing struck my mind immediately, while I was preparing financials. What is Accounting?The answer