CAclubindia Articles

Service Tax- Place of Provision of Services Rules, 2012

Posted by CA JaiKishan 21 August 2015 34549 Views

Introduction: Service Tax is very important source of revenue for the Central Government. Therefore it has been tried to increase the tax base by introducing negative tax regime

All about payment banks

Posted by JAINENDRA JAIN 20 August 2015 18404 Views

With RBI announcement of 11 payment bank on 19.08.2015 here is what we should know about these banks:WHAT IS PAYMENT BANKS?A payments bank is a type of non-full service niche bank in India. A bank licensed as a payments bank ca

8 apps for CA students and articles trainees

Posted by Amrit Singh 20 August 2015 110404 Views

Namastey Caclubindians,The truth of our modern times is that you probably won�t find any student who does not use smart phone today. Today, thanks to new technology, student life is much easier as there are hundreds of apps for CA Students th

Case Study: Is tax paid by employer on behalf of employee - exempt u/s. 10(10CC)?

Posted by CA Sukriti Jain 20 August 2015 23627 Views

A detailed analysis of Exemption under Section 10(10CC) alongwith the provisions of Section 17(2), 40(a)(v), 192(1A), 195A, 198, 199, 200 and 203 of the Income Tax Act, 1961. Highlighting the ruling under Sedco Forex International Drilling Inc. (2012

Practical Application of CARO, 2015 (through FAQs)

Posted by Guest 01 August 2020 44746 Views

The Ministry of Corporate Affairs, on 10th April, 2015, notified the Companies (Auditor's Report) Order, 2015 (CARO, 2015). The text of the Order is available on the following URL http://www.mca.gov.in/Ministry/pdf/Companies_Auditors_Report_Ord

Issue of Sweat Equity Shares under Companies Act, 2013

Posted by Sudish Kumar Gupta 18 May 2023 41593 Views

Dear Readers/ Professional Members,Greetings for the day..Section 54 of the Companies Act, 2013 corresponds to section 79A of the Companies Act, 1956 and seeks to provide that on fulfilling certain conditions, a Company may issue sweat equity shares

GST Bill - Perfect or imperfect?

Posted by Harsh Gadodia 20 August 2015 15307 Views

Lots of talks going on GST implementation by 1st April,2016 as promised by our Hon'ble Finance minister Shri Arun Jaitley. With the hope of passage of GST b

Audit Report 2015 - is it a nightmare or a labor-pain?

Posted by P.R. Sethuraman 20 August 2015 19070 Views

The auditing community had really gone through a rough and tough time in the form of �labor pain� in drafting the audit report under section 143 (3) of the Companies Act 2013 for the financial year ended march 2015 due to last minute rush

Acceptance of deposit from members in case of private limited company

Posted by CS Divesh Goyal 20 August 2015 16427 Views

BACKGROUND:Loans are the major source of funding for most of the Companies apart from their Share Capital. Companies borrow from various sources like banks and various other financial institutions. Whereas,Public Limited Companies borrow from mass pu

Disputed inputs service credits

Posted by Ashish Chaudhary 19 August 2015 10806 Views

The concept of set off where an assessee adding value is able to set off the taxes on his purchases, is an important one which enables one to avoid the cascading effect of ta