CAclubindia Articles

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

How to Fill Income tax return form - Tax consultant in India

Posted by Neeraj Sharma 19 August 2015 12266 Views

File your tax returns before August 31It�s time to pay more attention as the income tax department seeks more disclosures to catch tax evaders.THIS is the time of the year when people run around for filing their income tax return. This year the

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