CAclubindia Articles

Annual return on FLA

Posted by CA Vivek chaudhary 11 August 2015 52652 Views

Annual Return on FLA Introduction:FLA stands for foreign liabilities and assets. The filing of annual return on foreign liabilities and assets has been notified under Foreign Exchange and Management Act, 1999. It is mandatory for all Indian resident

All about Special Resolutions

Posted by CA. Kapil Goel, DISA(ICAI) 10 August 2015 15195 Views

As per section 114(2) : A resolution shall be a special resolution when�(a) the intention to propose the resolution as a special resolution has been duly specified in the notice sent for meeting;(b) the notice required under this Act has been d

Revaluation of Assets

Posted by Tapan 10 August 2015 13952 Views

Revaluation of fixed assets is the process of increasing or decreasing their carrying value in case of major changes in fair market value of the fixed asset. A fixed asset is initially recorded at cost but subsequently its carrying amount is increase

Leave travel concession / assistance - Taxation issues

Posted by ESHA AGRAWAL 10 August 2015 16778 Views

We go on travel with our families ,if we can get tax benefits, why waste it. Hence the article on Leave Travel allowance or LTA. Have you claimed LTA? Leave Travel Allowance (LTA) is basically defined as the cost of travel granted to e

GST and its salient features

Posted by CA Sayam Rastogi 10 August 2015 18626 Views

GST will be levied on buyers of goods and services, or where the service is consumed. This means big consumer states such as Uttar Pradesh, West Bengal and Kerala will get a high share of the taxes.The following are the salient features of the propos

CSR activities where CSR money can be spent

Posted by CS MOHIT SALUJA 10 August 2015 12050 Views

After the enactment of the Companies Act, 2013, amongst a no. of core areas, CSR is the one which is much debated and discussed by the Ministry and Law Chambers. This is the area, where the Government has ke

Digital India Programme in Modi Style

Posted by ESHA AGRAWAL 10 August 2015 9724 Views

What is Digital India? Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. Prime Minister Narendra Modi said in his speech

FAQ on keeping the books of accounts at a place other than registered office of the company

Posted by CS MOHIT SALUJA 10 August 2015 9130 Views

Companies Act mandates every company to keep its books of accounts and other related books, papers along with financial statements at the Registered Office of the company. This provision has been given under section 128 of the companies act, 2013. B

5 practical ways to improve your credit score

Posted by CA Sagar Khubchandani 10 August 2015 15247 Views

As per a recent survey,more people would feel embarrassed to admit their credit score than their salary.So,just like you take immense care of your health, you also need to take care of your credit score.What is a credit score?Credit score is a score

Input Tax Credit and Inter GST Credit

Posted by CA MOHIT SINGHAL 10 August 2015 13335 Views

Input tax credit is the amount of tax paid by the dealer on purchases for which the dealer isentitled to claim a credit. The input tax credit has to be claimed by a dealer against tax invoicewhich can be adjusted