CAclubindia Articles

All about payment banks

Posted by JAINENDRA JAIN 20 August 2015 18366 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 110345 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 23572 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

GST Bill - Perfect or imperfect?

Posted by Harsh Gadodia 20 August 2015 15294 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 19040 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 16405 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 10775 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 12256 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 67809 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 10634 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