CAclubindia Articles

Interest under Service Tax

Posted by AKASH PHOPHALIA 20 August 2014 105156 Views

Interest Hammer on assessee- Illustrated Interest on Service Tax is charged in accordance with the provisions of Section 75 of Finance Act 1994. Rate of Interest up to 01/10/2014 is simple interest of 18% per annum on delayed payment of tax (3% conce

Varishtha Pension Bima Yojana

Posted by CA Chirag Chauhan 20 August 2014 11729 Views

1. Introduction: Government of India in the Union Budget 2014-2015, announced the revival of Varishtha Pension Bima Yojana. Excerpts from budget speech by Honrable Finance Minister are, "NDA Government during its last term in office had introduc

Tips to handle Strategic Financial Management paper [SFM]

Posted by Ankur Garg 20 August 2014 129414 Views

Dear Students, During my contribution to various sections of Caclubindia like Forum, Articles and Expert section, many times I have come across a common issues faced by student which is how to prepare for SFM subject. Although I have ne

Suggestion for CA Final and IPCC Audit paper Nov' 2014

Posted by Ankur Garg 20 August 2014 84149 Views

Dear CA Aspirants, As we all are aware about the fact that Audit is a very crucial subject for Chartered Accountants from exam and professional careers point of view. Audit is not that subject which leaves you once you passed all your exams. A

Risk based audit

Posted by Deepika Agarwal 20 August 2014 25668 Views

INTRODUCTION Many of us think that the job of an auditor is very fascinating and easy, but it is not so, the job of an auditor is very hectic and involves lot of hard work and commitment. It involves checking whether the financial statements of the en

Steps in Ledger Scrutiny

Posted by CA Satish Badve 19 August 2014 334297 Views

Ledger scrutiny is part of audit procedures, like vouching, posting etc.The scrutiny is required in all type of audit whether the same is Internal Audit, Statutory Audit. Ledger scrutiny is to be done for all type of clients whether the same is Pvt

Acceptance of Deposits

Posted by KARTIKEY 19 August 2014 11781 Views

Acceptance of Depositunder the Companies Act, 2013w.e.f. 1st April, 2014I. Meaning of the word DepositsAs per Section 2(31) the word Deposit has been defined as follows:Deposit includes any receipt of money by way of depos

Agenda for First Board Meeting of Private Limited Companies

Posted by CS Divesh Goyal 19 August 2014 26814 Views

As per New Company Law, gap between two board meetings cant exceed 120 Days. If last board meeting of company was held on 31st March 2014 then next board meeting can be held upto 28th July, 2014 (April 30 days + May 31 Days + June 30 days +Jul

All about forfeiting

Posted by RAM KUMAR GUPTA 19 August 2014 8344 Views

Forfeiting is another way of getting finance against the capital goods exported through purchase of bill by some other person/company, called forfeiter, which purchases all such export bills which shall be due on future dates. The important point in

Amended rules of chapter XII

Posted by ANJAN KUMAR ROY 19 August 2014 10056 Views

RELATED PARTY TRANSACTIONS (RPTS) ………….. Went to the operation theatre once again and came back with ………….some additions, some deletions, some clarity and a lot of confusion The Ministry of Corp