Popular Articles

Resignation of Auditor

Abhinav Agarwal 19 September 2016 at 11:03

Resignation of Auditor / Filing of ADT 3 / Draft Resignation letter and Resolution

Internal Financial Controls (IFC)

CA Diwakar Jha 22 February 2017 at 12:25

As per Section 134 of the Companies Act, 2013 (the Act), the term 'Internal Financial Controls' means the policies and procedures adopted by the company

Impact of Companies Act, 2013 on Private Companies

CS DHANAPAL 05 April 2014 at 17:51

Companies Act, 2013 has brought massive changes for private companies as barring a very few, all the exemptions which were available to private companies under the Companies Act, 1956 have been withdrawn in the Companies Act, 2013. In this article, w

Types of Audits prescribed under the Companies Act, 2013

CS DHANAPAL 20 September 2013 at 12:21

The new legislation is focused on transparency and disclosure and gives audit its due recognition. In the new Act, attempt has been made to cover each aspect of corporate functioning under audit by prescribing various types of audits like internal a

AS-26- Intangible Assets, Its Accounting Treatment And Disc

ESHA AGRAWAL 07 March 2014 at 12:35

Hello everyone, thanks for the appreciation for the first part of AS 26, now we will start the second part of our AS 26, before starting the second part attaching first of the articlehttp://www.caclubindia.com/articles/recognition-of-intangible-asset

Draft Format of Tax Invoice under GST

Sumati Bengani 06 July 2017 at 10:36

A draft format for tax invoice under GST regime has been made following the invoice rule and section 31 of CGST Act.

Accounting Treatment of Service Tax under Reverse Charge Mechanism

CA Dileep Surya Kumar 20 November 2012 at 12:08

Accounting Treatment of Service tax and Cenvat Credit under New Service tax regime Note: The following are indicative accounting entries on the assumption that service receiver/manufacturer is eligible for taking Cenvat credit and service is an e

Declared goods as per CST Act

Ravikumar.G 29 September 2007 at 11:33

Goods of special importanceThere are restrictions on imposition of sales tax on declared goods.Article 286(3)(a) of Constitution of India authorises Parliament to declare some goods as of 'special importance' and to impose restrictions and conditions

Depreciation rate as per companies act

CA Rahul Verma 10 February 2009 at 15:11

RATES OF DEPRECIATION UNDER COMPANIES ACTSCHEDULE XIV[See sections 250 and 350] RATES OF DEPRECIATION__________________________________________________________________________ Single Shift Double Shift Triple Shift Nature of Assets

The Companies Act, 2013 - Provisions relating to related Party disclosures

G S Rao 09 November 2013 at 16:01

Introduction: The Companies Act, 2013(the Act or New Act) aims at enhancing Corporate Governance by clearly defining the duties of directors and fixing additional responsibilities and defining the attributes and role of independent directors to