CAclubindia Articles

Are we Professionals?

Posted by Dilip K Raina 09 April 2014 12393 Views

Professional is one who is expert in his subject, keeps himself/herself up dated with the latest changes, a good team player/leader, have urge for learning and is innovative. In todays competitive world to sustain the growth in ones ow

Safe harbour Rules Vs Permanent Establishment

Posted by MOHIT JAIN 07 April 2014 10541 Views

Government has notified Safe Harbour rules (SHR) to provides certainty to Indian associate enterprise of MNC group in its Transfer Pricing Assessment The bigger question is that whether safe harbour will

Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws

Posted by CA Umesh Sharma 07 April 2014 10819 Views

Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo

Tax on restaurants

Posted by Danish 07 April 2014 19598 Views

Restaurant BillNowadays Restaurant bills are quite confusing for everyone, after having a delicious dinner Restaurant bill makes you uncomfortable. because of too much tax collected on bill, around 30% above the menu price, and if you ask to Restaura

Related Party Transactions under the New Era

Posted by CS DHANAPAL 05 April 2014 31162 Views

Companies Act, 2013 has unveiled a new era in the Indian Corporate Sector which places more reliance on disclosure norms rather than on approvals. One such area is related party transactions. While the Companies Act, 1956 warranted appr

Companies Act - 2013: Rotation of Auditors

Posted by CA. Amit G. Chandani 05 April 2014 293601 Views

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions relating to rotation of auditors/audit firm w.e.f. 01st April, 2014. Changing nearly six dec

Draft rules and future of CS. Much ado about nothing

Posted by Rohit Jain 05 April 2014 18352 Views

The Institute of company secretaries of India is one of the largest professional bodies in the world in the development of corporate secretaryship. One does not need to repeat that the companies act 2013 has thrust the company secretary to the positi

Highlights on CSR Provisions notified on 27.02.2014

Posted by CS DHANAPAL 04 April 2014 15740 Views

Effective Date for CSR Applicability Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st Apr

New provisions applicable wef 1st April under Co Act 2013

Posted by CA Nitesh Kumar More 04 April 2014 71742 Views

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R

How does it affect you if you miss to file the income tax return

Posted by Ramalingam K 04 April 2014 18782 Views

The tax payers, auditors and tax masters go extremely busy filing taxes and working on refunds in July. 31st July is the cut off for filing your returns which is set by the central board of direct taxes. Not only tax filing process has become easier