CAclubindia Articles

Accounting By Schools For Gratuity Benefit

Tikaram Chaudhary 28 August 2019 at 10:48

How Schools should do their accounting is explained by The Institute of Chartered Accountants of India in a guidance note GN(A) 21 (Issued 2005) Guidance Note on Accounting by Schools, here in after referred to as GN (A) 21.

GSTR 9C form filing with easy-to-understand notes

CA Krishnakumar M 27 August 2019 at 18:57

Parts of GSTR 9C Reconciliation Statement, Certificate, Reconciliation Statement, Reconciliation of Turnover in Financial Statements with GSTR 9

6 Tips from CA Toppers on How to Crack the CA Exam

Vaishali Dhek 27 August 2019 at 16:28

With pass percentage as low as 13% when we asked the rank holders what strategy they followed which helped them not only pass the exam but also secure a rank.

Are we on the right path in our CA course?

CA. CS. Abhay Sharma 27 August 2019 at 11:43

Our profession is demanding perfection, days are changing and hard work today is required to have a better tomorrow.

How to Get back Shares from IEPF?

CS Divesh Goyal 27 August 2019 at 11:43

As MCA has issued [1]Investor Education and Protection Fund Authority Rules, 2017. As per these rules Any money as dividend not claimed by investor within 7 year and 37 days from the date of declaration of dividend, shall be transferred by the company along with interest accrued, if any, thereon to Investor education and protection fund.

Extension of GST Annual Return: Much needed relief

Guest 27 August 2019 at 10:03

The Central Board of Indirect Taxes and Customs on the 26th August,2019 vide Order No. 7/2019-Central Tax extended the due date to file GSTR-9/9A/9C from 31st August 2019 to 30th November 2019.

Bombay HC issues notice in writ challenging Rule 89(5) denying refund of 'input services' under inverted duty structure

Bimal Jain 26 August 2019 at 15:08

Facts:M/s Raymond UCO Denim Private Limited ('Raymond' or 'the Petitioner'), approached the Hon'ble Bombay High Court challenging the vires of Rule 89(5) of the CGST Rules, 2017('CGST Rules') on the ground that it runs contrary to the provisions of S

Incorporation of Sec-8 Company

CS Divesh Goyal 26 August 2019 at 10:54

Moving from the Companies Act 1956 to the Companies Act 2013 is like shifting from your old house to a new one.

Reversal of Input Tax Credit Availed under GST Regime

Dilip K Raina 26 August 2019 at 10:54

One of the major steps to curb false/fraudulent claims of input tax credit was initiated under Goods and Services Tax regime by introducing a procedure to reverse the amount of input tax credit availed within 180 days in case no or part payment is made to the supplier of goods or services with interest as notified under section 50(1).

Need Valuation. Whom should I approach?

CMA Harshad S Deshpande 26 August 2019 at 10:54

Valuation refers to calculation of value of business/ underlying asset / liabilities of entity. One of key factors which drives valuation process is purpose. The Valuation approach will depend on the purpose for which the valuation is done.