CAclubindia Articles

Rule 3 (5b) of Cenvat Credit Rules ... Post Budget 2011

Posted by Manoj Pala 28 July 2011 25560 Views

Notwithstanding the technicality of the law viz: the point of discussion Provision for write of inventory, we opine that in the subject matter the spirit of the law in principle might prevails over the technicality of the law and which

Understanding Allowability of Business Expenditure u/s 37

Posted by Manish Kumar Agarwal 28 July 2011 131428 Views

Understanding Allowability of Business Expenditure under section 37 of the Income Tax Act, 1961 with latest case laws Section 37 of the Income tax Act, 1961 is a residuary section for allowability of business expenditure and the same is given be

Exemption from disclosing in P&L A/c u/s 211

Posted by Alok Rudra 28 July 2011 19199 Views

Exemption to certain classes of companies from disclosing in their profit and loss account from certain information in terms of Part II of Schedule VI [Ref: Notification No. S.O. 301(E), dated 8th February, 2011 and F. No. 51/12/20

Is your business eligible for bank funding?

Posted by Bhavik Mehta 28 July 2011 25467 Views

Bank finance is very important for growth of the business. Can you imagine companies like Reliance & Tata to become biggest business groups in our country without bank funding?

For all those who couldn't make it this time

Posted by Sonali 28 July 2011 12148 Views

Hi to all those who couldnt make it this time, I am not writing this to console you people..( I know you must have got it from your near and dear ones)but I just wanted to share my experience and thoughts with you While most o

Prevention of Money Laundry Act 2002 : A Synopsis

Posted by CA. Vikash Dwivedi 28 July 2011 12985 Views

Introduction Money laundering is beomcing a pervasive cocept may it be Developed country or Developing country. to curb this more and more countries now bringing suspicious transations unders the leagal scanner. Moeny is Behind all ill acts and wis

Inter company loans and investments

Posted by *RENU SINGH * 28 July 2011 17764 Views

The provisions of section 370 and 372 have been combined with sec 372 A

Sarfaesi Act, 2002 - Borrowers' Woes

Posted by T.R.Radhakrishnan 27 July 2011 14429 Views

T.R.Radhakrishnan, Banking & Management Consultant, Facilitator: DRT & SARFAESI CASES, H.R.Trainer; Corporates, Colleges & Schools, 17, Morya Gardens, Kanadia Road, Behind Karnataka Vidya Niketan, Indore. 452016. Madhya Pradesh Mobile

Can Resident Indians incorporate a Company/LLC outside India

Posted by CA. Anuj Gupta 27 July 2011 24664 Views

I am being asked this query on almost daily basis by my friends and colleagues and all of them are of view that incorporation of Companies/LLC outside India is permitted in FEMA by RBI under Liberalised Remittance Scheme ,2004. To get the answer of

The Path of Fire

Posted by Amol Gopal Kabra (CA,CS,DISA) 26 July 2011 11698 Views

After my recent article giving some tips to prepare for forthcoming exams, I thought of writing an article for those who were not able to qualify their exams. Those who never fail can never have the true test of success. Failure here is easy to sp