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CA SURENDRA KUMAR RAKHECHA's Expert Profile

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About me

https://www.facebook.com/royalcareer?ref=hl

For a UNIQUE APPROACH on CAREER COUNSELLING; one may VISIT my page. Like to get updates.

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I am a practising Chartered Accountant since last 30 years.

In addition to the practice, engaged as Free Lancer Trainer.

Presenting Budget Speech on Direct Taxes at ICAI (Cost), South Gujarat since last 4 years.

Ex-Convener of Study Circle,Surat ( ICAI ) & Ex Faculty at ICWA,ICSI and ICFAI, Surat Chapter.

Ex-Magazine Editor at BJSR College (elected) and Ex-Secretary of Bikaner Oswal Mitra Parishad (selected). Founder Trustee of Shree Aatmanand Jain Sabha, Surat and Honorary Counsellor of Scholar English Academy, Surat (ISO 9001:2000) since its inception.

Past : I used to take lectures on Accountancy, Cost Accounting, Financial Management, Conveyancing, Economic Laws, Income Tax and above all Motivation & Communication Skills.

By the god's grace; I secured Ist Rank in Board of Secondary Education, Rajasthan

and

IIIrd Rank in Graduation.

Remained at top all over India in Hindi typewriting (new key board) at the youngest age of 16.

I was declared as the best student of last 25 years of my school.

Composed "SARASWATI VANADNA" in an Educational Tele Film "Disha." The same was performed by me in "chandrakosh raag" as a Playback Singer.

I have interest in meditation, yoga, vastu, sanskrut and homeopathy.

I have made a research on mantra-vigyan and swar-vigyan with the help of astrology.

I possess print-type handwriting for which I have been awarded.

Public Speaker - on various topics

Hobby : To Learn something new everyday and make friends.

Mission : TO GIVE RIGHT DIRECTION TO YOUNG GRADUATES BY MOTIVATION, COUNSELING, COACHING, TRAINING AND PLACEMENT.

Unsuccessful CA Students can gain confidence from the following link:(advisable to read full discussion)

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My Popular Articles on caclubindia:

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CA Surendra Rakhecha

Surat-Bikaner

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kasturi says : company law
Sir, Im in chaos on scedule xiii of the companies act.our company(closely held public company) has appointed managing director for 5 years in 2005 with a remuneration of Rs.40000/-p.m by members by special resolution without the approval of remuneration committee as most of the independent director were resigned and there was nno remuneration committee.However there is no such law which state that appointment must be approved by remuneration committee except schedule xiii. During 2008-09 there was inadequate profit and salary paid was within the limit i.t Rs.400000/- to managing directors. Now auditors have laid down their remarks that the salary paid was excess of schedule xiii of the companies act.When we sought clarification and raised question that salray is within limit of schedule xiii.But their reply is that we have not followed conditions laid down in schedule xiii as remuneration committee not recommended appointment of managing diectors in 2005 and company has made default in payment of debts in the year 2008-09.Hence salary paid is in excess of schedule xiiI it is auditors remarks. Now the question is whether fixation of remuneration at the time of appointment of managing director should be only for the period of three years? what if managing directors have been appointed by shareholders in 2007 when there is a profit and in the year 2010 there is inadquacy of profit whether salary of rs.400000/- paid to shareholders is deemed to be in excess of limits laid down in schedule xiii only by the reason that remuneration committee has not recommended the appointment of MD in 2007 only shareholders have appointed the MDS? company will appoint as usual with the approval of shareholders when there is a profit and how far it is justice that remuneration committee has not recommended the apointment of MDS hence salary is in excess of schedule xiii enenthough it is in limit? Does it mean that it is compulsory to appoint MD with the recommendation of remuneration comm>ittee even in casse of profit? Pls help in this matter urgently

Venkateswara Rao Sapare says : A Request
Dear Core Team and Loyal members of CA CLUB INDIA Kind attention : Hall of Fame. It is pathetic on us to see the socalled “RESOLVED QUERIES” in (1) Expert Section (2) Forum Section and (3) Blog Section. There are queries just attempted with no substance, are categorized immediately as ‘RESOLVED”., which leads our community to wrong direction. The (1) Core team and (2) Loyal members of “CA CLUB INDIA”, need to give their precious time and analyze the “RESOLVED QUERIES”, and see that the members of CA CLUB INDIA are on right path. Else with wrong/misleading RESOLVED QUIERIES / ANSWERS, many may be at ECONOMIC LOSSES, in turn may see this CA CLUB INDIA at an awkward situation. I request you all to focus your attention on this issue, if you feel this grievance is genuine. Pardon me, if it hurts the sentiments of some of our fraternity. Thanking you. Venkateswara Rao Sapare Hyderabad.

CA.Mkhandelwal says : AUDIT OF EDUCATION SOCIETY
One of my new client is running education society (duly registered under the society act) with gross total receipt of more than Rs. 40 lacs for the f.y. 2009-10. It has not applied to income tax department for any type of exemption yet. what will be the format of audit report i.e. form 3CB & 3CD under Tax Audit or form no. 10BB or in any other format. What will be the position if its total receipt exceeds Rs. 100 lacs for the F.Y. 2009-10. Thanks CA.Mkhandelwal

Rajesh says : IFRS convergence - Urgent!! Guidance preparation
Dear Experts, Put the same question in the query list also. Gave u message because of the abundance of knowledge u have gained over the years of practice. thank you sir!! Please let me know whether we have to study only the 8 IFRS for the convergence else also all the IAS along with the IFRS has to be studied. If anyone can through light on it, it will be fine for me. With regards, Rajesh

Rajesh says : IFRS Convergence - Preparation guidance
Dear Experts, Please let me know whether we have to study only the 8 IFRS for the convergence else also all the IAS along with the IFRS has to be studied. If anyone can through light on it, it will be fine for me. With regards, Rajesh