Community & General Articles
Analysis of Judgment of Supreme Court on Sahara
Analysis of Judgment of Supreme Court in Sahara India Real Estate Corpn. Ltd & ors Vs. SEBI & Anr Supreme Court delivered a judgment in Saharas Case which now confirms the jurisdiction and power of SEBI to inquire into hybrid securi
Cloud Computing - Opportunities and Challenges for CAs
Let us see this concept of Cloud Computing in short and sweet manner along with the opportunities and challenges for Chartered Accountants in this field. Cloud computing is a technology that uses the internet & central remote servers to mainta
A look at draft guidelines of GAAR
Introduction: The Union Budget 2012 contained a controversial retrospective amendment proposal and General Anti Avoidance Rule (GAAR). The effective date of GAAR was postponed to 01.04.2013 to the relief of many Assessees. In this article the int
Libor scandal and its implication
How is the Libor setting done - BBA Libor is in use since 1986. Currently its calculated by Thomson Reuters on behalf of British Bankers Association (BBA). Libor is calculated for 10 different currencies and for 15 different maturi
Companies Cost Audit Order, 2011
Ministry of Corporate Affairs has issued various Cost Audit Orders in Financial year 2011-12, some of which applicable from Financial Year 2011-12 itself and some become applicable in Financial Year 2012-13. Various industries are being brought
Indian investors needs communication - Beyond Awareness
Indian economy has been recently downgraded by global rating agency. Well that is the half hearted knowledge being carried by one simple investors, broker and among the financial community.Well why half hearted and where are the loopholes between i
Applicability of Cost Accounting Records and Compliance Certificate
MAINTENANCE OF COST ACCOUNTING RECORDS As per notification issued by Ministry of Corporate Affairs, dated 3rd June, 2011; The Companies (Cost Accounting Records), Rules 2011 shall apply to every company, including a foreign company, which is engag
Landmark judgement in competition act explained
Introduction In the month of June 2012, competition commission had passed a judgment (Case no 29/2010 Builders Association of Indias case) in a complicated case which involved interpretation of economic variables and substantial que
Stamp duty on transfer of shares
Introduction As per Indian Stamp Act,1899, Stamp duty is payable on instruments and an instrument has been defined as any document
November 12- It is all about earning respect!
It is all about earning respect!! 18th August, 3.50 am 2Silver and 4 Bronze i.e. London Olympics has given us 6 new names to cheer for next 4 years. But what about the other 77 athletes who competed in 13 sports!! You know Olympics are very much
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