Community & General Articles

Ignorance of law is an excuse

Posted by sivadas chettoor 12 September 2012 40762 Views

INTRODUCTION :- Law is all pervading. Almost all your actions are regulated by law except a few. We have all sorts of law like personal, family, civil, criminal, revenue, commercial, taxation, public and private int

Wealth Tax Act,1957

Posted by CA Tejas Andharia 08 September 2012 41209 Views

Basic Concepts: Charging Section 3: Subject t

Insurance- a Financial Planner?

Posted by CA Jahanvi Trivedi 07 September 2012 7914 Views

Hello everyone. This time I have come back with a series of some technical articles on a very important and must know concept of our life. Every one knows about insurance very well. It is protection against contingencies. If any uncertain event ha

Analysis of Judgment of Supreme Court on Sahara

Posted by G S Rao 06 September 2012 31484 Views

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

Posted by CA Tejas Andharia 05 September 2012 21304 Views

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

Posted by G S Rao 03 September 2012 12535 Views

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

Posted by samir lodha 03 September 2012 20167 Views

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

Posted by CMA Arif Farooqui 30 August 2012 17381 Views

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

Posted by Indraneel Sen Gupta 30 August 2012 7506 Views

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

Posted by CMA Arif Farooqui 30 August 2012 109228 Views

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