CAclubindia Articles

Company Act,2013 - Auditor - Part II

CA Chirag 06 June 2014 at 13:45

Rotation of AuditorsNewly enacted Companies Act, 2013 comes with a unique feature of Rotation of Auditors. No company can appoint an auditor for a period of more than five consecutive years.The said period of five years is of ten years in case where

Road to Professionalism: Be and Look like a Professional

Amol Gopal Kabra (CA,CS,DISA) 06 June 2014 at 13:44

Having a professional qualification and being a professional is far different. Just qualifying a professional education course does not necessarily give you professionalism. Professionalism is to be learnt in addition to getting the professional degr

Blue Ocean strategy - Making Competition Irrelevant

Lalit Kumar 06 June 2014 at 13:44

Management model is a mode of communication used heavily by professionals and managers by bridging differences in abstraction and providing comprehensiveness. One such strategy is the Blue ocean strategy. The Big picture Blue ocean strategy focuses

Gold Installment Schemes may come under MCA Scanner

CA. Amit G. Chandani 06 June 2014 at 13:44

The new Companies Act 2013 has changed the regulatory face of the corporate India. The new regulatory changes including greater transparency, increased disclosure norms and sea-changes in various provisions like Loans and Deposits have been the large

Marks - A real measure of performance or just a record?

Amol Gopal Kabra (CA,CS,DISA) 05 June 2014 at 13:07

Recently, the results of HSC i.e. 12th Grade have been declared. As usual, there were mixed feelings for the students. Passed students have scored marks as low as 35% to as high as over 98% also. However, if we can see a large number of students are

Taxation of Gifts

CA. Ankit Chandrakar 05 June 2014 at 13:07

GIFT'Gift' is a transfer of a particular movable/immovable property from one person to another without consideration/adequate consideration. TAXABILITYWhere an individual or an HUF receives an amount exceeding Rs.50,000/-,

Throughput Accounting: A new approach to Management Accounting

Hetvi Sheth 05 June 2014 at 13:06

ICAI CA final Management Accounting module makes a slight reference to the concept of Throughput Accounting. On reading various literatures on this concept, it changed my pe

Maintenance and Inspection of documents in electronic form.

CS M.Kurtrala Nathan 05 June 2014 at 12:36

Section 120 of the Companies Act,2013 and Companies (Management and Administration)Rules,2014 deals with the Maintenance and Inspection of documents in electronic form.Any document, record, register, minutes, etc are - (a) required to be kept by a co

Rebate U/s 87A

CA Neil Ganatra 05 June 2014 at 12:34

Section 87A of the Income Tax Act, 1961 was introduced in Finance Act, 2013 to give benefit to a large number of people whose net total income is less than Rs. 5,00,000/-. The rebate under this section is available to resident

How to take Wise decision about Career

CA CS CIMA Prakash Somani 04 June 2014 at 11:45

Everybody talks about one thing, I have to clear my CA exams but have you ever thought beyond CA course i.e. what will be your core area of interest once you become CA!There are n number of options like accounts, Finance, Banking, manufacturing, Serv