CAclubindia Articles

We are abusing logic to our own peril

CA Anil Garg 02 June 2014 at 11:13

We believe that Indians are next to none in caliber. Individually, Indians are easily discerning in their intelligence which made Obama caution his countrymen to be wary of Indians and Chinese who are cornering most of higher education seats. But col

Secretarial Audit - An Overview

Guest 31 May 2014 at 11:53

Introduction: Secretarial Audit is a process to check compliance with the provisions of various laws and rules/regulations/procedures, maintenance of books, records etc., by an independent professional to ensure that the company has complied with th

List of Resolutions to be filed with ROC in form MGT.14

Ankur Garg 31 May 2014 at 11:52

Dear Professional Colleagues, An attempt has been made from my side, through this brief write up, to list out the resolutions and Agreements which are required to be reported to ROC through filing of form-MGT.14 as desired by Section-117 of the Compa

Loan given by Holding Co. to Subsidiary Co. does not always attract Sec.185

CA Nitesh Kumar More 31 May 2014 at 11:52

There is a general conception that if subsidiary co do not utilize loan given by its holding co for its principal business, provisions of sec 185 is attracted each & every time. In other words, if loan given or guarantee given or security provide

Hedging: A Few Simple Considerations

Hetvi Sheth 31 May 2014 at 11:52

With the market uncertainty, risk management has always been a major concern for the corporate world. CFOs and finance managers go through sleepless nights in trying to manage risks and face challenges and decisions on daily basis since no one knows

Karniti Part-38: Make Changes in MVAT, to please businessmen Voters

CA Umesh Sharma 29 May 2014 at 16:58

Arjuna (Fictional Character): Krishna, recently voters expressed their strong willingness for change and changed Central Government. Voters and Taxpayers have many expectations from the elected Govern

Understanding Section 80 IB Deduction in respect of Real Estate Companies

Manish Kumar Agarwal 29 May 2014 at 13:23

Background:- Section 80-IB (10) of the Act is aimed at promoting construction of housing projects, so as to address the problem of shortage of dwelling units. The predominant objective of this incentive provision, therefore, is to encourage better av

How to Deal with "Real Exams of Life"

CA CS CIMA Prakash Somani 29 May 2014 at 13:23

Before I start saying anything, I want to ask you a question! What are the real exams of life? Someone will say School, Collage, CA, CS, CIMA Exams, the list is never ending however I would say THE LIFE ITSELF IS A REAL EXAM (My words). Agreed! Yes,

The Simple Expectations From New Hon'ble FM

CA Satish Badve 29 May 2014 at 13:23

When the new Finance Minster takes oath, I started thinking my expectations which are not fulfilled since long. These expectations are not require any provision in the budget, any allocation increase, any allotment in Five Year Plan. However, will r

Procedure for appointment of Additional Director in CA 2013

Ankur Garg 29 May 2014 at 13:23

Dear All, As we are aware that Companies Act, 2013 is already in force from April 01, 2014, and every professional is trying his/her best to unlock and decode the provisions of Companies Act, 2013. In this regard an attempt has been made from my side