CAclubindia Articles

Revised Schedule VI Head Wise Classification Concepts

MOHAMMAD SALIM 10 October 2012 at 11:28

As we know the Revised Schedule VI has introduced a concept of classified balance sheet. Para 1 and 3 of General Instructions for preparation of Balance Sheet defines current assets / non-current assets and curre

Finalization of Balance Sheet (Part - II)

SANYAM ARORA 10 October 2012 at 11:27

Greetings of the Day to all the members of CCI Family. So as promised I am back with the Part 2 of my series i.e. Finalization of Balance Sheet. The link for my previous Article is given below - Finalization

Accounting Treatment of Forward Cover in Different scenario

Nirmal Shah 09 October 2012 at 11:25

In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to

Note on Sale of Shares held by promoters through the secondary market

Ajay Mishra 09 October 2012 at 11:14

INTRODUCTION The Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 deal with the maintaining minimum public shareholding of 25%. The Ministry of Fin

Sow a thought

Rahul Jain 09 October 2012 at 11:05

In any field Business/practice or even in personal life Our Commitment and Honesty matters a lot in our success. I had a instance few days back....Few days backwe I was travelling to Shilma with my friends.... while we boarded at Shimla my friends

All about resolution

Amita jhunjhunwala 08 October 2012 at 11:55

All about Resolutions under Companies Act, 1956 Resolutions are records of formal agreement or decisions of shareholders or directors or managers, to carry out certain changes, generally denoted or prefixed by the word RESOLVED. Exam

Specific Issues in Revised Schedule VI - Part - II

CA Sourabh Agarwal 08 October 2012 at 11:54

In continuation of earlier article on topic Specific Issues in Revised Schedule VI, I am now here to discuss certain issues on Assets Side of Balance Sheet. Here we have a residual head named as Other Non Current Assets&

Provisions relating to Certain Income of Non Residents

S Jananikrishna 08 October 2012 at 11:54

Hi all, I would like discuss some provisions relating to Non Residents. Often we come across, the following incomes of Non Resident for filing return of Income under the Income Tax Act 1961: a) Investment Income and, b) Long Term Capital Gain Firs

Interest u/s 234A, 234B and 234C

Tony John 08 October 2012 at 11:54

Interest u/s 234A, 234B and 234C. Know how much interest required to be paid if delay in filing of tax returns, delay in payment of Advance Tax and deferment of Advance Tax.

Approach to Understand Central Excise

Madhukar N Hiregange 08 October 2012 at 11:54

This paper provides the birds eye view of the law and practice of central excise and is focused on the individual who wishes to understand the basics. The defini