CAclubindia Articles

Finance Bill 2014 got Presidential assent on 6th August 2014

Posted by Sushil Kr Goyal 09 August 2014 28264 Views

Following changes as proposed by the Finance Bill 2014, became applicable. Amendment - Finance Act, 1994 1) Time limits for adjudication: Time limits for completion of adjudication: (i) 6 months from date of notice, in bonafide cases and(ii) 1 year f

Auxiliary Educational Services - Butchered by Rationality

Posted by CA.Manindar Kakarla 09 August 2014 17879 Views

Introduction:Budget 2012 has extended a great benefit to educational institutions by providing exemption for renting and auxiliary educational services provided to or b

Procedure for change in registered office - Part 1

Posted by Ankur Garg 09 August 2014 187576 Views

Every business organization has a principal place of business activities, which in case of a company called its registered office. The address of the situation of the registered office is very important from general public, shareholders, customers an

Postal Ballot under Companies Act and Listing Agreement

Posted by CS DHANAPAL 09 August 2014 42320 Views

"In the Indian scenario, postal ballot is a relatively a new concept which was introduced in the Companies Act, 1956 by insertion of a new Section, namely Section 192A through an amendment made to the said Act in year 2001. The Companies Act, 195

Procedure to raise capital for unlisted companies under New Companies Act

Posted by CS Divesh Goyal 08 August 2014 23762 Views

1. PROCEDURE FOR ALLOTMENT OF RIGHT ISSUE OF SHARES: Call a Board meeting by issue notice of meeting. (Draft Format Attached) Approve right issue including letter of offer, which shall include right of renunciation also.(At

Appointment of Additional, alternate and nominee director

Posted by CS M.Kurtrala Nathan 08 August 2014 13889 Views

Section 161 of the Companies Act,2013 deals with the Appointment of Additional Director, Alternate Director and Nominee Director Additional Director: The articles of a company may confer on its Board of Directors the power to appoint any person, othe

'General' audit under Service Tax Rules - Ultra Vires

Posted by CS Aditya Singhania 08 August 2014 21183 Views

General audit under Service Tax Rules Ultra Virus Delhi High Court 4th August, 2014 Rule 5A(2) of the ST Rules, 1994 provides that every assessee has to provide to the officer authorized by the commissioner or CA

Education System for Super Power India

Posted by CA Rajesh Pabari 08 August 2014 13359 Views

The moments of inspiration for this article - It was 9th July, 2014, I was checking my Facebook newsfeeds wherein I found this status update from a student Our reaction when four lectures of presentation got cancelled..Wopppppppppieeee

Related Party Transaction under Co. Act, 2013 (Sec- 184, 188 & 189)

Posted by CS Divesh Goyal 08 August 2014 52137 Views

Section: 184 Disclosures of Interest by Directors: (1) Every Director Shall disclose his by giving a Notice In Writing In Form MBP 1. - At First BM in which he participate as director AND- Thereafter, At First BM of Every Financial Year OR- Whenever,

Failure to deduct tax at source - disallowance restricted to 30%

Posted by rajat aggarwal 07 August 2014 20866 Views

As per the existing provision of section 40(a)(ia), any payment made by way of interest, commission, brokerage, rent, royalty, fee for professional services, fee for technical services, payment to a contractor or sub-contractor on which tax is ded