CAclubindia Articles

Appointment of Women Directors

Posted by Kunal R. Sarpal 28 March 2015 19180 Views

Women Directors, yeah, we really need them! Kunal, really, why do you want women ruling the Board too? My reply, why not...? It’s high time we walk the talk and start offering a board seat to all the competent ladies out there. Thanks to SEBI a

Material Procurement - Inventory levels & EOQ

Posted by CMA Poornima Madhava 28 March 2015 28438 Views

Material Procurement Inventory Levels & EOQAn important function of Stores is to requisition materials for replenishment. The following tools help Stores to maintain required inventory and to guide on reorder quantity:Let us discuss each

Impact of Change of Service tax liability structure from partial reverse charge

Posted by Bimal Jain 28 March 2015 19191 Views

Impact of Change of Service tax liability structure from partial reverse charge to full reverse charge on manpower Supply and Security Services in transition periodAs Notification No. 30/2012-ST dated 20-06-2012 has been amended vide Notification No.

Introduction of IND AS Framework

Posted by CA Vivekanand Pote 28 March 2015 19946 Views

Framework for preparation and presentation of financial statements in accordance with IND AS Purpose Sets out the concepts for preparation and presentation of financial statements in accordance with IND AS Assist in development of future Indian Acc

Risk Management Policy

Posted by Sundharesan Jayamoorthi 28 March 2015 62084 Views

Section 134(3)(n) - Risk Management Policy There was some relief when the regulators relaxed the reporting requirement of Internal Finance Control (IFC) under section 134(5)(e) of the Companies Act, 2013 (the Act) which is applicable for listed comp

What is domestic transfer pricing?

Posted by Karan Khatri 27 March 2015 24126 Views

INTRODUCTIONApplicability of transfer pricing provisions was earlier limited to International Transactions only. With effect from 01.04.2013, the scope of Transfer Pricing provisions is extended to Specified Domestic Transactions and is

Loan to Directors- Section 185

Posted by Monika Jain 27 March 2015 22098 Views

New Company law puts a complete prohibition on grant of loans to Directors and persons in which such directors are interested except a few exceptions. Further the section is applicable on all types of companies, be private or public. Section 185 proh

Inflation- Still too big to ignore

Posted by CA. Saket Ghiria 27 March 2015 8937 Views

The entire campaign of Bharatiya Janta Party (BJP) for the 2014 General Elections was surrounded towards the revival of economy and Modi Government reaffirmed its promises on the very day of taking oath for the government. To attract growth, it is es

How many previous years Income Tax returns can be filed after due date?

Posted by CA Umesh Sharma 27 March 2015 37862 Views

Karneeti Part 81How many previous years Income Tax returns can be filed after due date? Lets remove confusion. Arjuna (Fictional Character): Krishna, just a few days are left for the end of financial year 2014-15. Some lethargic tax pa

An Overview to Maharashtra Budget 2015-16

Posted by gopal Santosh Darak 26 March 2015 17242 Views

Finance Minister Shri.Sudhir Mungantiwar of BJP government Maharashtra has presented his very first budget on Wednesday, 18’Th March 2015.State government of Maharashtra has presented budget on the lines of the Central government’s Budget