CAclubindia Articles


An Overview to Maharashtra Budget 2015-16

Posted by gopal Santosh Darak 26 March 2015 17256 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



Ready referencer on bank audit- 2015

Posted by CA Amresh Vashisht 26 March 2015 21592 Views

The Institute of Chartered Accountants has already issued 660 Page Guidance Note Bank Statutory Audit 2015.The publication is a regular annual publication with the foreword note of new President in Office. This is the Tenth Edition. The first Edition



Tendering audit services is a menace to the CA fraternity

Posted by CA Amresh Vashisht 26 March 2015 11958 Views

The latest quote price of Rs 2 per month per panchayat at Madhya Pradesh has once again shattered the profession heart & soul. Thank GOD this time, its double to 2012 rates, where the lowest tender for primary school audits was Re 1 per sc



Provision relating to auditor under new Companies Act

Posted by CS Divesh Goyal 25 March 2015 20176 Views

PROVISONS RELATING TO AUDITORPROVISIONS ON AUDITORSUNDER COMPANIES ACT, 2013 I have earlier discussed the many provisions relating to auditors in my earlier articles. Earlier published articles are as following: I. Appointment of AuditorII. Resignati



Should the company re-pay the deposits

Posted by CS MOHIT SALUJA 24 March 2015 19232 Views

As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT-4 in this Financial year declaring that the companies has such and such amo



"All" is not well - Compliance of Applicable laws is sick

Posted by Sundharesan Jayamoorthi 24 March 2015 20278 Views

The dictionary meaning of the word ALL means the whole quantity or extent of a particular group or thing and the adverb means completely, fully, entirely, totally, wholly, absolutely, utterly, outright, thoroughly. In Companies Act, 201



Sec 139 of Companies Act

Posted by MANSHI BAID 22 November 2023 338296 Views

SEC 139 - APPOINTMENT OF AUDITORSec 139(1)Sec 139 of the Companies Act 2013 provides that every company shall appoint an individual or firm as an auditor of the company at the first AGM . The person so appointed shall hold the office from the conclus



Penalty and punishment for auditors

Posted by CS Divesh Goyal 23 March 2015 19043 Views

PENALTY & PUNISHMENT ON AUDITORSUNDER COMPANIES ACT, 2013 A. Contravention of Provision of Section 139-146: (Attendance in General Meeting): If any provisions of this Section contravene then: Penalty on Company: The company shall be punishable wi



Women Director-Countdown Begins

Posted by Guest 23 March 2015 9767 Views

Companies Act, 2013 along with Companies (Appointment and qualification of Directors) Rules, 2014 had made it mandatory for the following class of companies to have at least one women director in their Board: a) All Listed Companies b) Every Public



We can't be serious about ease of doing business in India

Posted by CA Anil Garg 23 March 2015 9750 Views

World Bank has been reporting its Ease-Of-Doing-Business rankings for a long time showing India in a dismal light, even in comparison with its immediate neighbours or even with South East Asia averages. The fact that South East Asia itself is no big




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