CAclubindia Articles
Cognizance to Ind-AS in India by introducing new CA 2013
Introduction: India has principally agreed to the implementation of Ind -AS by revamping Schedule VI of Companies Act 1956 being the first constructive step in the journey. Many of the new insertions and amendments in Companies Act 2013
Budget wishlist: What govt must do to ease pain of common man?
As February 28 draws closer, a lot of expectation has built up on the tax front as this will be the first full-year Budget to be presented by the Modi government. The government has previously conveyed its intention to simplify the taxation system an
Business model of Indian Premier League
Another buzzing cricket news after World Cup 2015 is that Yuvraj Singh has been sold to Delhi Daredevils for whopping Rs 16 Crores in Indian Premier League (IPL).Not only this time,but he was the most expensive buy at auctions last year as well for R
We the people or we the sitting ducks
Almost all of us go for family outings every now and then and one of the most important activities, without which an outing is not complete, is having a meal at a nice Resta
Non-Authorised service station is not liable to pay Service tax
Dear Professional Colleague,Non-Authorised service station is not liable to pay Service tax on Maintenance or Repair of any part of motor vehicle SC dismissed SLP filed by the DepartmentWe are sharing with you an important judgm
Companies act, 2013- Sec 139- Rotation of auditors
No listed company or a company belonging to such class or classes of companies shall appoint or re-appoint:- An individual For more than one term of five consecutive years An audit firm For more than two terms
Analysis on current ratio
MANU CONVERSATION BETWEEN MANU AND VINU ABOUT CURRENT RATIO VINU Manu Vinu! You are looking very angry. What happened?Vinu Manu! I am sick of our Bankers! They denied working capital loan to our company by just quoting one ratio.Manu What was that
Budget wishlist 2015 - Highlighting various direct tax provisions
Dear Finance Minister, Make India a tax heaven NOW Respected Sir, Its that time of the year when you are preparing next years budget for presentation in parliament. Hopefully this Budget is not just an an
Changes in boards report
CENTURY ENKA LIMITED Comparative Ananlysis of Directors Report as per companies act, 2013 and 1956 Sr.No. Companies Act, 2013 Companies Act, 1956 1 Business/ Financial Highlights Business/ Financia
Sec 138 - companies act, 2013- compulsory internal audit
Introduction and Old Vs New Section 138 of the Companies Act deals with Internal Audit of Companies. This section states that certain classes of Companies shall be required to appoint an internal auditor who shall either be a Chartered Accounta
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