CAclubindia Articles


Section 194DA clarification needed

Posted by Rajesh Kumar Gupta 17 February 2015 181652 Views

Applicability of various provisions of Income Tax Act 1961 to Insurance policies: Also a debate over newly inserted section 194DAA brief DescriptionWith a view to inculcate a habit of thrift, GOI, has through Income Tax Act 1961 and various Finance A



Black money

Posted by CA Raj K Agrawal 16 February 2015 37060 Views

Black money refers to funds earned on which income and other taxes have not been paid. This money is largely accumulated from: 1. Lower income declared by Businessman in Income tax returns. 2. Money of Politicians & Government official created fr



Standard operating procedure for prosecution in cases of TDS/TCS default

Posted by CA SONIYA AGARWAL 16 February 2015 31388 Views

Two categories of cases for prosecution in TDS related offences: LIST A - MANDATORY PROSECUTION :-TDS of more than Rs. 1,00,000 deducted but not deposite



Be wise, when making decisions

Posted by Shivanand Pandit 16 February 2015 19297 Views

Life is full of decisions, and we make a number of them every day.The decisions we make range from the trivial to crucial. What we decide will determine the kind of person we become later. Of all the precious and exquisite life proficiencies an abili



Cricket and income tax, what is similarity, you must know it

Posted by CA Umesh Sharma 16 February 2015 20137 Views

KARNEETI Part 76Cricket and Income Tax, what is similarity, you must know it.Arjuna (Fictional Character): Krishna, the 11th Cricket World Cup has been started in Australia. In these days 14 countries will compete against each other. In Cricket there



Section 73&76 of companies act not mandatory

Posted by ANMOL JHA 16 February 2015 28926 Views

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 2(31) of the Companies Act,2013, defines deposit and according to the definition all receipts of money by a company have been



One Person Company - An Introduction

Posted by CA Sripriya K 22 April 2021 25466 Views

Section 3 of the Companies Act deals with the Formation of Companies. The corresponding section of the erstwhile Act was Section 12 – Mode of forming incorporated Company. 



Repayment of deposits u/s 74 of companies act, 2013

Posted by Raghavendra Chakravarthy 14 February 2015 23646 Views

Dear professional colleagues, Firstly I wish to thank Mr. Anmol Jha for bringing out this controversial topic to enlighten the professionals. I am herewith posting my understandings and comments, fo



In "Shell" fish Co.! making most of shell companies!

Posted by Kunal R. Sarpal 22 July 2016 18637 Views

This one is for the start-up guys or the veterans who want to steer clear of the pains of starting a Company from the scratch.To lay down the steps for you, forming a Company, Listing it, getting all the licensing for it, building its goodwill, getti



Further issue of share capital u/s 62 CA,2013- Part-II

Posted by CS M.Kurtrala Nathan 13 February 2015 15420 Views

Section 62 of the Companies Act,2013 deals with the Further Issue of share capital to Employees under Employee Stock Options Scheme and to any persons on preferential basis. In my previous article (Part I), I have discussed about the Issu




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