CAclubindia Articles


Section 143 of Co. Act, 2013

Posted by MANSHI BAID 14 March 2015 45041 Views

POWER AND DUTIES OF AUDITOR AND AUDITING STANDARDSSEC 143(1): This section provides that the auditor of the company shall have the right to have access at all the times to the books of accounts and vouchers of the company



Wake up call for companies in the month of March

Posted by CS Divesh Goyal 14 March 2015 33146 Views

The Companies needs to ensure Compliance of following provisions during financial year, 2014115 under New Companies Act, 2013. The below list is not exhausted list and every Company needs to check the applicability of other provisions of the Companie



Is Chinese Yuan the next reserve currency?

Posted by CA. Saket Ghiria 14 March 2015 16619 Views

The very basic desire of human being is to satisfy the ever increasing demand. This want created a mechanism where we exchange our goods and services for the goods and services that we need. This is called Trade. There is here since the



Pay reduced PF administrative charges

Posted by Member (Account Deleted) 14 March 2015 41254 Views

Pay reduced PF administrative chargesReduction in Rate of Administrative Charges from 1.10°/o to 0.85°/o of the pay:The Ministry of Labour and Employment, Government of India, has issued a notificationNo. S.O. 323(E) and S.O. 324(E) both dated 02.02.



Companies Act, 2013- Sec 447 & 448 - Fraud

Posted by CA Sripriya K 12 March 2015 58323 Views

1.Introduction Aspect Intent Result Punishment Sec 447 fraud in relation to affairs of a company or any body corporate, includes any act, omission, concealment of any fact or abuse of position comm



Independent Directors- How much independent in India?

Posted by Ca Jai Prakash Agarwal 12 March 2015 12426 Views

The concept of independent directors is very holy concep



Where is my fundamental right to stupidity?

Posted by CA Anil Garg 12 March 2015 17514 Views

अब जबकि देश उपलब्धियों के दौर से गुज़र रहा है, it is high time de facto is recognized as de jure. After all, civilization and values have not come from God that they cannot be changed, but they have evolved over period of time, and keep changing. Ther



Mortality of independent directors

Posted by Sundharesan Jayamoorthi 11 March 2015 10213 Views

Independent Director is an important character inside any listed companys boardroom and in some of the well-governed companies. Few decades back the independent director used to be hand picked personally by the CEO and the name was recommended



Non friendly provisions of budget for middle class

Posted by CA Satish Badve 11 March 2015 16411 Views

Reasseement U/S 148 Notice of reaseement u/s148 can be issued by Assessing Officer, after the expiry of four years from the end of relevant assessment year. Though, It requires the permission of the higher authority of specific rank, the assessee ne



Cash flow statement (CFS) is mandatory

Posted by SAMEER AHMED 11 March 2015 83014 Views

Earlier Company act 1956 didnt include cash flow statement in the Defination of Financial statement,However as per New Company Act 2013, the Cash flow statement shall to prepare.As per Sec 2(40) for financial statement in relation to a




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