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CAclubindia Articles


Ideal Work Place of a Chartered Accountant

  CA Prashant Gupta    10 April 2012 at 11:20

Hello friends, When you start your own practice, the first thing comes into mind is that why the office should be? Whether we require a small space or should be start with a larger space! Where it should be situated, in the mid of the town or a cr



Recent VAT Amendment in State Budget

  CA CS Pawan Jajoo    09 April 2012 at 11:40

Changes in MVAT Act 2002 by the budget A. CHANGES IN TAX RATES : MVAT : 1. The exemption to wheat, rice, pulses and their flours, turmeric, chillies, tamarind, gur, coconut, cumin seeds, coriander seeds, fenugreek and parsley (Suva



Fast Track Exit

  Priyanka    09 April 2012 at 11:39

Who can apply? (i) has not commenced any business activity or operation since incorporation; or (ii) is not carrying over any business activity or operation for last one year before making application under FTE. (i



Suggestions for Consideration for New Industrial Policy

  CA Anil Garg    09 April 2012 at 11:39

The following suggestions may also kindly be considered while finalizing the New Industrial Policy for the state/country:- 1) Abolition of the concept of minimum charges and minimum contract period in power supply agreements by State Electricit



Share Valuation in Merger

  CA Vivek Kumar Mishra    09 April 2012 at 11:39

Today merger & acquisition are very common. In Indian Company Law Merger & Acquisition are governed by section 391-394 of the Companies Act, 1956. For this Honble jurisdictional High courts permission has to be obtained for sanction o



SEBI (SAST) Regulations 2011

  Shanmuga Priya    09 April 2012 at 11:39

SEBI (Substantial Acquisitions of Shares and Takeover) Regulations 2011 In the wake of India emerging as one of the fastest growing economies in the world, Mergers & Acquisitions (M&A) have become one of the most common types of res



Grab your Opportunity as it knocks

  Tony John    06 April 2012 at 13:37

Knock Knock.Who is it?It is me Opportunity.What! Opportunity?But,wait a minute. No. You aren't opportunity.Yes I'm.No you aren't. Because opportunity knocks only once. But you have knocked twice.A simple story to con



Determination of Rate of Service Tax

  Naveen Chand Khulve    06 April 2012 at 13:37

As rate of Service Tax has increased to 12.36% from existing rate of service tax 10.30% from 01.04.2012 so here I am sharing the point of taxation (POT) in such circumstances which must be considered by assessee while issuing invoice. Service was



Getting relief from DRT under SARFAESI Act, 2002

  Durga Rao    06 April 2012 at 13:36

It would be clueless for the professionals at times in answering the queries of the borrowers facing proceedings under The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. If the



Books of Account u/s 209 of the Companies Act,1956

  G S Rao    05 April 2012 at 10:50

Introduction Section 209 is one of the most important sections in the Companies Act, 1956. This section deals with the requirements of maintenance of books of accounts and penalties for non compliance. A detailed analysis of the provisions of Sect