CAclubindia Articles

Cognizance to Ind-AS in India by introducing new CA 2013

Posted by Vivek Sharma, ACA 24 June 2016 26501 Views

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?

Posted by Rakesh Nangia 24 February 2015 13230 Views

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

Posted by CA Sagar Khubchandani 20 February 2015 22918 Views

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

Posted by Sahil Jolly 19 February 2015 19080 Views

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

Posted by Bimal Jain 19 February 2015 20777 Views

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

Posted by CA Sripriya K 19 February 2015 30519 Views

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

Posted by CA N RAJA 05 July 2016 73275 Views

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

Posted by Shivanand Pandit 18 February 2015 25391 Views

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

Posted by CS Vasudev Sharma 18 February 2015 20523 Views

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

Posted by CA Sripriya K 18 February 2015 135897 Views

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