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CAclubindia Articles


Meetings & Minutes - Key Changes under the Co.Act, 2013

Posted by CS DHANAPAL 20 June 2014 34522 Views

Key Changes Under The Companies Act, 2013 BOARD MEETINGS 1. Time limit prescribed for holding first board meeting. First Board meeting to be held within 30 days of incorporation. [Section 173(1)] 2. Minimum number of meetings to be held in a year: &b



Tax (Service Tax) Implication of Freelance Work in India - Part 2

Posted by JAINENDRA JAIN 20 June 2014 25674 Views

Before Continuing to the next part, I would like to thanks to readers for the positive response to my first article. Link to my first article: http://www.caclubindia.com/articles/tax-implication-of-freelance-work-in-india-part-1-20778.asp#.U6MUVvmSxH



First Report of the Tax Administration Reform Commission (TARC)

Posted by Bimal Jain 20 June 2014 7681 Views

The Government had constituted Tax Administration Reform Commission (the TARC) headed by Dr. Parthasarathi Shome, in August 2013, to suggests core reforms to the tax adminis



Kaun Banega 'Service Receiver'?

Posted by Member (Account Deleted) 20 June 2014 12377 Views

The title of the article has taken its genesis from the newly introduced Place of Provision of Service Rules, 2012 (for brevity POP Rules). As every person readin



Sec 71 of Income Tax Act - A common man's dilemma

Posted by sksen 20 June 2014 29674 Views

From Assessment year 2005-06, Sec .71 of the Income-tax Act, 1961 (the Act) lay down that a loss computed under the head Profits and Gains of Business or Profession shall not be allowed to be set off against the income assessable under



Serious Fraud Investigation Office - Salient Features

Posted by CS DHANAPAL 20 June 2014 17253 Views

Functions and Powers Companies Act 2013 provides for establishment of a Serious Fraud Investigation Office (SFIO) to investigate into the affairs of the Company on an order by the Central Government and where any case has been assigned to the SFIO, n



Refund to Cement Dealers vis-a-vis impact of after sales discount on Revenue Collection

Posted by PAWAN KUMAR KEDIA 19 June 2014 31358 Views

ITC Refund to Cement Dealers vis-a-vis impact of after sales discount on Revenue Collection.Introduction: Generally Cement Companies announces after sales discounts called ex post facto discount by way of credit notes to cement dealers. As a result



E-voting procedure for shareholders

Posted by CS M.Kurtrala Nathan 19 June 2014 13868 Views

Normally, the company may provide e-voting facility through NSDL or CDSL as an alternative, for all the shareholders of the company to enable them to casttheir votes electronically on the resolutions mentioned in the notice of the general meeting.



Negotiation lessons from the redbus exit

Posted by Guest 19 June 2014 13812 Views

At the time of exit to the Indian arm of the Ibibo group, Redbus had an enterprise valuation of around Rs. 600 crores (USD 125 million). Do you know what was the shareholding of its two founders Phanindra Sama and Charan Padmaraju? Less than 15 perc



Drafting, negotiating the tag along rights

Posted by Guest 18 June 2014 12478 Views

There is a whole lot of commercial lingo or jargon surrounding investment documentation, and much of it finds its way into legal agreements. Terms like drag, tag, liquidation preference, ROFO / ROFR&rs




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