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CAclubindia Articles


Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws

Posted by CA Umesh Sharma 07 April 2014 10817 Views

Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo



Tax on restaurants

Posted by Danish 07 April 2014 19592 Views

Restaurant BillNowadays Restaurant bills are quite confusing for everyone, after having a delicious dinner Restaurant bill makes you uncomfortable. because of too much tax collected on bill, around 30% above the menu price, and if you ask to Restaura



Related Party Transactions under the New Era

Posted by CS DHANAPAL 05 April 2014 31156 Views

Companies Act, 2013 has unveiled a new era in the Indian Corporate Sector which places more reliance on disclosure norms rather than on approvals. One such area is related party transactions. While the Companies Act, 1956 warranted appr



Companies Act - 2013: Rotation of Auditors

Posted by CA. Amit G. Chandani 05 April 2014 293587 Views

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions relating to rotation of auditors/audit firm w.e.f. 01st April, 2014. Changing nearly six dec



Impact of Companies Act, 2013 on Private Companies

Posted by CS DHANAPAL 05 April 2014 249329 Views

Companies Act, 2013 has brought massive changes for private companies as barring a very few, all the exemptions which were available to private companies under the Companies Act, 1956 have been withdrawn in the Companies Act, 2013. In this article, w



Draft rules and future of CS. Much ado about nothing

Posted by Rohit Jain 05 April 2014 18349 Views

The Institute of company secretaries of India is one of the largest professional bodies in the world in the development of corporate secretaryship. One does not need to repeat that the companies act 2013 has thrust the company secretary to the positi



Highlights on CSR Provisions notified on 27.02.2014

Posted by CS DHANAPAL 04 April 2014 15739 Views

Effective Date for CSR Applicability Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st Apr



New provisions applicable wef 1st April under Co Act 2013

Posted by CA Nitesh Kumar More 04 April 2014 71739 Views

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R



Companies Act, 2013: Analysis relating to Audit & Accounts

Posted by Mohit Jain 04 April 2014 34093 Views

Basis Provisions of Companies Act, 2013 Final rules Remarks/Difference vis--vis draft rules Relating to Audit and Auditors Chapter-X [Companies (Audit and Auditors) Rules, 2014] Manne



How does it affect you if you miss to file the income tax return

Posted by Ramalingam K 04 April 2014 18778 Views

The tax payers, auditors and tax masters go extremely busy filing taxes and working on refunds in July. 31st July is the cut off for filing your returns which is set by the central board of direct taxes. Not only tax filing process has become easier




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