CAclubindia Articles

Input Service Distributor- Compliance

Posted by Madhukar N Hiregange 03 September 2014 11788 Views

Compliance - Input Service Distributor- Central Excise / Service TaxBy Madhukar N HiregangeBackgroundThe manufacturers in the past few years have often multi locational factories and warehouses to cater to the needs of customers of Just In Time deli

Guidelines for selection of Name of the Company

Posted by Ankur Garg 03 September 2014 64655 Views

Name of the company is an important part of its identity just like in case of Individuals. Selection of Name of the Company is one of the first steps towards incorporation of a Company under Companies Act, 2013. Various new provisions have been intro

Productise Professional Services

Posted by Sundharesan Jayamoorthi 03 September 2014 10849 Views

I had written articles in the past on professional servicestitled “Customising Professional Services”and “Should Professional Services have an MRP”.As I was exploring contemplating on the title for my next topic on profession

MCA notification on Amendment to Sch II of Companies Act 13

Posted by CA Amit Kumar 02 September 2014 114659 Views

MCA notification on amendment to Schedule II of Companies Act; 2013Ministry of Corporate Affairs has amended Schedule II (Useful lives to compute depreciation) of the Companies Act; 2013 by issuing notification dated August 29, 2014. Schedule II of t

Disclosure of Interest by Directors u/s 184 of Cos Act,2013

Posted by CS M.Kurtrala Nathan 02 September 2014 15981 Views

Section 184 of the Companies Act,2013 read with Rule 9 of the Companies (Meetings of Board and its Powers)Rules,2014 deals with Disclosure of Interest by Directors. Disclosure of Interest of by director in any firm or body Corporate: Every director

Provisions for Appointment of director by small shareholders

Posted by Ankur Garg 02 September 2014 34022 Views

Dear Professional Colleagues, In this article we shall discuss the provisions related to appointment of director elected by small shareholders. This is not a new concept as it was also there in erstwhile Companies Act, 1956 to protect the interests o

Dear Vighnaharta, what should be first Income tax return or tax audit report?

Posted by CA Umesh Sharma 02 September 2014 22870 Views

Karniti Part 52 Dear Vighnaharta .., what should be first, Income tax return or Tax Audit report? Please remove the Vighna (complications) Arjuna (Fictional Character): Krishna, the festival of Lord of Wisdom Shri Ganesha is being celebrated

Corporate Board Resolutions in Companies Act, 2013 Part - 2

Posted by Ankur Garg 02 September 2014 111156 Views

Dear Professional Colleagues, Board resolutions are an important part of Indian Secretarial System. All the powers available to the board can be exercised through a board resolution. Further it is very important to draft the resolution in precise and

Compliances for annual filings 2014 - Are you CA 2013 ready?

Posted by Sundharesan Jayamoorthi 02 September 2014 22555 Views

Take care of these issues failing which you may fail on ensuring to be compliant this year for conducting the Annual General Meeting. Section 136 – Circulation of Financial statements • Financial statements, auditor’s report and ever

Reasons for notice u/s 148 before filing of return u/s 148

Posted by CA Paras Dawar 01 September 2014 62863 Views

Assessee Can Claim Reasons For Issue Of Notice U/S 148 Before Filing Of Return U/S 148.Section 148 of the Income Tax Act, 1961 is possibly the most belligerent combat tank in the armory of Income Tax Department. This tank has been further strengthene