CAclubindia Articles

Resolutions to be passed to reduce filing fees of MGT14

Posted by CA Nitesh Kumar More 30 August 2014 25285 Views

RESOLUTIONS TO BE PASSED TO REDUCE FILLING FEES OF MGT14 of small & medium size companies, if draft exemption is not passed in parliament 1) First board meetings of small & medium size companies should pass resolutions in respect of following

Procedure for change in Bank Acc Signatory of a Co

Posted by Ankur Garg 30 August 2014 94065 Views

In my previous article Procedure and documentation for opening of Company Bank Account we had discussed about the basic procedure for opening of Company Bank Account along with 2 sample board resolutions for opening of Company Bank Acco

Whether MVAT TDS is transferable ?

Posted by Gopal Navandar 29 August 2014 15512 Views

Whether MVAT TDS credit can be transferred in favour of Sub contractor?-Guiding sections are sec. 31(4) and Sec.45(4) of MVAT ACT., rule 50, Form 406, 407,408,409.- Unlike Income tax, TDS under MVAT is single point, hence intention of legislature is

Draft Board resolutions to be passed in first board meeting

Posted by CA Nitesh Kumar More 29 August 2014 27275 Views

Note: if you are required to file DPT4 , a resolution should be passed authorizing a director to file DPT4. Such approval can be in either First Board meeting or in subsequent board meeting. Similar requirement is for the granting or borrow of Loan o

Demand u/s 143 (1) by inc tax dept and rectification u/s 154

Posted by CA. Brijesh Baranwal 29 August 2014 34627 Views

Income Tax Return filing season for certain class of assessees including individuals not falling under tax audit provisions has just been over and by now the Income Tax Depar

Procedure for change in name of the company under CA 2013

Posted by Ankur Garg 29 August 2014 272869 Views

Dear Professional Colleague, A companys name is considered as identity of the company (Public or Private), which may be changed with the approval of members in the general meeting. According to section 13(1) of the Companies Act, 2013, a speci

Strategy to crack CA Final exam by rankholder

Posted by manoj 29 August 2014 68308 Views

Hello friends,I am CA Manoj Bothra; secured AIR 44 in CA Final May 2014 Exam.I am here to share a strategy to crack CA Final Exam in First Attempt and study plan. First thing first, you should have at least a period of 6 month to prepare. During thi

Procedure and documentation for opening of Co Bank Acc

Posted by Ankur Garg 28 August 2014 17185 Views

Dear professional Colleagues, Opening of Company Bank Account is not a very long and tedious task as most of the work performed by Bank officials. Answer of few questions to be decided by the company before proceeding towards opening of bank account.

Career Options for Chartered Accountants

Posted by Hetvi Sheth 28 August 2014 51335 Views

For us Chartered Accountants, passing CA exams is like achieving a milestone, well...it indeed is! However, as and when we advance by working in our respective domains whether it is industry or practice, we realize we need to study further not only

R & R Expenditure in Land Acquisition - An Accounting Debate

Posted by Sanjay Chauhan (IFRS) 28 August 2014 20567 Views

IntroductionWith the growing need to grow, various industrialists in developing nations like India step forward to invest in new manufacturing facilities. One of the key requisite for this activity is Land, on which the upcoming industries will be se