CAclubindia Articles


You decide importance of Majority and resolutions in your business

Posted by CA Umesh Sharma 17 November 2014 12508 Views

Karniti part 63You decide importance of Majority and Resolutions in your BusinessArjuna (Fictional Character): Krishna, In Maharashtra State discussion on proving Majority and resolution for proving trust in Government is going on. Its for the



The Row over Constitutional Validity of Service Tax on Restaurant Services

Posted by CA.Manindar Kakarla 17 November 2014 16022 Views

Introduction:Constitutional validity of service tax levy on restaurant services has turned out to be one of the contentious issues. This issue has its origin somewhere in early



Yahan aisa hi hota hai (Monkey see, monkey do)

Posted by CA Nayan Gupta 17 November 2014 24658 Views

I have recently joined Industrial Training in one of the companies in Gurgaon. I joined in between a month so at the time of calculation of first stipend, I found something wrong. As per me the amount of stipend should have been calculated for 22 day



Service tax on Restaurants and Hotels

Posted by Bimal Jain 17 November 2014 47246 Views

Dear Professional Colleague,Service tax on Restaurants and Hotels - We are sharing with you an important judgment of Division Bench of the Hon’ble Kerala High Court in the case of Union of India and Others Vs. Kerala Bar Hotels Association and



Fast Track Issue

Posted by Anusha 14 November 2014 81485 Views

Hello Friends!Today when I was reading through the SEBI (ICDR) Regulations 2009, I came across a interesting mechanism of SEBI called Fast Track Issue (FTI) and immediately I started reading in detail about this. Till I read about FTI, whenever I rea



Are we are doing good to ourselves by taking coachings?

Posted by CA Nayan Gupta 14 November 2014 25837 Views

I will try to keep this article very short and crisp. Being a CA student, this thought comes to my mind several times that Are we are doing good to ourselves by taking coachings?. This is not some extra-ordinary question and I am sure t



Applicability of CST/ K-VAT on E-Commerce Transactions

Posted by CA Roopa Nayak 14 November 2014 36448 Views

Introduction The business model of e-com firms is they provide a platform for enabling sellers of goods to be able to sell without bou



Frivolous Appeals filed by Department

Posted by CA SUDEEP VIJAY CHHALLANI 14 November 2014 13341 Views

It is beyond any doubt to state that Income Tax Act, 1961 governing statute for Income Tax in India is one of the most intricate sta



Foreign Bank Accounting Terms

Posted by CA Bhavin Shah 13 November 2014 33598 Views

FOREIGN BANK ACCOUNTING TERMSNostro, Vostro and Loro are Italian terms. These are the most commonly used terms in Forex Markets. For dealing in forex market, Indian Branch should have a current account with the foreign branch dealing in respective cu



NACAS vis-a-vis NFRA

Posted by CA HEMANT SHARMA 13 November 2014 22769 Views

NACAS OF COMPANIES ACT 1956 Vis--vis NFRA OF COMPANIES ACT 2013(National Advisory Committee on Accounting Standard vis--vis National Financial Reporting Authority) As a corporate professional one should be equipped with the knowledge




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