CAclubindia Articles

Be wise, when making decisions

Posted by Shivanand Pandit 16 February 2015 19294 Views

Life is full of decisions, and we make a number of them every day.The decisions we make range from the trivial to crucial. What we decide will determine the kind of person we become later. Of all the precious and exquisite life proficiencies an abili

Cricket and income tax, what is similarity, you must know it

Posted by CA Umesh Sharma 16 February 2015 20117 Views

KARNEETI Part 76Cricket and Income Tax, what is similarity, you must know it.Arjuna (Fictional Character): Krishna, the 11th Cricket World Cup has been started in Australia. In these days 14 countries will compete against each other. In Cricket there

Section 73&76 of companies act not mandatory

Posted by ANMOL JHA 16 February 2015 28915 Views

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 2(31) of the Companies Act,2013, defines deposit and according to the definition all receipts of money by a company have been

Repayment of deposits u/s 74 of companies act, 2013

Posted by Raghavendra Chakravarthy 14 February 2015 23635 Views

Dear professional colleagues, Firstly I wish to thank Mr. Anmol Jha for bringing out this controversial topic to enlighten the professionals. I am herewith posting my understandings and comments, fo

Further issue of share capital u/s 62 CA,2013- Part-II

Posted by CS M.Kurtrala Nathan 13 February 2015 15414 Views

Section 62 of the Companies Act,2013 deals with the Further Issue of share capital to Employees under Employee Stock Options Scheme and to any persons on preferential basis. In my previous article (Part I), I have discussed about the Issu

Further issue of share capital u/s.62 of co. act, 2013- Part-I

Posted by CS M.Kurtrala Nathan 12 February 2015 21604 Views

A company (including Private company) having a share capital can increase its subscribed capital by issue of further shares to persons who are holders of equity shares of the company in pr

Budget 2015: Stepping stone to simplification?

Posted by Pradeep Jain 11 February 2015 17370 Views

As the budget session 2015 is approaching, the nation is garnering its own expectations. The assessees falling under the indirect tax net are no different. Struggling with the high end compliances and to cope up with the difficult rules to adhere, th

How can financial applications help in achieving business objectives?

Posted by Tulasi S Sastri 11 February 2015 15849 Views

General perception is that Financial Applications are mainly meant for book keeping, and that they do not have much relevance from business perspective. Probably this was true decades ago, when accounting was manual, historical, and produced financia

Repayment of deposits u/s 74 of the companies act

Posted by ANMOL JHA 11 February 2015 40829 Views

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 74 of the Companies Act,2013, provides that any deposit accepted before the commencement of the Companies Act,2013, needs to b

How to write answers in CA exam

Posted by mahendra jangid 10 February 2015 67956 Views

While we all know how do we write answers in exam, it is very important to know how to write an answer in a professional exams in a professional manner like CA. Many of you may not take it seriously but believe me it i