CAclubindia Articles

ICAI (CMA) presents global practice of costing to MCA Expert

Posted by CA.Raj Kumar Gupta 30 September 2014 11445 Views

ICAI (CMA) presents global practice of costing to MCA Expert Committee, will MCA accept? First of all, GOI and MCA have to take a call for setting up policy for compulsory cost audit once again in India. And ICAI (CMA) needs to provide all the requir

Dissatisfied customers can cost you dearer than ever - Thanks to internet

Posted by CA Rajesh Pabari 30 September 2014 11032 Views

Why this article? I feel this article is needed in current business environment where each person is equipped with access to internet, content creation, social media and much more that collectively enables them to speak out and express what they feel

Issue of reversal of Input Tax Credit on Iron and Steel Goods

Posted by Rajeev 9814214503 30 September 2014 14180 Views

Question is:Whether in terms of Rule 21(8) reversal on the stock at the rate of 2.20% i.e. (4.95 minus 2.75 ) of the available Input tax credit on such closing stock should be made? Brief Facts are :Date of Notification of Reduced rate of VATNotifica

Post incorporation works

Posted by CS Divesh Goyal 30 September 2014 14192 Views

In my earlier article (Series-16) Incorporation of Companies & Table of Procedure of Incorporation of Company under Companies Act-2013, I explained detailed procedure for incorporation of company. After Incorporation many works are requir

Real estate for young professionals - not as difficult!

Posted by Sumeet Kapur 29 September 2014 19172 Views

Like many others, we all think real estate investment as something big and far away when we are in early stages of our career. No doubt it is, but it can be made much easier, if you just do some calculations around.A few thumb rules or basic facts t

The Curious Case of PwC and Ramalinga Raju's Satyam

Posted by Sushil krishnan 29 September 2014 33017 Views

Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w

You cant escape these mundane tasks in Seemingly-Interesting Equity Research, Investment Banking & Finance Jobs

Posted by Ashutosh 27 September 2014 30323 Views

I often meet recently cleared or about about-to-be Chartered Accountants. Many a times, I also bump

Salmaan Khan delivers a career advice in his movie 'Kick'

Posted by Nimish Goel 27 September 2014 31864 Views

In his recent movie Kick, Salmaan Khan ends the movie with the dialogue - Main Dil Mein Aata Hoon Samajh mein nahin. Salmaan always has that penchant for delivering whacky dialogues which truly symbolizes his witt

Due date of ITR extended but 234A interest still applicable

Posted by CA Sudhir Halakhandi 27 September 2014 39083 Views

Due Date for filing of return of Income for Assessment Year 2014-15 Extended from 30th September, 2014 to 30th November, 2014 in Specified CasesAs per the provisions of the Income-tax Act, 1961 (the Act), for an assessee, who is require

Procedure for appointment of Alternate Director under CA 2013

Posted by Ankur Garg 27 September 2014 76676 Views

Dear Professional Colleagues, Some time back I shared a write up containing Procedure for appointment of Additional Director under Companies Act, 2013. Statutory provision for appointment of Additional Director is given in Section 161(1