CAclubindia Articles

Company Secretary Roles - Management & Policy Making

Manjit Banga 18 June 2013 at 12:04

The demand of Company Secretary course in India is increasing at a very rapid rate. It is mainly because of increasing awareness among the students about this course. Earlier it had not been that widespread as compared to modern times. More and more

Highlights of Companies Bill,2011

Rajat Poddar 17 June 2013 at 11:58

The Bill has 470 clauses and 7 schedules as against 658 Sections and 15 schedules in the existing Companies Act, 1956. The entire bill has been divided into 29 chapters. Following chapters have been introduce

Hedging Loss on FC Forward Contract not Speculation Loss

Ajay Agrawal 17 June 2013 at 11:58

TAX FLASH: CIT v Friends And Friends Shipping Pvt Ltd. - Gujarat High Court S. 43(5): Loss on foreign currency forward contracts by a manufacturer/ exporter is a hedging loss and not a speculation loss FACTS OF T

Recent MVAT Amendments / Changes

CA CS Pawan Jajoo 17 June 2013 at 11:57

The Schedules A,B,C,D appended to Maharashtra Value Added Tax Act, 2002 are amended with effect from 01-04-2013. Further , certain notifications are also amended. These amendments are briefly discussed below Amendments to Schedule A 1 Braille Watch

Right to Information - General Awareness

Gaurav Arya 17 June 2013 at 11:56

An act which came in force in 2005 not remained an act, rather became a revolution. And the act is Right to Information Act, 2005. This act is a sincere step taken by UPA I in its Aim to bring transparency in Government Functioning, which is

Participation by Directors in meeting through Electronic Mode

Ajay Mishra 17 June 2013 at 11:56

The Ministry of Corporate Affairs has been receiving representation from various Industry bodies to recognize participation by directors in meetings of B

Inspirational Cricketing Message for CA CS CMA Students

Ankur Garg 17 June 2013 at 11:56

Hi Friends, We all are aware that professional courses like CA or CS or CMA requires hard work, dedication and commitment. But sometimes we have to face tuff time during our professional journey. There are lots of students who are working really h

A brief on calculation of revenue in case of real estate developers

CA Pawan Kumar 17 June 2013 at 11:56

BackgroundThe term 'real estate' refers to land as well as building. This Guidance Note issued by the ICAI has recommended principles for recognition of revenue aris

Company Secretary & Chartered Accountant - The Difference!

Manjit Banga 13 June 2013 at 12:01

For all those who are still confused about the difference between a company secretary and a chartered accountant: this article would help you in understanding the difference. Many people often get puzzled when they hear about these two terms. Well,

Best Practices - Reply to SCN

Madhukar N Hiregange 13 June 2013 at 12:01

The service tax law has resulted in a large number of disputes [ more than 1 lakhs + pending as on date] mainly due to the fact that the law is changing frequently and drafting has been seen to have many loose ends. The trigger happy attitude of so