CAclubindia Articles

Substance over Form

Posted by Amol Gopal Kabra (CA,CS,DISA) 09 June 2014 123583 Views

The concept of substance over form is very difficult to understand for the students in the initial stage. Owing to initial confusion many students either keep it in option or even if they study, dont understand it fully. I have made a short at

S. 194A - Co-operative bank need not deduct tax at source on interest paid to its members

Posted by Rupesh Srivastava 09 June 2014 16363 Views

(2014) TaxCorp(LJ) 3362 (ITAT-BANGALORE) S. 194A - Co-operative bank need not deduct tax at source on interest paid to its members even if the amount exceeded Rs\- 10,000 p.a. It was held that 194A(3)(v) applies to a co-op bank and in view of the exe

Section 139 - Appointment of Auditors

Posted by Saurabh Toshniwal 09 June 2014 19155 Views

Chapter X - Audit & Auditors (Section 139 to Section 148)Section 139 (Appointment of Auditors) Appoint at first annual general meeting who shall continue up to conclusion of 6th AGM Ratification by members at every AGM Written consent from Aud

Comprehensive Agenda Items of First Board Meeting in FY 2014

Posted by Ankur Garg 09 June 2014 14302 Views

Dear All, It is a fact that various new provisions / compliance have been prescribed by Companies Act, 2013. Some of these compliances are such where no transition period has been given. For example Section 12(3) and particularly clause (c) which req

Management of risk emanating from usage of social media by financial institution

Posted by Dinesh Darak 09 June 2014 5518 Views

Abstract Nowadays social media is being used by financial institutions for advertising and marketing, product research, facilitating applications for new accounts, providing incentives, inviting feedback from the public and engaging with existing and

Loan To Director - Simplified

Posted by CA Gaurav Mittal 06 June 2014 29381 Views

SECTION 185 & 186 OF COMPANIES ACT, 2013 SIMPLIFIEDPRACTICAL ASPECTS WITH EXAMPLES The section 185 of CA,2013 was notified on 12th September 2013 and was applicable from that day itself. If there is any deviation from the conditions laid under t

Company Act,2013 - Auditor - Part II

Posted by CA Chirag 06 June 2014 19232 Views

Rotation of AuditorsNewly enacted Companies Act, 2013 comes with a unique feature of Rotation of Auditors. No company can appoint an auditor for a period of more than five consecutive years.The said period of five years is of ten years in case where

Road to Professionalism: Be and Look like a Professional

Posted by Amol Gopal Kabra (CA,CS,DISA) 06 June 2014 13037 Views

Having a professional qualification and being a professional is far different. Just qualifying a professional education course does not necessarily give you professionalism. Professionalism is to be learnt in addition to getting the professional degr

Blue Ocean strategy - Making Competition Irrelevant

Posted by Lalit Kumar 06 June 2014 13583 Views

Management model is a mode of communication used heavily by professionals and managers by bridging differences in abstraction and providing comprehensiveness. One such strategy is the Blue ocean strategy. The Big picture Blue ocean strategy focuses

Gold Installment Schemes may come under MCA Scanner

Posted by CA. Amit G. Chandani 06 June 2014 13430 Views

The new Companies Act 2013 has changed the regulatory face of the corporate India. The new regulatory changes including greater transparency, increased disclosure norms and sea-changes in various provisions like Loans and Deposits have been the large