CAclubindia Articles

Companies will not be able to receive share app money in cash

Posted by CA Nitesh Kumar More 08 November 2013 162817 Views

Penalty upto 2 crores: Private/Public Ltd. Co. will not be able to receive share application money in cash, utilize share application money for business & will have to open separate a/c for share application Many of the private limited compani

The Role of corporate governance in coping with Financial Crisis, Corporate Scandals and Failures

Posted by CS Suhita Mukhopadhyay 08 November 2013 15409 Views

Corporate greed & corruption witnessed in the Rs. 1.76 lacs crore 2G scam, which involved many large businesses last year only got bigger this year with a host of other cases grabbing the limelight. Be it the much bigger Rs.1.86 lacs coal scam,

Third Group of CA Exam!

Posted by Sarthak Goyal 07 November 2013 50584 Views

We all study Accounts, Law, Audit, Cost, DT, IDT, SFM and ISCA. But why is it so that only handful are able to pass them? Some say, my DT is weak, I cant understand the concepts of SFM or some blame it on ISCA or Audit. But do you really think Accou

Shastrarth: Taxation of Gifts on Diwali

Posted by Abhinav 07 November 2013 24399 Views

Shastrartha: Taxation of Gifts received on Diwali Man: Hey Lord! The festival of Diwali has brought us closer to our relatives. The exchange of blessings, gifts, sweets arouses the love that exists amongst us. God: It is good to enjoy but never fo

Top 5 myths related to exams

Posted by CA Chiranjiv Kumar 06 November 2013 44694 Views

I have seen many aspirants of CA/CWA/CS worrying about MANY things. And when I stress many I really means many. Being a professional student we have enough senses to judge whether a given statement is true or false and if we cant judge then r

Can a company give loan to its group companies?

Posted by CA Nitesh Kumar More 06 November 2013 73773 Views

Many corporate including Pvt Ltd Cos have other related group companies and they transfer money to & from other company as and when require. Stop doing th

Karniti Part9: Starting New Business! Follow the Laws!

Posted by CA Umesh Sharma 05 November 2013 17635 Views

Arjuna: Dear Krishna, After Laxmipujan, on Padva, New Year is starting. Many new business ventures and activities are inaugurated on this auspicious occasion. In Diwali festival this day have a great importanc

Sensex and Nifty calculation simplified

Posted by CA Chiranjiv Kumar 05 November 2013 105102 Views

Have you ever wondered what the SENSEX and NIFTY is? How are they calculated? SENSEX i.e. Sensitive Index is the benchmark index of Bombay Stock Exchange (BSE) composed of 30 of the largest and most actively-traded stocks of BSE. Calculation Method

Winding Up of the Company - a quick summary

Posted by CA Chiranjiv Kumar 05 November 2013 30325 Views

I know about voluntary winding up, tell me the cases in which there is compulsory winding up? 1. Default is made in holding statutory meeting and filing report (winding up at courts discretion). 2. Business is suspended/not commenced f

Appearing in CS and Bcom exam on same day

Posted by Guest 05 November 2013 38057 Views

Every new challenge brings in new opportunity and pursuing opportunity leads to richer experience in life. I have always enjoyed studies and writing exams has been a crazy hobby for me.