CAclubindia Articles

Procedure for Conversion of Public Company into Private Company under CA 2013

Posted by Ankur Garg 22 September 2014 141031 Views

Dear Professional Colleagues, Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process o

Management Accountancy: A journey from Costing to Accountancy

Posted by CA.Raj Kumar Gupta 22 September 2014 17043 Views

Evolution of Accountancy and costing is quite separate phenomena of the history. Both were never inter-mingled to each other in initial period of their of evolution. Accountancy simply means to write financial transaction and provide summery of the s

A Snippet on Private Equity

Posted by CA Neha Bhuwania 30 September 2014 15430 Views

The term "Private equity" has become a jargon in the world of investment. As per the famous authors Gillian & Wright, "Private Equity is risk capital provided in a wide variety of situations, ranging from finance, provided to busin

Section 186 of the companies Act,2013 and its comparison with the predecessor provision Section 372A

Posted by Guest 22 September 2014 90678 Views

Section 186 of the Companies Act 2013 More rigorous law than Section 372A in the erstwhile 1956 Act- A Study Section 186 in the Companies Act 2014 (herein after referred to as The Act) corresponds to Section 372A in the erstwhil

All about CSR and its key features

Posted by sunil 13 April 2021 9836 Views

INTRODUCTION Philanthropy is certainly not unheard of in India. However, the Companies Act 2013 is the first-known example of a corporate governance law in the country that enacts specific provisions to mandate and secure corporate spend on a set of

Gratuity - Taxation Issues

Posted by Sensys Technologies 22 September 2014 11979 Views

Income tax assumes gratuity as capital receipts and exempts gratuity receipts up to Rs 10,00,000. This means that you need not to pay tax, subject to some conditions, for gratuity receipts up to Rs 10 Lakhs. Gratuity beyond this limit is paid by emp

A Year with Specified Domestic Transaction (Transfer pricing)

Posted by RAGHAV GUPTA 19 September 2014 20824 Views

The Income Tax Act 1961(The Act) as amended by Finance Act 2012 brought specified domestic related party transactions (SDT) within its fold with effect from FY 2012-13 vide section 93BA of the Act and admittedly as with any new legislat

Who says that there are no jobs for company secretaries

Posted by Rohit Jain 19 September 2014 38104 Views

There are not much options when it comes to commerce and finance. Most students pursue either CA/CS/ICWA for achieving the aforesaid objectives. The glitzy part of these belongs undoubtedly to chartered accountants because they have diversified job

CSR - Income Tax Decoding

Posted by Gaurav Jain 19 September 2014 52013 Views

Note on CSR Expenditure The Companies Act, 2013 mandates that certain companies which have net worth of Rs. 500 crore or more turnover of Rs. 1,000 Crore or more or a net profit of Rs. 5 crore or more during any financial year are required to spend

Incorporation Process of Non-Profit making Co. Section 8

Posted by Ankur Garg 19 September 2014 18689 Views

The concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-profit makin