CAclubindia Articles

Loans & Investments by Company under Sec.186 of Cos Act 2013

Posted by CS M.Kurtrala Nathan 30 July 2014 20173 Views

Investment by company: A company shall unless otherwise prescribed, make investment through not more than two layers of investment companies except if ; (i) a company from acquires any other company incorporated in a country outside India i

Refund of Cenvat Credit for a Service Exporter - An Issue

Posted by CA. SRIKANTHA RAO T 30 July 2014 23150 Views

By CA Srikantha Rao T (B.Com, FCA) Refund of cenvat credits has been an issue which has been plaguing the service sector for the last few years with quite a few amendments being brought about in the procedure for refund ostensibly to ease the refund

E voting - A facility to shareholders

Posted by Vinala Keswani 30 July 2014 15185 Views

The Concept of E-voting is introduced through the new Companies Act, 2013(Hereinafter referred as the Act).What is E-Voting??E-Voting is not defined in the Act. However the explanation has been provided in Rul

In continuation of - A relook of Sec 93 of the CA 13

Posted by Shashikant Sharma 30 July 2014 11487 Views

In continuation of my earlier article on the subject A re-look on the section 93 of the Companies Act, 2013 dated 23rd July, 2014, I would like to share with you recent updates of MCA.MCA has amended the Companies (Management and Admini

Private Placement - A Summary

Posted by Sreeram 30 July 2014 16961 Views

A summary of provisions of Companies Act, 2013 for Private Placement read with Rules issued thereunder The preferential offer shall be made in accordance with the provisions of the Act (Sec 42 & 62) and rules made thereunder (Chapter-3 Rule 14 &

Reasoned orders and principle of fairness in administrative actions-a need of the hour

Posted by Amit Bajaj 29 July 2014 4508 Views

It is the general tendency of the adminstrative authorities more so of the tax authorities to pass non-speaking orders or to pass orders in violation of principle of fairness and rules of natural justice, without giving any opportunity of being heard

MCA Updates: Amendment in the Companies Rules, Companies Sixth Order, 2014

Posted by CA. V.M.V.SUBBA RAO 29 July 2014 10370 Views

MCA has issued two very important updates: i. Amendment in the Companies (Management and Administration) Rulesii. Companies (Removal of Difficulties) Sixth Order, 2014 The details are given below: Amendment in the Companies (Management and Administra

Changes in depreciation under new Companies Act, 2013

Posted by CA Sagar Khubchandani 29 July 2014 31962 Views

With new Companies Act 2013 round the corner and vigorous environment of analysis going on as to its impact on financial statements of the company,here is the analysis of one of the most vital elements, a non cash expenditure that impacts profitabili

Important Certifications for Finance & Accounts Professionals

Posted by CA Vijeta Verma 29 July 2014 19873 Views

Now a days, when there is cut throat competition in every field,nobody can afford to rely on either college studies or study materials. Almost every company gives high weightage to practical knowledge, no matter whether you are a CA/CWA or a MBA fro

Why & for whom Income Tax return Filing before 31st July is mandatory?

Posted by CA Umesh Sharma 29 July 2014 11619 Views

Karniti Part: 47Why & for whom Income Tax return Filing before 31st July is mandatory? Arjuna (Fictional Character): Krishna, 31st July 2014 is near and many taxpayers are hurrying up for filing income tax returns. What are the poin