CAclubindia Articles

How to write in CA Exam?

Posted by CA Chirag 21 October 2013 23107 Views

After a lot of time thinking, I decided to write an article on How to write answers in CA Exams. The views are written herein below are purely personal. Somebody agree or somebody might not. Remember following things which are importan

Same activity is not as Manufacture & Service at a time

Posted by Bimal Jain 21 October 2013 7454 Views

Dear Professional Colleague, Same activity cannot be considered as manufacturing and service at a time We are sharing with you an important judgement of the Honble CESTAT, New Delhi, in the case of Jubilant Industries Limited Versus CCE, Ghaz

Significance of Minutes of meetings and principles to be observed while drafting: Part-II

Posted by G S Rao 21 October 2013 16545 Views

Introduction: In my previous article (Part-I), a detailed analysis was made of the provisions of Section 118 of the Companies Act,2013(The Act,2013 or Act )and rules applicable to maintenance of minutes in electronic form. The topic of minutes wil

Section 194H - Principal and Agent Relationship?

Posted by CA Dhruva Kalamanji 21 October 2013 15789 Views

Section 194H Principal and Agent Relationship? In the normal course of business, to gear the sales the manufacture will give many types of incentives (in the form of commission or brokerage) and discount to his dealers. The very

Assets and Debt Management Using ABS and MBS

Posted by CA Arnab chakraborty 18 October 2013 14793 Views

This Discussion is about Asset-Backed Securities and Mortgage Backed Securities and use of it for releasing obligation for a specific fund created with specific purposes, say pension fund. A new Pension Investment committee has been formed

Sole Member/Nominee of a One Person Company (OPC)

Posted by Navin K Mishra 18 October 2013 23109 Views

OPC shall have one Member (Sole Member) and a Nominee (a person who shall; in the event of death or incapacity of original sole Member to contract; become the Member of OPC).

Provisions of Companies Act 2013 (Along with Draft) Relating to Audit & Auditors

Posted by CS DHANAPAL 17 October 2013 77200 Views

Companies Act, 2013 has been published in the official gazette for public information and will become applicable once the Ministry of Coprorate Affairs (MCA) notifies it. Accordingly, MCA has notified 98 sections of the Act on 12th September 2013 fo

Capital Gain Tax Simplified

Posted by CA Pallav Singhania 16 October 2013 59846 Views

Chargeability u/s 45 Profits or gains arising from the transfer of a capital asset is chargeable to tax in the year in which transfer take place under the head "Capital Gains". Definitions Transfer: Sec. 2(47): Transfer in relation to

The 7 Laws of Clearing CA Exams - 2

Posted by Nitin Soni 16 October 2013 62560 Views

First thing first. I am overwhelmed with the kind of response my previous article The 7 Laws of Clearing CA Exam got. Almost 10,000 view and more than 100 comments. Wow! Thank you friends for appreciating my effort. When I wrote the

Preparing for Government Audit

Posted by Anurag 16 October 2013 22110 Views

EXPENDITURE AUDIT (M99,M07)(N01,N03,N06)(N11) Audit against Rules &Orders(M08) Is expenditure = in conformity with statutory provisions and financial rules and regulations? Functio