CAclubindia Articles

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

Finance Bill passed with amendments in pre-deposit provisions

Posted by Sushil Kr Goyal 29 July 2014 7286 Views

Budget 2014 proposed to introduce a new section, Section 35F to Central Excise Act 1994, to prescribe a mandatory fixed pre-deposit in case of Appeals. The proposal has been passed by the Lok Sabha on 25.07.2014 with certain changes and after changes

Supply Chain Management- A new begining

Posted by CA Karan Lodhi 29 July 2014 8169 Views

Hi Friends. I am back with my second article after huge response and accolades given to my first article. This article concerns about the real meaning of SCM function of an entity. I know we have read S

Budget 2104-15 : What's Good and What's Not So Good?

Posted by Prof. Bajaj 28 July 2014 18518 Views

We saw a deluge of analyses coming on Budget 2014 right from 11th July 2014. However, we chose to wait for clarifications and finer details so that readers get the right perspective for themselves.People would have different opinion about the budget

Related Party Transaction - A brain storming exercise

Posted by Shashikant Sharma 28 July 2014 25692 Views

Related Party Transaction Under the Companies Act, 2013: Meaning of related party: Section 2(76) of the Companies Act, 2013 (the Act) defines the wordrelated party: a director or his relative; a key managerial personnel o