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CAclubindia Articles


The Downfall of Rupee - Cause and Effects

Posted by Aditi Chandak 16 September 2013 58557 Views

The INR Freefall. Freefall (noun) - A sudden drop in the value of something that cannot be stopped. Does it remind you of what the rupee has been doing in the past couple of months? Over the past few years, Indias current account deficit (C



Practical approach for Professional Course with Self study Part 2

Posted by CMA Ramesh Krishnan 16 September 2013 53775 Views

Practical approach for Professional Course with Self study (Part-2) Introduction: In this part -2, I would like to discuss about, Some studying tips while doing professional course with self study. 1. Preparation of study time table: We need to



Areas of Ordinary Resolution under Co. Act 2013

Posted by CA.Tarun Nagpal 16 September 2013 78614 Views

Companies Act 2013 : Ordinary resolutions The companies act has brought smiles on corporate Indias face giving a much needed lift. Simplifying the procedural aspect will surely wash away the bad memories during the older regime. This article



The Companies Act, 2013 - Provisions relating to Independent Directors

Posted by G S Rao 13 September 2013 108500 Views

Introduction: Having received the assent of the President of India, The Companies Act, 2013 has come into existence on 29.08.2013 which will replace the old Companies Act, 1956. As per Section 1 of the new Act, different sections of



Practical approach for Professional Course with Self study: Part-1

Posted by CMA Ramesh Krishnan 12 September 2013 20720 Views

Practical approach for Professional Course with Self study (Part-1) Introduction: In the present competitive scenario, doing professional course is the basic requirement for any career field, even after completion of graduation and joining with so



Work carried out on lump sum basis is not supply of Manpower

Posted by Bimal Jain 12 September 2013 65161 Views

Dear Professional Colleague, Work carried out on lump sum basis does not falls under supply of manpower services We are sharing with you an important judgement of the Honble CESTAT in the case of M/s. Shri Bileshwar Khand Udyog Sahakari Mand



The value of goods supplied or provided free by a service recipient

Posted by RENGARAJ R.K 12 September 2013 59281 Views

The value of goods supplied or provided free by a service recipient under construction of commercial or industrial complex service, do not comprise the Gross amount under Notn.no.15/2004. Landmark judgment. Introduction: In a landm



Accounting Standard 2 simplified

Posted by Siddharth Kadakia 12 September 2013 116317 Views

Introduction Why is valuation of inventory so important? From a lay mans perspective there can be two reasons. Firstly since the closing stock of the previous year becomes opening stock of the current year and it goes because of the going c



Capital gains tax valuation (Immovable Property)

Posted by Mohammed Ibrahim 12 September 2013 149927 Views

Capital Gains Tax Valuation. (Immovable Property) (Keywords: Under Income-tax Act 1961 as amended from time to time, classification of Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG), Cost Inflation Index (CII), computation of



Leadership role for social and ethical accounting!

Posted by Kannan Iyappan 12 September 2013 58853 Views

Top managers provide the blueprint for what a firms corporate culture should be. If the leaders fail to express desired behaviours and goals, a corporate culture will evolve on its own whic




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