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CAclubindia Articles


Is Collateral Security necessary for bank loans?

Posted by T.R.Radhakrishnan 07 August 2013 10215 Views

The concept of Social control in the field of banking sector was introduced by the Government of India for the first time in 1967 and with that in view, t...



Corporate Finance Profession

Posted by Hari Iyer CA, MBA, CISA, FCPA 07 August 2013 9353 Views

Thinking of becoming a Corporate Finance Professional? Are you aspiring to become a Corporate Finance Specialist professional but not sure what the future holds? If so, you need to understand some key difference between the regulation in India and o



Basics of Documentation for Advances in Bank

Posted by CA Satish Badve 07 August 2013 16592 Views

The documentation applicable for particular type of advances are either given in the Advance Manual of a particular bank or in the circular for specific type of advances, however, the main framework for documentation is as per the advances manual of



MCA issues notices for non-compliance with Cost Audit

Posted by CMA Navneet Kr Jain 07 August 2013 22068 Views

MCA has started issuing notices for non-compliance with cost audit provisions By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA It is natural for the corporates to go soft on the compliance provisions with regard to any of



Taking up a career as a Company Secretary

Posted by Manjit Banga 05 August 2013 13997 Views

A qualified CS can either be employed by a company or can start his/her own practice. A company secretary starting his/her own practice requires a Certificate from The Institute of Company Secretary India (ICSI). Students who manage to complete the



No books, no penalty u/s 271B

Posted by Tony John 05 August 2013 45896 Views

I would like to discuss through the article, more on the controversial issue of non imposition of penalty under Section 271A and 271B if no books of accounts are prescribed under section 44AA with a recent case law. Before we go deep into the topic



Sunday Ka Satyanash!

Posted by MudraMantri 05 August 2013 18660 Views

Rahul and friends went to a restaurant near Indra Nagra, Bangalore. The Idea was to spend the little cash that was left with them on good food and to rejuvenate for next day, Monday!! Little cash, since its the last week of the month.



Capital Gains summary-specially for CA Final

Posted by POOJA CHANDAK 03 August 2013 56006 Views

CAPITAL GAINS Applicable for A.Y.2013-14 Today very few people might have not known the word Capital Gains Tax. Section 45 of the Income Tax Act, 1961 deals with taxability of capital gains. Section 45 says that any profits & gains arising fro



Extension of Filing Date is not extension date for payment

Posted by CA. Chikkerur C R 03 August 2013 14340 Views

Yesterday ( 31St July) was last date to file ITR for AY 2013-14 & Pay tax due on this. People including me were so busy to complete this unwanted task (Hated for few Tax Payers). Many were gathering their info in last minute; few people were se



What makes you a Chartered Accountant!!

Posted by CA Pallav Singhania 01 August 2013 37657 Views

Hello everyone after a long time I'm writing an article, I hope you that this will encourage and motivate you as my earlier ones did. This article is all about what makes a person to become a Chartered Accountant. The word Chartere




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