CAclubindia Articles

Rajeev Gandhi Equity Savings Scheme - Section 80CCG

Posted by CHAITANYA GANATRA 14 March 2014 25250 Views

RAJEEV GANDHI EQUITY SAVINGS SCHEME (RGESS) ObjectiveThe objective of the scheme is to encourage the savings of the small investors in domestic capital market.EligibilityThe deduction shall be available to new retail investor whose gro

Bonus Issue under the Co. Act, 2013

Posted by CS DHANAPAL 14 March 2014 49682 Views

Companies Act, 1956, does not prescribe any specific procedure or conditions for issue of bonus shares except that Table A contains provision relating to capitalization of profits. Companies Act, 2013 has detailed the conditions under Sec.63 read wit

Private Placement under Co. Act, 2013

Posted by CS DHANAPAL 14 March 2014 43799 Views

Private placement means any offer of securities or invitation to subscribe securities to a select group of persons by a company (other than by way of public offer) through issue of a private placement offer

7000 NIFTY is a Trap: Better at 5000

Posted by Indraneel Sen Gupta 13 March 2014 15522 Views

After a pretty long time I am writing on the Indian capital market. I am compelled to write since I find that this time many investors and my friends are in big dilemma regarding what type of strategy one should adopt to deal with NIFTY levels in the

Professional Opportunities for CAs in International Trade

Posted by Rajkumar Adukia 13 March 2014 22169 Views

INTRODUCTION Interdependence is indispensable. International is referred to as ‘relating to or involving two or more nations’ and trade as ‘commercial, industrial or professional dealings’. Hence the term International Trade r

An Overview of Corporate Social Responsibility

Posted by Rajkumar Adukia 12 March 2014 11990 Views

Origination of Corporate Social Responsibility Corporate Social Responsibility (CSR) is associated with the conduct of corporations and in particular whether corporations owe a duty to stakeholders other than shareholders. While the phrase Cor

Caro and its clauses which needs reporting by auditor

Posted by vipin verma 12 March 2014 72890 Views

The central government come out with these extra reporting requirements to ensure that the auditor should check and report on the matters mentioned in CARO for ensuring smooth working of company.Co

Limited Liability Partnership form of Business Organisation

Posted by Rajkumar Adukia 12 March 2014 30009 Views

Meaning of Limited Liability Partnership (LLP) A Limited Liability Partnership (LLP) is a body corporate, with a distinct legal entity separate from that of its partners. It has perpetual succession and a common seal. A LLP, which is a separate legal

Karniti part 27: Pay as you earn - Advance Tax

Posted by CA Umesh Sharma 11 March 2014 10354 Views

(March Ending Special Part 2)PAY AS YOU EARN Advance Tax Arjuna (fictional character): Krishna, before 15th March last installment of advance tax will have to be paid. What precautions taxpayers should take? Krishna (fictional character):

No Service Tax leviable on Chit Fund Business

Posted by Bimal Jain 11 March 2014 18894 Views

Dear Professional Colleague,Chit fund business constitutes transaction in money and not liable to service taxRecently, the Honble Supreme Court of India, dismissed the SLP filed by the Union of India against the judgment of the H