CAclubindia Articles

Valuation Under Companies Act 2013

Posted by CA S K MISHRA 09 December 2013 86198 Views

What is Valuation? International Valuation Standard Council has defined Valuation as the process of determining the Economic Worth of an Asset or Company under certain assumptions and limiting conditions and subject to the data

Professional reading - My Perspective

Posted by kartik 09 December 2013 20793 Views

Before I begin, I would just like to mention that the reading I mention here is professional reading, not reading as a hobby. I think reading as a professional habit is now virtually non-existent amongst many of us. The reasons vary: from a sheer lac

What Is the Difference between Investing and Speculation?

Posted by Guest 09 December 2013 22325 Views

What is the difference between investing and speculation? At first, you think the answer is simple because the distinction is obvious — that is, until you actually put pen to paper and try to answer the question. Go ahead; take a few seconds an

Why not print Unlimited Money? - Why is it Impossible?

Posted by Rohit Jain 06 December 2013 61553 Views

Why not print unlimited money? Money can be defined as any object that is used as a payment medium for goods and services.With the progress of mankind, money has evolved from pebbles to paper currency, from paper to plastic currency and from plasti

Loan provided to employees- Perquisite calculation - Part I

Posted by T E Gautham 06 December 2013 36601 Views

We find many payroll managers being unaware that loans provided to employees (by the employer) are taxable in the hands of the employees. The typical reactions (from payroll managers) we come across when we talk about taxability of loans provided to

Financial Ratios - Practical Aspects

Posted by CA Chiranjiv Kumar 05 December 2013 51204 Views

As we all know, financial ratios are used to analyze the financial performance of a company. For this purpose many types of ratios are used like liquidity ratio which tells us the ability of a company to pay back its short term obligations and Debt r

Highlights of 98 Sections of Companies Act, 2013

Posted by CS DHANAPAL 05 December 2013 101990 Views

An analysis of the important Sections! The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under

Corporate Social Responsibility under the Companies Act, 2013

Posted by CS DHANAPAL 03 December 2013 202393 Views

INTRODUCTION Corporate Social Responsibility (CSR) has been in existence for a long time and is almost as old as civilization. It is based on the Gandhian Principle of trusteeship concept whereby business houses are looked upon as trust

Karniti Part-13: Dear, Pay tax on "House" and Relax at "Home"

Posted by CA Umesh Sharma 03 December 2013 20031 Views

Taxation on Purchase or Sale of House PropertyArjuna(fictional character): O Lord Krishna, food, clothes and house, being the basic necessities of life, hold an important place in human life. But nowadays lot of money is needed to buy or construct a

Independent Directors under Companies Act 2013

Posted by CS DHANAPAL 03 December 2013 53237 Views

Independent directors as the name suggests are directors on Board of a company who are independent individuals, not having any other relationship or transaction with the company. The concept of Independent directors gained momentum in the late 1980s