CAclubindia Articles

Newly Inserted Section 80CCG

CA Roopak Singh 06 December 2012 at 11:03

RAJIV GANDHI EQUITY SAVING SCHEME SECTION 80CCG Finance Act 2012 has come up with a new section 80CCG, to be made applicable from F.Y. 2012-13 onwards. The Scheme not only encourages the flow of savings and improves the depth of domestic capital mar

Risk Managers Leadership Challenge

Sonia Jaspal 05 December 2012 at 12:25

British Petroleum was recently fined US $ 4.5 billion for the Deep-water Horizon disaster in April 2010. The highest ever fine till date. The verdict implicated two employees for negligence. Similar news is coming of regulators charging huge fines

All about Cost Audit and Compliance Report

CS DHANAPAL 05 December 2012 at 12:24

Ministry of Corporate Affairs have come out with a number of

Master your time

Shivanand Pandit 05 December 2012 at 12:24

What is Time? Time has different meaning to different people. Time escapes definition. Time is a relative concept. As St.Augustine remarked long ago I know what time is unti

Applicability of Costing Accounting Rules to Construction Industry - An Overview

CMA Ramesh Krishnan 05 December 2012 at 12:23

Applicability of Costing Accounting Rules to Construction Industry- an overview Introduction: As per the Ministry of Corporate affairs notification G.S.R.429 (E) dated 3rd June 2011 as well as clarification issued on 25th May 2012, compani

Closure of Register of Members / Debentureholders/Book Closure/Record Date

Ajay Mishra 05 December 2012 at 12:22

Section 154 of the Companies Act, 1956 deals with the closure of register of members or debenture holders but the section does not elaborate the object and purpose of such closure.

The Era of Accounting Standards

CA Rashmi Ainapur 05 December 2012 at 12:22

Introduction: I am being pragmatic in citing that Accounting Standards are the pre requisite for carrying on the business efficiently in the globalized economy. Accounting Standards are defined as the principles

Combination of Costing Strategies and Methods

Indraneel Sen Gupta 05 December 2012 at 12:21

Costing methods used in combination can be used as a devastating weapon for creation of economically and social benefits. But its often misunderstood and miss- represented which leads to further poor understanding and implementation of the

Precise provision on tax collection at source (TCS)

Yogesh Agarwal 05 December 2012 at 12:05

Provisions related to Collection of Tax at Source under Income Tax Act 1961 This is my privileged that I received a good response to my previous article and with that over whelming response I courage to write another article. This time I did not g