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CAclubindia Articles


Concept of Additional Director and procedure for Appointment

Posted by CA Manish 14 December 2012 127223 Views

Concept of Additional Director Provisions related to appointment of Additional director (Section 260):- Although Directors are appointed by the shareholders in the General Meeting but section 260 authorize Board to appoint additional directors. Sect



Transfer Price in Advanced Management Accounting

Posted by CA Roopak Singh 14 December 2012 24843 Views

Transfer pricing comes into use when various divisions of a company deal with one another. A transfer price is that notional value at which goods and services are to be transferred by the supply division to receiving division. The goods that are pro



Cost Centre & Driver Miscalculation

Posted by Indraneel Sen Gupta 14 December 2012 10670 Views

This might sound like a stupid word but it has an in-depth meaning which saves the organization from travelling towards the path of destruction in the long term. Doesnt every sacrifice long term growth to achieve the forecast? This is one of



Highlights of Companies Bill, 2011

Posted by CHAITANYA GANATRA 14 December 2012 19891 Views

The Cabinet on 4th October, 2012 Thursday; gave its nod to the long awaited and discussed Companies Bill, 2011. This article attempts to provide the key features of this Bill. The Companies Bill, 2011 has 4



Use the Current Market Rally to exit Bad Apples!

Posted by Prof. Bajaj 14 December 2012 5332 Views

The recent run-up in the equity markets has suddenly spread all surprises and smiles to the investor community. Although it would look too tempting to start investing in this market, lets take a step back and first lets clear off all that we were



PF to be contributed on Allowances

Posted by Rakesh Rao 12 December 2012 34311 Views

The Employees Provident Fund Organisation (EPFO) has issued a circular no. 345 dated 30.11.2012 to the Additional CPFCs, Provident Fund Commissioners and Assistant PF Commissioners regarding Guidelines for Quasi-judicial proceedings under Section



Cost Reduction and Pricing

Posted by Indraneel Sen Gupta 12 December 2012 10933 Views

Reduce cost and increase profitability is the key metric being learnt and applied blindly for any success of a product. Pricing of the product is often ignored and its being derived based upon the ROI expected from the investments which doubles the



What's there in the name?

Posted by Prof. Bajaj 11 December 2012 14706 Views

Buss Naam hi Kaafi hai might be an impressive punch line for our favorite actor or to promote some product, but when it comes to making investment decisions, go by what Shakespear says, Whats there in the name ?



Service Tax liability on Chitty business - HC

Posted by Rupesh Srivastava 11 December 2012 18434 Views

MAPRANAM FINANCE AND INVESTMENT COMPANY (P) LTD vs UOI and Others (High Court) Whether the activity of the Chitty establishments was constituting any 'cash management' to attract service tax. Held, yes Service Tax on Chitty business - C



Summary of AS 18

Posted by CA Chirag Haraniya 11 December 2012 176607 Views

Crux of AS - 18 : 1. The objective of the accounting standard is greater transparency and disclosures with regard to related party relationship by the reporting entity. 2. Related Party relationships arise on either of the two below: a)




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