CAclubindia Articles

Sick companies - The Companies Bill 2011

Victor J uruvath 25 April 2012 at 11:48

Our existing companies act 1956 was enacted based upon the recommendations of the Bhabha committee with an object to amend and consolidate the law relating to companies and certain other associations. The Com

Foreign Exchange Management Act, 1999 (FEMA): Basic Understanding

Ajay Mishra 25 April 2012 at 11:48

INTRODUCTION A system of exchange control was first time introduced through a series of rules under the Defense of India Act, 1939 on temporary basis. The foreign crises persist

Want to Avail Portfolio Management Services?- Invest More

Sikha Bansal 23 April 2012 at 11:30

A portfolio manager is a body corporate who, pursuant to a contract or arrangement with a client, advises or directs or undertakes on behalf of the client, the management or administration of a portfolio of securities or the funds of the client. T

Critical issues under SARFAESI Act, 2002?

Durga Rao 23 April 2012 at 11:30

It is always welcome to enable the Banks to recover their dues using the provisions of SARFAESI Act, 2002. It is known that it is very difficult for the Banks to approach Civil Court asking for a decree and getting that decree executed. With the i

AMT v/s. SEZ units

Madhuri Jain 23 April 2012 at 11:30

Has the Finance Act, 2012 tried to make illusionary the exemption benefits available to SEZ units u/s. 10AA of the Income Tax Act ? First of all, let us briefly go through the provisions of exemption u/s. 10AA of the Income Tax Act and the Alt

The Companies Bill, 2011 - Welcome Reforms for Independent Directors

Victor J uruvath 23 April 2012 at 11:29

Introduction When we hear that an individual is appointed as an Executive Director of a company, we know that his duties include fiduciary duties, statutory duties and duty

Steps for E-Filing of Service Tax Return

Naveen Chand Khulve 23 April 2012 at 11:29

W.e.f. 01.10.2011 vide Notification No. 43/2011 Service Tax, dated 25.08.2011 E-filing of Service Tax Returns (ST-3) made mandatory for all Assessees . Here is the steps for e-filing of service tax return Steps for E-Filing of Service Tax Re

ABC of Foreign Exchange

Rishabh Ahuja 20 April 2012 at 11:19

With the most busy month of March finally getting over, its time to relax and spend time with your family and go out on a vacation. And if

Section 43 of the Income Tax Act, 1961

Manish Kumar Agarwal 20 April 2012 at 11:19

UNDERSTANDING SECTION 43 WITH LATEST CASE LAWS: Now its time to unlock all mystery in respect of section 43 of the Income tax act, 1961 with the help of the latest court rulings and judgments. Let us divide the section according to the subject an

Indian Private Equity Focus on Agriculture

Indraneel Sen Gupta 19 April 2012 at 10:21

The three sectors of the Indian economy witnessed slowdown in 2011-12. Moderation in agriculture growth notwithstanding, the year witnessed an all-time high food grains output. The services sector reflected the slowdown in construction, while in