CAclubindia Articles

Eligibility of Input Service Credit - Sales Commission

Posted by Madhukar N Hiregange 09 January 2014 63944 Views

The cenvat credit scheme is a beneficent legislation and allows for credits used for manufacture or service. Sales commission is paid for the following reasons: market creation/development, advertisement, sales promotion activities, identifying poten

Loans to directors sec 185 (295 of old act)

Posted by sachin pathak 09 January 2014 56247 Views

Loan to directors, etc. (Section 185 refer old act Section 295)This section was commenced on 12 September 2013. It is form the old Section 295 of the Companies Act 1956185. (1) Save as otherwise provided in this Act, no company shall, directly or ind

Short-comings of Safe Harbour Rules

Posted by Mihir Manohar 09 January 2014 20105 Views

In this article I have made an attempt to highlight the shortcomings of Safe Harbour Rules of India. Smog prevailing on the conditions of Insignificant Risks.Safe Harbour rules in one segment are applicable to Assesses extending Loans t

CAS - 4 and Rule 8 of Central Excise Valuation

Posted by Ayyswariya RG 08 January 2014 146482 Views

Hi all, This article is going to be on CAS-4 (Cost Accounting Standard 4) issued by the Council of the Institute of Cost and Works Accountants of India along with the Guidelines on cost of production for captive consumption (Under Rule 8 of the Centr

5 Reasons why you should Invest through the SIP Route

Posted by CA Surbhi Singhal 08 January 2014 31372 Views

A Systematic Investment Plan or SIP, as it is popularly known, is a vehicle offered by Mutual Funds to help investors save regularly by committing a fixed amount of investment in a scheme periodically, normally a month. The units are

Provisions relating to Acceptance of Fixed deposits

Posted by G S Rao 08 January 2014 64454 Views

Introduction: Companies normally raise funds through issue of Equity/preference shares, debentures, commercial papers and inter corporate loans. Fixed deposits are also one of the instruments available to a company to raise funds to meet its short te

CRM Strategy for the CA firm

Posted by Anurag 08 January 2014 40018 Views

Executive Summary The world around us is witnessing a spate of changes. The forces of globalisation, internationalization of business, outsourcing and competition from alternate service providers/offerings have led firms to dispense with the age-old

Role of Auditor in the New Companies Act

Posted by Varun kumar 08 January 2014 49069 Views

As per the Company 2013, the auditor's responsibility has been enhanced to a great extent and the manner of appointing him has also been changed, when compared to companies Act, 1956. We here discuss briefly abou

Acceptance of Deposits under New Companies Act, 2013

Posted by RAJIB MOHANTY 06 January 2014 286800 Views

The Companies Act, 2013 (2013 Act) was assented by the President of India on 29 August 2013 and published in the Official Gazette on 30 August 2013. The New Act is expected to facilita

Inflation Indexed Bonds, DA for Investors

Posted by M B Abhyankar 06 January 2014 17380 Views

Inflation Bonds, Dearness Allowance (DA) for InvestorsGood beginning but lot more needs to be done Middle class who had been battling inflation for last so many years has been offered a chance to hope for a stream of some secured real income by way o