CAclubindia Articles
The Downfall of Rupee - Cause and Effects
The INR Freefall. Freefall (noun) - A sudden drop in the value of something that cannot be stopped. Does it remind you of what the rupee has been doing in the past couple of months? Over the past few years, Indias current account deficit (C
Practical approach for Professional Course with Self study Part 2
Practical approach for Professional Course with Self study (Part-2) Introduction: In this part -2, I would like to discuss about, Some studying tips while doing professional course with self study. 1. Preparation of study time table: We need to
Areas of Ordinary Resolution under Co. Act 2013
Companies Act 2013 : Ordinary resolutions The companies act has brought smiles on corporate Indias face giving a much needed lift. Simplifying the procedural aspect will surely wash away the bad memories during the older regime. This article
The Companies Act, 2013 - Provisions relating to Independent Directors
Introduction: Having received the assent of the President of India, The Companies Act, 2013 has come into existence on 29.08.2013 which will replace the old Companies Act, 1956. As per Section 1 of the new Act, different sections of
Practical approach for Professional Course with Self study: Part-1
Practical approach for Professional Course with Self study (Part-1) Introduction: In the present competitive scenario, doing professional course is the basic requirement for any career field, even after completion of graduation and joining with so
Work carried out on lump sum basis is not supply of Manpower
Dear Professional Colleague, Work carried out on lump sum basis does not falls under supply of manpower services We are sharing with you an important judgement of the Honble CESTAT in the case of M/s. Shri Bileshwar Khand Udyog Sahakari Mand
The value of goods supplied or provided free by a service recipient
The value of goods supplied or provided free by a service recipient under construction of commercial or industrial complex service, do not comprise the Gross amount under Notn.no.15/2004. Landmark judgment. Introduction: In a landm
Accounting Standard 2 simplified
Introduction Why is valuation of inventory so important? From a lay mans perspective there can be two reasons. Firstly since the closing stock of the previous year becomes opening stock of the current year and it goes because of the going c
Capital gains tax valuation (Immovable Property)
Capital Gains Tax Valuation. (Immovable Property) (Keywords: Under Income-tax Act 1961 as amended from time to time, classification of Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG), Cost Inflation Index (CII), computation of
Leadership role for social and ethical accounting!
Top managers provide the blueprint for what a firms corporate culture should be. If the leaders fail to express desired behaviours and goals, a corporate culture will evolve on its own whic
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