CAclubindia Articles


Lehman Brother Collapse: Happy Birthday

Posted by Ashok Kumar Sharma 16 September 2013 48857 Views

15th September,2008 The day Finance Industry will never forget. The day when Worlds fourth largest investment Bank (in 2008) filed for Chapter 11. The bankruptcy which was never imagined before was before the eyes of the world. The worst cris



The 7 Laws of Clearing CA Exams

Posted by Nitin Soni 16 September 2013 117258 Views

Ever since my book The 7 Laws of Clearing CA Final is published, I have been asked this question multiple times why did you title the book as a CA Final book when the laws mentioned in the book applies perfectly to all studen



Guiding SME's on legal matters

Posted by Advocate Neerav Mainkar 18 September 2013 5527 Views

Would you like to have an exploratory telephonic / email interview with Mr Neerav Mainkar, Founder of M Neerav & Associates [a leading law & consultancy firm]? Alternatively, we would also gladly facilitate any article contributions / Q&



The Companies Act, 2013 - Provisions relating to Independent Directors

Posted by G S Rao 13 September 2013 108537 Views

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



Leadership role for social and ethical accounting!

Posted by Kannan Iyappan 12 September 2013 58880 Views

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



Capital gains tax valuation (Immovable Property)

Posted by Mohammed Ibrahim 12 September 2013 149967 Views

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



Accounting Standard 2 simplified

Posted by Siddharth Kadakia 12 September 2013 116347 Views

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



The value of goods supplied or provided free by a service recipient

Posted by RENGARAJ R.K 12 September 2013 59301 Views

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



Work carried out on lump sum basis is not supply of Manpower

Posted by Bimal Jain 12 September 2013 65179 Views

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



Practical approach for Professional Course with Self study: Part-1

Posted by CMA Ramesh Krishnan 12 September 2013 20758 Views

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




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