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Intercorporate Loans/Investments+Co types - Summary
Are provisions of inter-corporate loans and investments applicable only to public company?Yes.What are the conditions for making Inter-Corporate loans and investments?1. Approval of board.2. Unanimous resolution passed in board meeting.Is there any c
Corporate Social Responsibility - Highlights
Corporate Social Responsibility (CSR) new hot topic introduced by Companies Act, 2013.Many times we have heard about CSR but what exactly it is let us now understand. What is CSR ? As a layman if we explain it t
Companies will not be able to receive share app money in cash
Penalty upto 2 crores: Private/Public Ltd. Co. will not be able to receive share application money in cash, utilize share application money for business & will have to open separate a/c for share application Many of the private limited compani
The Role of corporate governance in coping with Financial Crisis, Corporate Scandals and Failures
Corporate greed & corruption witnessed in the Rs. 1.76 lacs crore 2G scam, which involved many large businesses last year only got bigger this year with a host of other cases grabbing the limelight. Be it the much bigger Rs.1.86 lacs coal scam,
Third Group of CA Exam!
We all study Accounts, Law, Audit, Cost, DT, IDT, SFM and ISCA. But why is it so that only handful are able to pass them? Some say, my DT is weak, I cant understand the concepts of SFM or some blame it on ISCA or Audit. But do you really think Accou
Shastrarth: Taxation of Gifts on Diwali
Shastrartha: Taxation of Gifts received on Diwali Man: Hey Lord! The festival of Diwali has brought us closer to our relatives. The exchange of blessings, gifts, sweets arouses the love that exists amongst us. God: It is good to enjoy but never fo
Top 5 myths related to exams
I have seen many aspirants of CA/CWA/CS worrying about MANY things. And when I stress many I really means many. Being a professional student we have enough senses to judge whether a given statement is true or false and if we cant judge then r
Can a company give loan to its group companies?
Many corporate including Pvt Ltd Cos have other related group companies and they transfer money to & from other company as and when require. Stop doing th
Karniti Part9: Starting New Business! Follow the Laws!
Arjuna: Dear Krishna, After Laxmipujan, on Padva, New Year is starting. Many new business ventures and activities are inaugurated on this auspicious occasion. In Diwali festival this day have a great importanc
Sensex and Nifty calculation simplified
Have you ever wondered what the SENSEX and NIFTY is? How are they calculated? SENSEX i.e. Sensitive Index is the benchmark index of Bombay Stock Exchange (BSE) composed of 30 of the largest and most actively-traded stocks of BSE. Calculation Method
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