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Highlights of the New Companies Bill
The upper house of the Parliament passed the Companies Bill on August 8, 2013 after much delay. The bill replaces Companies Act, 1956, and had been passed by the Lok Sabha in December last year. Key highlights of the new Companies Bill are as unde
Principles of Natural Justice
PRINCIPLES OF NATURAL JUSTICE- "Audi Alteram Partem" and "nemo judex in causa sua" in Tax matters.Introduction:The principles of natural justice have their roots in two Latin maxims:"Audi alteram partem" and "nemo judex in causa sua". Th
What is relevant date for determining - Rate of Service tax
Dear Professional Colleague, What is the relevant date for determining the rate of service tax applicable We are sharing with you an important judgement of the Honble CESTAT, Ahmedabad in the case of Commissioner of Central Excise & Servi
What are the reasons for recent rupee downfall?
Why Rupee is going down? I will try my best to explain in layman's terms, though many aspects may not be that perfect. Yet I am just trying here. Its all over the news. Indian Rupee hit the all-time low mark of 62 rupees against the US dollar
Offences & Prosecution Notes under Income Tax Act, 1961
CONTRAVENTION Contravention of order made under section 132(3) Sec.275A. A person contravening the order made u/s. 132(1) (second proviso) or 132(3),in case of search and seizure, shall
Central Excise Audit - A Practical Perspective
Central Excise Audits Practical Perspective for Assessees Centra
Strategy to clear Second group of CA Final
Hi friends this is Sachin here sharing strategy to pass CA final 2nd group, this is my second article in Caclubindia.com. I cleared CA Final group 2 in May 2013 that too in 3rd attempt (Marks 202). First group is pending. Well let me start subj
Technology Contracts - VAT Vs Service Tax
Technology Contracts- Liability under VAT or Service Tax? This category covers information technology, IT enabled service and telecommunication industry. Today businesses are done in various complex manner through different jurisdictions in differen
Friends, Indians and Countrymen, "Arise, Awake and Stop not till the goal is reached"
The fundamental rights enshrined in the Constitution of India empower the people of India to establish a democratic institution of the people, by the people
Provisions for Auditor and about audit in New Companies Bill
APPOINTMENT OF AUDITOR: Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting
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