Section 397/398 of the Companies Act, 1956 provides relief to the minority shareholders against the oppressive actions of the majority and the mis-management in the company. Section 399 of the Companies Act, 1956 deals with the issue as to who can
The other day I was sitting in the library of the Sales Tax Bar Association and a discussion was going on regarding the recent notifications and circulars, and I raised a point, that whether these circulars are ac
After budget 2012, there is lot of confusion as to frequency of filing of Service Tax Return. This is happening due to following letters and draft circulars of CBEC: RELEVANT EXTRACT OF D. O. F. No 334/
Introduction: Project costing in a very interesting and important area in Costing for Cost & Management Accountants ( CMAs) to understand and to get vast experience in the field of Costing. Project Costing is a different from other
Hi Friends, this is Sachin. This is my first article on life journey of a CA student before CA Inter. This article is based true story. I have joined CA course in july 2006 after completion of my degree in Small town (a small city in belgaum dis
Greetings of the Day to All the Members of CCI Family. Friends my last Article was on Audit of EIS - Audit of Educational Institutes (EI's) Friends Last Weak I got allotted for an Audit of
Chartered Accountants in Corporate Banking Star Limited expands funded by INR 120 crore loan from XYZ bank! We see such headlines often. Which division of a bank does such work? Its the division called Corporate
And now its that month of the year, when the running around starts for IT returns filing. With the advent of technology, and the initiatives taken by Income-Tax department, hopefully we will not see long queues in the Income Tax Office, for ITR fi
Citizens very often complain about our legal system and as to how the Courts are functioning in this country. People having experience with Courts will explain in detail as to how our system functions. Unless one is a habitual litigant misusing th
Managing Director An Overview Definition of Managing Director According to the definition given in Section 2(26) of the Companies Act, 1956:- "Managing Director" means a director who, by virtue of an agreement wit
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