CAclubindia Articles

The Banking Regulation Act 1949

Posted by *RENU SINGH * 10 October 2012 46459 Views

Introduction The banking regulation act 1949 extends to whole of India. Other acts are used as auxilliary to this act e.g. Companies Act 1956( defining company) , negotiable instrument act defining public holiday).

Revised Schedule VI Head Wise Classification Concepts

Posted by MOHAMMAD SALIM 10 October 2012 132955 Views

As we know the Revised Schedule VI has introduced a concept of classified balance sheet. Para 1 and 3 of General Instructions for preparation of Balance Sheet defines current assets / non-current assets and curre

Finalization of Balance Sheet (Part - II)

Posted by SANYAM ARORA 10 October 2012 30617 Views

Greetings of the Day to all the members of CCI Family. So as promised I am back with the Part 2 of my series i.e. Finalization of Balance Sheet. The link for my previous Article is given below - Finalization

Accounting Treatment of Forward Cover in Different scenario

Posted by Nirmal Shah 09 October 2012 184973 Views

In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to

Note on Sale of Shares held by promoters through the secondary market

Posted by Ajay Mishra 09 October 2012 32356 Views

INTRODUCTION The Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 deal with the maintaining minimum public shareholding of 25%. The Ministry of Fin

Sow a thought

Posted by Rahul Jain 09 October 2012 11669 Views

In any field Business/practice or even in personal life Our Commitment and Honesty matters a lot in our success. I had a instance few days back....Few days backwe I was travelling to Shilma with my friends.... while we boarded at Shimla my friends

All about resolution

Posted by Amita jhunjhunwala 08 October 2012 21812 Views

All about Resolutions under Companies Act, 1956 Resolutions are records of formal agreement or decisions of shareholders or directors or managers, to carry out certain changes, generally denoted or prefixed by the word RESOLVED. Exam

Specific Issues in Revised Schedule VI - Part - II

Posted by CA Sourabh Agarwal 08 October 2012 33414 Views

In continuation of earlier article on topic Specific Issues in Revised Schedule VI, I am now here to discuss certain issues on Assets Side of Balance Sheet. Here we have a residual head named as Other Non Current Assets&

Provisions relating to Certain Income of Non Residents

Posted by S Jananikrishna 08 October 2012 41247 Views

Hi all, I would like discuss some provisions relating to Non Residents. Often we come across, the following incomes of Non Resident for filing return of Income under the Income Tax Act 1961: a) Investment Income and, b) Long Term Capital Gain Firs

Approach to Understand Central Excise

Posted by Madhukar N Hiregange 08 October 2012 42013 Views

This paper provides the birds eye view of the law and practice of central excise and is focused on the individual who wishes to understand the basics. The defini