CAclubindia Articles

Responsibility of Professional Signing Annual Return

Posted by CMA Arif Farooqui 29 December 2012 11041 Views

W.e.f from Financial Year 2011-12, Professional (CA, CMA, CS) signing MCA Annual Return have to certify whether Cost Accounting Record Rules -2011 (CARR) or Cost Audit Orders (CAO) are applicable on company or not and mention Product or Service

Cheque Truncation System: Digitisation in Banks

Posted by R. Sudarshan Bala 28 December 2012 31402 Views

CHEQUE TRUNCATION SYSTEM: A TOOL REQUIRED FOR DIGITISATION IN BANKS As we all know the environment around us is highly dynamic and volatile which necessitates continuous updation and improvement in order to survive competitively. The

Alimony and Tax Implications

Posted by Manish Negi 28 December 2012 14802 Views

Meaning of Alimony Alimony or maintenance is a U.S. term signifying a legal obligation to provide financial support to one's spouse from the other spouse after marital separation or

Master Circular on Audit System issued by Government

Posted by gokul rathi 27 December 2012 54481 Views

We are aware that every year, on 1st July, the Reserve Bank of India comes out with Master Circulars on various subjects which consolidate all the instructions on the subject issued throughout the year. 102 such Master Circulars have been issued b

Beware! Mis-selling Season Ahead!

Posted by Prof. Bajaj 27 December 2012 10632 Views

After coming back from his vacation, Sidhesh Tulange, a 33 year old Software consultant, logged into his office computer to make the first statement, Oh No !! I forgot to submit this before going to vacation. The HR department has re

The Burning Desire- Part II - The world of IPCC

Posted by CA Mihir Kulkarni 27 December 2012 26116 Views

The world of IPCC Hello Friends, Its been nice to meet you again. I was thinking about the second difficult level of ICAI exams i.e. IPCC, and the various problems faced by CA students during the course. It is o

Do You Need Financial Planning?

Posted by Ramalingam K 26 December 2012 9825 Views

Let's answer this important question: Most of us think that financial planning is only for the very rich or poor. There are others who think that people need to plan only when they grow old as they need to save for their retirement and old ag

New Features of New Income Tax Efiling Portal

Posted by Nishit Kaushikbhai Anadkat 26 December 2012 36468 Views

NEW FEATURES OF INCOME TAX PORTAL (https://incometaxindiaefiling.gov.in) After Assessee's Login, The Main options are - Dashboard which contains two options viz.To view Returns and Forms.List of Returns submitted showing major i

Key Highlights Companies Bill,2012

Posted by sumit bhatia 26 December 2012 78298 Views

Companies Bill,2012 Key Highlights Incorporation of a One Person Company has been permitted. Numbers of permissible members in private company has been raised to 2

Role of Company Secretaries

Posted by CS M.Kurtrala Nathan 26 December 2012 21305 Views

Pursuant to section 383A of the companies Act, 1956, companies with a paid-up share capital of Rs. 5 crore or more are legally obliged to appoint a whole-time Company Secretary who must be a member of the Institute of Co