CAclubindia Articles


Taxability for concession in school fees or scholarship

Posted by Deepak Agrawal 22 February 2013 42633 Views

NOTE ON PERQUISITE TAXABILITY FOR CONCESSION IN SCHOOL FEES OR SCHOLARSHIP GIVEN BY THE EMPLOYER TO THE CHILD OF EMPLOYEE: 1. Taxability of Perquisites: As per section 17(2) (iv), Perquisite includes, any sum paid by the employer i



It happened in 13: Those 12 hours

Posted by Niraj Mahajan 21 February 2013 17558 Views

The day before the result. Unexpectedly I was calm, was with friends..had fund with them and saw a nice move in cinema hall.. came night, and the butterflies started waking up.. telling me how can you possibly sleep? Still, somehow passing time on



Procedural Checklist for effecting transfer of shares of the Company

Posted by Ajay Mishra 21 February 2013 34959 Views

INTRODUCTION The word 'transfer' is an act of the parties by which title to property is transferred from one person to another. Under Section 82 of the Companies Act, 1



FAQs on Fast Track Exit Mode

Posted by CA Harish Negi 21 February 2013 10533 Views

Hello friends following are the frequently asked questions on Fast Track Exist. 1. What is Fast Track Exit (FTE) Mode? Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to the defunct companies to get



Game of Exploitation - India

Posted by Indraneel Sen Gupta 21 February 2013 9064 Views

India the economy which was once treated as a poor economy has become the hot spot of investments over the last decade. In fact it became more attractive for investments once the game of leveraged play of western economy came to a halt after the cri



The Day Before

Posted by Arjun Hemmady 21 February 2013 14780 Views

Ideally I should have been studying. Ideally I should not have gone for the marriage ceremony (studies is a good excuse for missing anything). Ideally I must not have watched the match. Ideally I must have been focussed just on my s



Directors Beware

Posted by CMA. CS. Sanjay Gupta 20 February 2013 21899 Views

Number of companies in which a person can hold the office of a director Section 275 (Read along with Section 276, 277, 278 & 279) of the Companies Act, 1956 Vs. Clause 165 of the Companies Bill 2012 A comparison of old and new provisions



FAQ'S on Fema

Posted by VIKAS.A 20 February 2013 38541 Views

FAQS ON FEMA Friends I am going to discuss few FAQS on FEMA, ntroduction : 1. The legal framework for administration of foreign exchange transactions in India is provided by the Foreign Exchange Management Act, 1999. Under the Fo



Steps for Formation of a Company

Posted by Aman 20 February 2013 19563 Views

Steps to be taken to get a new company incorporated: 1. Select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects company. 2. Ensure that the name does not resemble the name of an



Risk Management - Steps Ahead!

Posted by Kannan Iyappan 20 February 2013 13126 Views

RISK MANAGEMENT Any organization, public or private, large or small, faces internal and external uncertainties that affect its ability to achieve its objectives. The effect of uncertainty on an organizations objectives is risk.




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