CAclubindia Articles

CBDT issues Advance Pricing Agreements (Rules)

Posted by Rahul Chilal 06 September 2012 14902 Views

One of the announcement which was very anticipated in Transfer Pricing Arena was the Advanced Pricing Agreement (APA). CBDT released the rules on APA on 30th August. The Finance Minister had announced that the APA will be released so that the d

Analysis of Judgment of Supreme Court on Sahara

Posted by G S Rao 06 September 2012 31458 Views

Analysis of Judgment of Supreme Court in Sahara India Real Estate Corpn. Ltd & ors Vs. SEBI & Anr Supreme Court delivered a judgment in Saharas Case which now confirms the jurisdiction and power of SEBI to inquire into hybrid securi

Let's construct "Tax Structure" for Builders/Developers

Posted by CA Umesh Sharma 06 September 2012 416218 Views

The foundation of building named Tax Complex constructed by the Honorable Commissioner of Sales Tax of Maharashtra

Cloud Computing - Opportunities and Challenges for CAs

Posted by CA Tejas Andharia 05 September 2012 21268 Views

Let us see this concept of Cloud Computing in short and sweet manner along with the opportunities and challenges for Chartered Accountants in this field. Cloud computing is a technology that uses the internet & central remote servers to mainta

Libor scandal and its implication

Posted by samir lodha 03 September 2012 20158 Views

How is the Libor setting done - BBA Libor is in use since 1986. Currently its calculated by Thomson Reuters on behalf of British Bankers Association (BBA). Libor is calculated for 10 different currencies and for 15 different maturi

Revised procedure for filing petition to shift the reg office

Posted by CS Ankur Srivastava 03 September 2012 69788 Views

Ministry has issued a notification on 10/074/2012 and delegated the powers of section 17, 141 & 188 of the Companies Act, 1956 to the Regional Director and also change the procedure of filing the Petition for the approvals in the respective sect

Procedure for Amendments/Changes in the Registered Firm

Posted by CS MOHIT SALUJA 03 September 2012 123466 Views

Procedure for Changes/ Amendments in the Constitution of Registered Partnership Firm The law relating to a partnership firm is contained in the Indian Partnership Act, 1932.Under Section 58 of the Act, a firm may be registered at any time (not mer

Performing Agreed Upon Procedures

Posted by Milind M. Kulkarni 03 September 2012 20670 Views

As a part of our professional work, we are often required to carry out Agreed Upon Procedures (AUP). Let us have a look at what AUP mean, what approach is required while performance of AUP and what are applicable standards issued by ICAI. Meaning AU

A look at draft guidelines of GAAR

Posted by G S Rao 03 September 2012 12517 Views

Introduction: The Union Budget 2012 contained a controversial retrospective amendment proposal and General Anti Avoidance Rule (GAAR). The effective date of GAAR was postponed to 01.04.2013 to the relief of many Assessees. In this article the int