CAclubindia Articles
Last Date to Appoint Cost Auditor & Penal Provisions
Last date for appointment of Cost Auditor for f/y 2012-13 by the Comanies is 29th June(90 days from start of f/y),before that comany has to pass the board resolution for appointment from auditor and obtain cerificates of independence and arm len
Health and Stress Management
Clouds come floating into my life, not to carry rain or usher storm, but to add color to my sunset sky. ~ Rabindranath Tagore Similarly, work and
Stock Options - Measurement, Accounting & Disclosure
A. Stock Options Stock Options are getting more prevalent as part of compensation package in many entities in India especially MNCs that are listed on Stock Exchanges in India and abroad, either directly or through the stock of its holding Company
Tax Compliance and Planning for Salaried Individuals
This issue of the newsletter aims at creating awareness amongst salaried employees about various tax compliance and possible tax planning over the year. We are in the month of June wherein the last financial year (FY) 2011-12 has gotten over and due
Prevention of money laundering Act 2002
Money Laundering Money laundering is the processing of criminal proceeds to disguise its illegal origin. Money laundering has 3 main parts: 1. Placement :- where larger amounts of money broken into small amounts 2. Layering :- Movements of fund
Performance of Indian Boards
The board of directors have the responsibility for steering the organization in the right direction and guiding the CEO and senior management. However, worldwide they are lambasted for catering to the manifested interest of CEO and senior manageme
Understanding Income from Other Source with Latest Case Laws
Any income which does not fall under the heads of Salary, House Property, Business & Profession and Capital Gain will fall under the head Income from Other Source. Hence, this is the residuary head of income. Hence, it is very important to under
Latest on Negative List
Negative List of Service Tax In the Existing List ,only the services specified in clause (105) of section 65 of the Finance Act ,1994 are taxed under the charging section 66.In the new system ,all serv
Closing a Company
A company may wind up its affairs in two ways:- Fast Track Exit Voluntary Winding Up
Insurance Claim: - An Easiest Approach to Understand
Introduction: There are various risks attached today with business, whether it is small, medium, or large. One of the major risks is losses suffered by businesses due to fire, theft or earthquake. Insurance companies ready to bear these losses if t
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