CAclubindia Articles

Capital Gain - Part 1

Posted by Manish Kumar Agarwal 28 April 2012 74807 Views

UNDERSTANDING TAX ON CAPITAL GAINS WITH LATEST CASE LAWS: PART - I Taxation of Capital Gain is the most disputed subject amongst all major tax disputed subjects. Generally, the capital gain tax not comes to every assessee and it may come in hi

How to face Inspection u/s 209-A of the Companies Act,1956?

Posted by G S Rao 28 April 2012 20837 Views

Introduction I am overwhelmed by the response of the readers to my previous articles on Inspection and Investigation. It motivated me to continue the series. I felt that it would be more appropriate, if I cover the preparatory steps to face inspec

It's 3 Hours Examination which matters

Posted by CMA Raveendranath 28 April 2012 31878 Views

It gives me great pleasure to write articles on topics which helps students in better performance in exams. Out of my experience, both in professional practice and as a trainer for professional course, I feel that there is a wide gap between student

Taxability of Gifts

Posted by CA AJIT YADKIKAR 25 April 2012 111992 Views

Taxability of gifts received by an individual or Hindu Undivided Family Gifts received by an individual or Hindu Undivided Family (HUF) are taxable in certain situations as prescribed by Income tax Act. The gift may be in the form of money or p

Sick companies - The Companies Bill 2011

Posted by Victor J uruvath 25 April 2012 63303 Views

Our existing companies act 1956 was enacted based upon the recommendations of the Bhabha committee with an object to amend and consolidate the law relating to companies and certain other associations. The Com

Foreign Exchange Management Act, 1999 (FEMA): Basic Understanding

Posted by Ajay Mishra 25 April 2012 392002 Views

INTRODUCTION A system of exchange control was first time introduced through a series of rules under the Defense of India Act, 1939 on temporary basis. The foreign crises persist

Want to Avail Portfolio Management Services?- Invest More

Posted by Sikha Bansal 23 April 2012 17726 Views

A portfolio manager is a body corporate who, pursuant to a contract or arrangement with a client, advises or directs or undertakes on behalf of the client, the management or administration of a portfolio of securities or the funds of the client. T

Critical issues under SARFAESI Act, 2002?

Posted by Durga Rao 23 April 2012 42578 Views

It is always welcome to enable the Banks to recover their dues using the provisions of SARFAESI Act, 2002. It is known that it is very difficult for the Banks to approach Civil Court asking for a decree and getting that decree executed. With the i

AMT v/s. SEZ units

Posted by Madhuri Jain 23 April 2012 32459 Views

Has the Finance Act, 2012 tried to make illusionary the exemption benefits available to SEZ units u/s. 10AA of the Income Tax Act ? First of all, let us briefly go through the provisions of exemption u/s. 10AA of the Income Tax Act and the Alt

The Companies Bill, 2011 - Welcome Reforms for Independent Directors

Posted by Victor J uruvath 23 April 2012 17868 Views

Introduction When we hear that an individual is appointed as an Executive Director of a company, we know that his duties include fiduciary duties, statutory duties and duty