CAclubindia Articles

'Tenancy Rights' and action under SARFAESI Act, 2002?

Posted by Durga Rao 02 May 2012 26078 Views

Banks used to take advantage of the provisions of SARFAESI Act, 2002 earlier in taking possession of the secured asset even when the tenant was in possession of the property. Absolutely, there is no difficulty in taking the possessio

Deferred Tax in Simple Words - PART II

Posted by Vignesh Killur

02 May 2012 126225 Views

The Day is 1st of April 2001; the Indian Accounting Fraternity is introduced to the concept of Deferred Tax. Accounting for Taxes on Income (AS 22) is applicable to different categories of enterprises from different dates. TABLE 1.

Institutional Placement Programme (IPP)

Posted by Victor J uruvath 02 May 2012 52325 Views

Foreword The article intends to study the provisions of Institutional Placement Programme (IPP) - a recently introduced mode of raising additional capital, in order to comply with minimum public shareholding

The Indians' Craze For Gold

Posted by Tony John 30 April 2012 16994 Views

Gold is a precious metal which is well-known for its shiny, yellow colour. It got its name 'gold' from an Anglo-Saxon world 'gelo', which means yellow. On the other hand, in Chemistry, it has been

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