CAclubindia Articles
Is BASEL III boon for Indian economy or a curse
I have tried my level best to make my readers understand that RBI is not going to play the old tunes of boosting the stock market. Whenever there has been a rate cut we have hoped that RBI is doing the action to boost the market and Indian industr
Cost Compliance Report and Applicability On New Industries
Cost Compliance Report and Applicability On New Industries for the year 2011-12: From the year 2011-12 onwards many companies have come under the purview of Section 209(1)(d) of the companies Act
Right To Inspect Members Register, Annual Returns Etc
Introduction There are several sections in the Companies Act, 1956 which give rights to members, debenture holders, creditors and directors. Many are ignorant of these rights as they are not appearing at one place but are appearing in different S
Institutional Placement Programme (IPP)
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
Deferred Tax in Simple Words - PART II
02 May 2012
126248 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.
'Tenancy Rights' and action under SARFAESI Act, 2002?
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
Beware Dealers Claiming Input Tax Credit
One of my clients has received the demand notice from the Commercial Tax Department of Gujarat for payment of VAT against wrong claim of Input Tax Credit. On scrutinizing the relevant documents of input tax credit it was found that Tax Invoice was i
The Indians' Craze For Gold
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
It's 3 Hours Examination which matters
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
How to face Inspection u/s 209-A of the Companies Act,1956?
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
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