CAclubindia Articles


New Takeover Code: Disclosure Requirement

Posted by CS Ankur Srivastava 10 July 2012 44237 Views

SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 Gist of: Acquisition of Shares and Disclosure Requirement Substantial Acquisition of Shares, Voting Rights or Control Acquisition: Acqu



Who's Stealing my money?

Posted by Prof. Bajaj 09 July 2012 16475 Views

Today I have accumulated enough money to buy a new bicycle for myself , said Rahul, a 13 year old kid, who was saving money from last 3 years in his piggy bank. He was quite impressed with his fathers philosophy of saving mone



Hotel Industry - Negative List is positive

Posted by Pradeep Jain 10 July 2012 29315 Views

Introduction:- Service tax by way of Negative list is the beginning of a new era in the 18 years old Service tax law. Mo



Service Tax Liability on Sub-Brokers

Posted by CA Prateek Kr. Agarwal 09 July 2012 50140 Views

Please note that Sub-Brokership and service as an authorised person to a member of a commodity exchange is not covered under negative list, instead it is covered under Mega Exemption notification 25/2012 dt 20-06-12. Hence, one need to first get re



Works Contract - Negative List - Unanswered Questions

Posted by Pradeep Jain 09 July 2012 58647 Views

Introduction:- Service tax on Works Contract was introduced on 1.6.2007. Starting with an attractive rate of 2% service tax on the co



The Bermuda Triangle mystery created by Negative List

Posted by Pradeep Jain 09 July 2012 19299 Views

Introduction:- After six years of uncertainties, finally section 66A of the Finance Act, 1994 has few more days to survive. 1.7.2012



Open a Winning Account: ACE The CA

Posted by Aniket 07 July 2012 19222 Views

An expanding economy along with complex regulations has led to a demand in the business world for expert advice. In the pecking order of finance, Chartered Accountants (CAs) rank at the top as managers, consultants, bankers and tax advisors. Break



Currency Translation Reserve

Posted by Sanjay Chauhan (IFRS) 09 July 2012 76932 Views

A. Objective: This topic covers accounting for non integral operations under AS 11 in specific and its comparison with IAS 21. B. Back Ground: With the intent to Go Global, Indian entrepreneurs are now expanding their business focus in variou



Proper Articleship

Posted by Madhukar N Hiregange 06 July 2012 111038 Views

IMPORTANCE OF PROPER ARTICLESHIP The Chartered Accountancy course in India is amongst the best of its kind in comparison to the courses offered in other countries. Also, it is rated as one of the most difficult professional courses among all other s



Analysis of Declared Services, Exemptions, Abatements

Posted by Madhukar N Hiregange 06 July 2012 88360 Views

Foreword With Effect From 1st July 2012, the CBEC has proposed and the Parliament has passed the switch from an ad hoc system of selecting services to tax, to a negat




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