CAclubindia Articles

It's 3 Hours Examination which matters

Posted by CMA Raveendranath 28 April 2012 31880 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 111994 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 63308 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 392004 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 17727 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 42582 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 32460 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 17873 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

Steps for E-Filing of Service Tax Return

Posted by Naveen Chand Khulve 23 April 2012 318868 Views

W.e.f. 01.10.2011 vide Notification No. 43/2011 Service Tax, dated 25.08.2011 E-filing of Service Tax Returns (ST-3) made mandatory for all Assessees . Here is the steps for e-filing of service tax return Steps for E-Filing of Service Tax Re