CAclubindia Articles

Will the RBI deregulate the savings account interest rates?

Posted by K Srinivas, CMA CS 21 September 2011 11366 Views

A banks operational performance depends on it ability to get low cost deposits and to lend it to borrowers at a higher rate. Banks typically mobilise the funds from the public using various types of deposits like Current ac

Subsidiaries under section 397/398 of Companies Act, 1956?

Posted by Durga Rao 21 September 2011 15702 Views

It is very frequently alleged that the remedy available to shareholders under section 397/398 of the Companies Act, 1956 is not effective. There are several issues to say as to why the remedy available to the shareholders under section 397/398 of

Tips to face stress at office - Articled Assistant

Posted by Sreeniketh Angara 21 September 2011 18096 Views

FRIENDS.... People are much stressed out at their Office due to unwanted pressures from their Boss and their peers. Given below are some tips to avoid the same: 1. First relax. Office is the place where you are going to learn some work. 2. Listen to

Chargeability of gifts made to HUF u/s 56 of IT Act

Posted by Gaurav Pahuja 20 September 2011 21896 Views

Chargeability of gifts made to HUF u/s 56 of I.T Act 1961 In this article the author has made an attempt to distinguish between the exemption benefits granted to Individual or HUF on gift received by them, although both of them are covered by the

Correction in Challan Paid

Posted by Manish Kumar Agarwal 20 September 2011 12699 Views

Summary : Earlier correction was not possible in challans while making errors at the time of payment. Same is now possible from bank, but you should contact the bank within 7 days. Challan Correction Mechanism Under OLTAS (On Line Tax Accou

Snapshot of Independent Director

Posted by CS Pankaj Khanna 20 September 2011 6320 Views

INDEPENDENT DIRECTORS A Snapshot. The new legislation may require an independent director to have understan

IGST Model - An Innovative Idea

Posted by Nagesh Bajaj 19 September 2011 22908 Views

The First Discussion Paper produced by the Empowered Committee of state Finance Ministers has come out with an innovative way to deal with inter-state transaction of goods and services. The forthcoming GST will be dual in nature and will be levied o

Forfeiture of Shares

Posted by CS Ankur Srivastava 19 September 2011 99738 Views

While making calls the following basic requirements must be satisfied: (i) For each call at least 14 days' notice must be given to members. (ii) Stock exchange(s) shall be advised of the proposal a

Self Study Vs. Tuition Classes - The Burning Debate

Posted by CA Sourabh Agarwal 19 September 2011 104382 Views

Should I go for self study or coaching? What subjects to take and what to leave at a time? Which faculty will be good? Either go for all subjects at once and then revise at own? I think almost each one of us has been caught in such a situation. The

Problems and Solutions in E-TDS

Posted by SIVARAMAN and SUNDARAM 19 September 2011 35470 Views

E TDS PROBLEMS AND SOLUTIONS The topic of TDS (Tax Deducted At Source) is most important now days. If the assessee does not get the Tax credit in his Income Tax Return for the TDS deducted by the deductor, this may result in additional