CAclubindia Articles


Central Excise Duty Assessment on Ready Made Garments

Posted by Rajesh Kumar 01 March 2011 60290 Views

Excise duty at the rate of 10% shall now apply to ready-made garments and made-up articles of textiles falling under Chapters 61, 62 and 63 (heading nos.63.01 to 63.08) of the Central Excise Tariff except those falling under heading nos.63.09 and



CLB: Procedure before CLB under section 397/398?

Posted by Durga Rao 01 March 2011 13334 Views

There was a specific objective behind section 397/398 of the Companies Act, 1956 and a great responsibility is cast upon the Company Law Board to protect the interests of the minority shareholders, to put an end to the matters complained of and to



Impact of Introduction of IFRS on Indian Businesses.

Posted by anurag 01 March 2011 19734 Views

India has committed itself at the G-20 to make its companies, IFRS compliant from April 1st, 2011. Though India has not adopted the IFRS in full but it converged its Accounting Standards (AS) to get those in line with the international reporting s



Cental Government grants general exemption u/s 212 & 211

Posted by Aditi Jhunjhunwala 01 March 2011 9947 Views

Notification no. 2/2011 dated 8th February, 2011 issued by the Ministry of Corporate Affairs has granted general exemption to companies from sec 212 and sec 211 The general exemption comes at quite a handy time as the financial year is coming to a



Two Exemption Notifications: litigation inbuilt

Posted by Pradeep Jain 01 March 2011 23926 Views

Two exemption Notifications: litigation inbuilt Prepared By: - CA. Pradeep Jain CA. Preeti Parihar Introduction: - The honble Finance Minister of India has introduced the Finance Bill, 2011 on 25.2.2011. This bill has withdrawn a no. of exe



Direct Tax Impact on Budget 2011

Posted by Manish Kumar Agarwal 01 March 2011 9816 Views

MAJOR HIGHLIGHTS OF UNION BUDGET: 2011-12The following are the major Highlights of the Union Budget 2011-12 presented by the Honble Finance Minister Mr. Pranab Mukherjee in the Parliament on Monday (i.e. Feb. 28th 2011)DIRECT TAXES The proposa



Union Budget Highlights

Posted by CA Sudhir Halakhandi 01 March 2011 11599 Views

BUDGET-2011 BUDGET HIGHLIGHTSCA SUDHIR HALAKHANDI DIRECT TAXES CODE WILL BE EFFECTIVE FROM 01-04-2012 STATES WILL BE ENCOURAGED TO AGREE ON GST INDIVID



Some Important changes in Income Tax after Budget 2010-11

Posted by Amit Bajaj 01 March 2011 16580 Views

Rates of Income Tax : in the case of every individual or Hindu undivided family or every association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31



Budget 2011- Income Tax Perspective

Posted by Pavan Jain S 01 March 2011 8467 Views

Section /Schedule Head Amendment/New Provision Effective date Part III to Schedule I Advance taxes & TDS u/s 192



Key Features of Budget 2011-2012

Posted by Guest 28 February 2011 21063 Views

Key Features of Budget 2011-2012 OPPORTUNITIES Swift and broad based growth in 2010-11 has put the economy back to its pre-crisis growth trajectory. Fiscal consolidation has been impressive. Significant progress in critical inst




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