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CAclubindia Articles


Variation Of Shareholders Right - Section 47 Of The Companies Act, 2013

Posted by Neha Rajan Redekar 18 October 2021 13480 Views

As per section 110 of the Companies (Management and Administration) Rules, 2014 unlisted public companies having more than 200 shareholders shall pass the special resolution through postal ballot only.



Taxability Of Income From Downlinking Television Channels In India By Foreign Companies

Posted by FCS Deepak Pratap Singh 18 October 2021 5358 Views

Discussing the taxability of income of a foreign company for downlinking television channels in India and income from display of uncut and unassorted diamonds by a foreign citizen in the Bharat Diamond Bourse.



Never ending loop of comparison

Posted by Abhishek Panegal 18 October 2021 2234 Views

A simple thing that we need to do first is embracing and accepting our authentic selves. We all know we are flawed. That's the first step towards self-love!



Incorporation of Section 8 Micro Finance Company

Posted by CS Raunit Gupta 18 October 2021 3886 Views

A Microfinance company can be easily established by registering it as a section 8 company under the framework which is promulgated as the Companies Act, 2013.



Liability of Director as Guarantor for Debts of the Company

Posted by FCS Deepak Pratap Singh 18 October 2021 20941 Views

A personal guarantee by a director is a contractual promise to pay the debts of the company in the event that the company is unable to pay the guaranteed debt. ...



Once a Chartered Accountant Always a Chartered Accountant

Posted by Poojitha Raam Vinay pro badge 16 October 2021 16222 Views

We normally do not ask any Engineer or Doctor how many attempts or years they have taken to complete their course. Then why ask a Chartered Accountant?



MCA / ROC Compliance Calendar & Updates - October, 2021

Posted by CS Lalit Rajput 16 October 2021 6021 Views

Discussing compliance requirements and important updates under the Companies Act, LLP Act, and ROC Return Filings for the month of October 2021.



Tax implication on self generated goodwill when conversion of proprietor into partnership

Posted by FCS Deepak Pratap Singh 16 October 2021 4017 Views

Where proprietor business is converted into a partnership, the exclusive interest of the proprietor is reduced and the business assets become sets of the firm in which he becomes a partner.



Whether Upfront Payment of Interest on Debentures Allowed as Deduction in the Year of Payment

Posted by FCS Deepak Pratap Singh 16 October 2021 1735 Views

Recurring subscriptions paid periodically by shareholders, or subscribers in Mutual Benefit Societies which fulfil such conditions as may be prescribed shall be deemed to be capital borrowed.



Computation of Income under Section 44AD - Part IV

Posted by CA.R.S.KALRA 15 October 2021 13938 Views

Section 44AD provides that if a taxpayer is engaged in an eligible business and having a turnover of Rs. 2 crores or less, its profits are deemed to be 8% of the total turnover or gross receipts.




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