CAclubindia Articles

Issue of Preference Shares under the Companies Act 2013

Posted by Tanuj Chandra Saxenaa 24 March 2022 4541 Views

Preference shares as the term implies are the shares that having priority over the equity shares. These shares contain a preferential right to receive the dividend as are declared by the company on first priority basis.

The Supreme Court of India has once again reiterated - Principles of Good Faith

Posted by FCS Deepak Pratap Singh 24 March 2022 3330 Views

The Supreme Court of India has once again reiterated one of the foundational principles of Insurance Law: Non-disclosure of material information by an Insured at the time of entering into a contract of insurance would entitle a prudent Insurer to repudiate a claim made under the underlying policy on such ground.

Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19

Posted by Rohit Kumar Singh 24 March 2022 11928 Views

We bring to you a summary of the instruction along with indicative list of parameters for scrutiny (though the list is indicative and proper officer may include additional parameters).

Just compensation under Motor Vehicles Act 1988

Posted by FCS Deepak Pratap Singh 24 March 2022 4290 Views

The Motor Vehicle Act of 1988 is a comprehensive Act that has replaced the Motor Vehicle Act, 1939. It was implemented on 1st July 1989. The first Act that came in force regulating the road transport vehicles was the Motor Vehicles Act, 1914.

Provident Fund and The Art of Making an Online PF Withdrawal

Posted by Amit Kumar 23 March 2022 3592 Views

If you're looking for "Provident Fund meaning", then you should know it is well-known with the slogan "Savings for the Future." According to the National Portal of India, any organization with 20 or more employees is mandated to register with the Employees Provident Fund Organization.

CGST department likely to commence Scrutiny of GST returns for 2017-18 and 2018-19

Posted by CMA Navneet Kr Jain 23 March 2022 28880 Views

The CGST department was gearing up all these years and providing training to its officials to undertake GST scrutinies in a professional way and now it has come up with Standard Operating Procedure.

Capital gains and its taxability

Posted by Taxblock 23 March 2022 8050 Views

Capital gains are the amount of net profits(gains) that the investor makes from selling of any capital assets over the purchase price of that assets. The entir...

Clearing CA Exams / Overcoming failure (Unpopular Opinion)

Posted by Abhishek Panegal 23 March 2022 4770 Views

The simple point is to look outside the box of "CA". There is an entire world out there, where we have people from what diverse backgrounds are pursuing their dreams!

Fraud Reporting under Companies Act, 2013 and CARO 2020

Posted by Neethi V. Kannanth 23 March 2022 32903 Views

Fraud in relation to affairs of a company or any body corporate, includes any act, omission, concealment of any fact or abuse of position committed by any person or any other person with the connivance in any manner

Whether Notional Interest on Security Deposit paid by employer for accommodation of its employee will also be included while calculating perquisites

Posted by FCS Deepak Pratap Singh 23 March 2022 4104 Views

Perquisite value of a residential accommodation provided by the employer to its employee will be calculated on the basis of actual rent paid or payable and no notional interest on Security Deposit deposited by employer