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Vijay Kalia

Articles by Vijay Kalia


16 August 2013 at 12:16

CSR Under Companies Bill 2012

  POSTED BY Vijay Kalia

CSR Under New Company Bill 2012: The Companies Bill 2011 was introduced in the month of December, 2011 in the Parliament and referred to Parliamentary Standing Committee on Finance which submitted its report in June, 2012 based on which the Bill of

  4 comments |   6213 Views


28 February 2013 at 12:17

Budget Expectations

  POSTED BY Vijay Kalia

The expectations from the 2013 budget which require consideration of the FM are highlighted as follows though some of them look more radical and pointed but worth the salt: 1. The budget should aim at reducing fiscal deficit. The budget shoul

  1 comments |   1088 Views


17 January 2013 at 13:40

Our Role is circumscribed: Salute NFRA!

  POSTED BY Vijay Kalia

I had the occasion to write sometimes back on this website in my articles Repot on Satyam Fiasco about the fact that we lost an opportunity in Satyam Computers fraud case as our re

  6 comments |   2434 Views


16 March 2012 at 12:15

Great Expectations - Union Budget

  POSTED BY Vijay Kalia

The budget is scheduled to be presented on 16TH the Friday and I expect some of the measures herein after detailed though the big ticket reforms in the form of DTC and GST are kept at bay. DTC (2010) the recommendat

  0 comments |   1717 Views


14 March 2012 at 13:54

Manufacture by Job

  POSTED BY Vijay Kalia

Manufacture by Job-worker Availing Exemption-Allowability of Cenvat Credit: The issue dealt herein is with respect to the availability of cenvat credit for inputs or input services to a job worker who utilizes such inputs for manufacture of goods

  2 comments |   3449 Views


03 March 2012 at 13:31

Vodafone Review Needed

  POSTED BY Vijay Kalia

VODAFONE: REVIEW NEEDED AT THE TOUCHSTONE OF MCDOWLL 5-JUDGE JUDGMENT In recent history of taxation the case of Vodafone International Holdings would always occupy a prominent place as the law laid down now would continue to hold their sway in mo

  8 comments |   3048 Views


24 February 2012 at 12:04

Accounting Frauds

  POSTED BY Vijay Kalia

MANIPULATIONS THROUGH ACCOUNTING AND FRAUDS: Introduction: India figures amongst the top nations so far as stashing the black money abroad is concerned. It is estimated that one fifth of our GDP is there running parallel in the economy which transl

  10 comments |   5981 Views


30 August 2010 at 12:00

Report on Satyam Fiasco

  POSTED BY Vijay Kalia

ICAI‘S SATYAM REPORT OF LITTLE USE – MCA DISMISSES- NEED WE BE COMPLACENTThe news is most disturbing and most of us seem to have taken it in their stride but being a senior member of the chartered accountant community, the news has shaken

  4 comments |   3782 Views


21 June 2010 at 13:03

Revised Discussion Paper: That Soothes that seethes

  POSTED BY Vijay Kalia

The revised discussion paper on direct tax code has been released on 15th of June, 2010 after the stormy criticism of the first discussion paper which was released in August, 2009. Most of the concerns that have been raised have been taken care of an

  0 comments |   1382 Views


23 January 2010 at 11:46

FBT FIRST INSTALMENT PAID-REFUND OR ADJUSTMENT

  POSTED BY Vijay Kalia

FBT FIRST INSTALMENT OF JUNE QURATER PAID-REFUND OR ADJUSTMENT?FINANCE ACT (No.26), 2009 AND FINANCE ACT (No.2), 2009The Finance Bill (No.2), 2009 could be presented on Sixth of July, 2009 due to formation of new government but by that time many cor

  3 comments |   2955 Views






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