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News

Communication from the President, ICAI


Dear Professional Colleagues I am happy to share with you some significant developments concerning profession and important decisions taken by the Council at its 342nd meeting held on 15th 16th April

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State share of union tax revenues raised to 42 percent


14th Finance Commission FFC Report Tabled in Parliament FFC Recommends by Majority Decision that the States Share in the Net Proceeds of the Union Tax Revenues be Raised to 42 Which is a Huge Jump fro

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Reporting on Internal Financial Control u/s 143 (3) (i) of the Companies Act, 2013


Reporting on Internal Financial Control u s 143 3 i of the Companies Act 2013 has been deferred for one year i e up to 01 04 2015 CA K Raghu President ICAI said I am happy to share that based on sugge

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Bombay HC rules in favour of Vodafone


The Petitioner Vodafone India Services Pvt Ltd is a wholly owned subsidiary of a non resident company Vodafone Tele Services India Holdings Limited the holding company In AY 2009 10 the Petitioner iss

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Inclusion of Women in Board of Directors of Companies


Section 149 of the Companies Act 2013 read with Rule 3 of the Companies Appointment and Qualification of Directors Rules 2014 makes it mandatory for every listed company and every public company havin

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Experts Opinions

Foreign director can hold all shares in company


Dear Sir Foreign Director can hold 100 shares in the company what is the provision for that

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Restriction on shareholding in public company


Dear Expert An existing pvt ltd company wants to start a public company in which the pvt ltd wish to have major shareholding ie 60 of shares and remaining 40 will be subscribed by others Is there any

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Share cerfticate and share tranfer


Dear sir Kindly advise how to prepare share certificate and share transfer process It more help full for me give the process in details Thanks regards Binu

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Buy back of shares


What is procedure of buy back of share under companies act 2013And how much a company can buy back his shares

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Procedure for converting company ltd by guarantee to shares


Dear Members Kindly provide the procedure for converting the Section 8 company limited by guarantee into company limited by shares

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Discussion

Profit on sale & purchase of shares,commodities and derivati

One of my client has trading account for shares commodity and derivatives His broker has given separate ledger for transactions related to all three securities whether any profit arising from all thre

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Dividend dist. tax on premium on redumption of pref. share

Whether premium on redumption of preference shares will be treated as distribution of profit and will this attract dividend distribution tax or not

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Dividend dist. tax on premium on redumption of pref. share

Whether premium on redumption of preference shares is considered as distribution of profits and will attract Dividend distribution tax or not

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Process to issue bonus shares to nri

Dear Friends Kindly let me know the process to issue Bonus shares to RBI by Pvt Co Whether FCGRR needs to be filed after allotement of Bonus Shares or Not Kindly guide Regards

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Conversion of optionally convertible preference shares

What is the Procedure for Conversion of Optionally Convertible Preference Shares for a Private Company under Companies Act 2013

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  • Amendments in Return Filling A.Y. 2015-16

    Amendments in Return Filling A Y 2015 16 Read more at http www caclubindia com share files files upload form asp

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  • Fee Calculator for Increase in Auth. Share Capital -updated

    Fees Calculator for Increase in authorized share capital SH 7 Revised Stamp duty

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  • Annual Return (MGT-7) and Extract of Annual Return (MGT-9)

    The Best Excel Format with Fine Print of Annual Return MGT 7 and Extract of Annual Return MGT 9 for RoC Filling As Required by Section 92 Read more at http www caclubindia com share files files upload form asp

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    hey friends its my new creativation you can type your name with just please eable macros please share your views Regards mayank bansal maybansal7 gmail com

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Articles

Bonus Issue of Shares


Procedure for Issue of Bonus Shares Companies Act 2013 1 Compliance with Section 63 of the Companies Act 2013 2 Issue can only be out of a Out of Free Reserves b Securities Premium Account c Capital R


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Secretarial Standards: Stricter norms for conduct of board and shareholders meet


Introduction The Institute of CompanySecretaries of India ICSI has long back introduced some set of rules and norms which are supplementary to the Companies Act 1956 called as Secretarial Standards an


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FAQ on tax on income from share market


Income from intra day trading is considered as speculation income and taxed as such While speculation losses can be set off only against speculation gains non speculation business losses may be set of


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GST - Grow and share together


The much awaited Goods and Services Tax GST now seems to be a reality as the broad contours are slightly visible The Finance Minister in his Budget speech made it clear he has all the intentions to im


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Further issue of share capital u/s 62 CA,2013- Part-II


Section 62 of the Companies Act 2013 deals with the Further Issue of share capital to Employees under Employee Stock Options Scheme and to any persons on preferential basis In my previous article Part


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Updated on : 6/19/2015 2:50:10 PM




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