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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

Renouncement of shares


Hello A private company wants to issue shares to a non member Is that possible if the company make a right issue and existing members renounce the right to the non member Further the allotment of shar

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Share application money


Dear Experts Kindly let me know what is the period in which the company has to issue shares to investors out of the share application money

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Fema & fdi rules regarding investment in shares


Dear All A Company which is a foreign company has invested 90 in Company B which is Indian Company under FDI Policy Now B Company Wants to Invest in shares of Company C which is another Indian company

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Trading in shares


A company s main business is Financial consultancy service But they also trade in shares My doubt is whether it is to be treated as investment and value as per AS 13 or or to be treated as stock in tr

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Transfer of shares in electronic form


sir my father wants to transfer shares held by him in electronic form to my demat account kindly guide me regarding the procedure to complete the above transaction an application was made to respectiv

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Discussion

Loan against its own shares to directors/shareholders

Respected Sirs There is a private limited Non banking Finance Company rgd with RBI as per RBI guidelines the capital of said company should be Rs One crore by March 31 2016 and Rs two crore by March 3

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Clarifications sought from a share holder of pvt ltd co.

Dear Sir I am a share hoder of a pvt ltd co having both equity and preferential shares Recently i requested the company to send me soft copy of preferential shares offer document and also requested to

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Procedure for transmission and transfer of shares

If a foreign national having shares in an Indian Company dies intestate 1 Can the legal heirs obtain a succession certificate from the domestic courts inIndia 2 In case of transfer of shares by the fo

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Shares

I hv purchased shares worth rs 5000 thru dmat account and sold wen it reached rs 5542 so how can I treat this in my itr

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Ddt & dividend to shareholder after 01/10/2014

If a company want to declare dividend and management has decided that distributable surplus is 8 crore inclusive DDT therefore now the question rise for calculation of dividend tax I have done this ca

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File Download

  • 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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  • Very Creative:: Type your name in new style

    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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  • Investor's Awareness

    Hi Friends Hope my presentation would enable you to help in creating awareness in investing in shares and debentures

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  • Change in Service Tax Rate effective from 01.06.2015

    change in Service Tax Rate effective from 01 06 2015 Read more at http www caclubindia com share files files upload form asp

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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 : 6/12/2015 11:41:09 AM




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