Articles by Dilip K Raina

Holding of Annual General Meeting beyond Prescribed Time

Dilip K Raina 17 April 2012 at 11:28

Section 166 of the Companies Act 1956: As per the requirements of Section 166 of the Companies Act 1956 every company whether a public company or private company is required to hold in addition to other meetings a meeting of its members annually c

TDS on Transfer of property

Dilip K Raina 26 March 2012 at 18:29

TDS on Transfer of property- a bombshell In order to ensure that the real estate transactions come within the tax net, the Finance Bill presented along with the Budget 2012 proposes to insert new section 194LAA with effect from 01.10.2012 providin

Effective Communication - An experience

Dilip K Raina 16 August 2011 at 19:19

Recently I got a chance to attend a workshop on effective communication, really an important and helpful subject for all of us especially for those who want to live. Every creature on this earth communicates in his/her own way, own language, own

Specialization for Survival for Chartered Accountants

Dilip K Raina 13 June 2011 at 11:52

Gone are the days when a chartered accountant in profession use to provide service to the clients with authority and client was supposed to reveal everything during the process of audits or other consultancy services being availed by such clients? T

Auditor's Nightmare

Dilip K Raina 25 April 2011 at 15:16

Believe it or not, with every breaking news with respect to fraud/misappropriation/or untenable and unreasonable demands of different government authorities, the most affected and harassed person, now a days, is the auditor or the auditing firm who

Auditor's Horrible Nights

Dilip K Raina 07 January 2011 at 12:47

Believe me or not with every breaking news with respect to fraud/misappropriation/ or untamed demands of different government authorities relating to earlier years the most effected and harassed person you will find is the auditor or the auditing

IFRS-Implementation

Dilip K Raina 03 August 2010 at 17:03

Possible impact on Revenue Recognition in Realty Sector-A viewAdopting, practicing and applying uniformity of the principles of revenue recognition to an industry on overall basis without much room for assumptions and willful adjustments is expected

Medical Insurance -some concerns

Dilip K Raina 19 July 2010 at 12:57

Medical Insurance-some concerns The basic concept of pooling resources at large to compensate few who suffer losses due to unforeseen calamities finds mention in the ancient history way back to the times of Manu and Kautilya. India has a rich hi

IMPLEMENTING IFRS

Dilip K Raina 16 June 2010 at 10:29

FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES-IAS 29 Since we are talking of accounting standards which are acceptable internationally, thus the quality of such standards making them stable and dependent in the long run for better presentation

IMPAIRMENT OF ASSETS UNDER IFRS

Dilip K Raina 24 May 2010 at 11:45

IMPAIRMENT OF ASSETS UNDER INTERNATIONAL FINANCIAL REPORTING STANDARDS(IFRS)-A VIEW While some of our professional brothers will be updating their knowledge to be ready for the implementation of IFRS from the next financial year the need of the hou