CAclubindia Articles

Ease of doing business

CS Suhita Mukhopadhyay 28 May 2016 at 11:08

INTRODUCTIONWe are the citizens of a truly networked and interdependent world, united by global economy. In the past, business and economies were like plays (maybe by t

Rejig in SEBI(LODR) Regulations, at the eleventh hour

Yogina 28 May 2016 at 11:08

Securities and Exchange Board of India (SEBI) has come up with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016 effective wi

Most common mistake in Depreciation

Kishore 28 May 2016 at 11:07

Change in life of assets has been specified in new companies act 2013. However it does not suggested change in depreciation method. Hence there is no need to recalculate effect of depreciation from the period of asset inception for depreciation. Chan

Applicability of companies act, 2013 based on limits

CS Divesh Goyal 28 May 2016 at 11:07

Sr No. Provision under Companies Act, 2013 Applicability of Provision Non-Applicability of provision 1 XBRL (General Circular No. 16/2012 Dated: 06.07.2014.) a) All companies LISTED w

Excise Duty on Jewellery - A Nightmare

Amrit Dalmia 27 May 2016 at 10:28

In this year�s Budget, a nominal excise duty of 1% [without CENVAT Credit on Capital Goods and Inputs]and 12.5% [with CENVAT Credit on Capital Goods and Inputs] has been imposed on articles of jewellery [excluding silver jewellery, other than s

Solved paper of Corporate & Allied Laws for CA Final May 2016

Tejpal Sheth 27 May 2016 at 10:28

Question 1(a)Explain the law laid down under the Companies Act, 2013 in respect of filing of annual financial statements with Registrar of companies. In the following two situations who is liable for the default.i. Where financial statements of the c

Ind AS 16 quick review

Ankur Dudani 27 May 2016 at 10:28

Quich Review of IND AS 16IND AS 16 deals with Accounting & depreciation of property, plant and equipment which are covered by existing Accounting Standard 10 (Accounting for Fixed Assets) & AS 6 (Depreciation Accounting).1. Meaning of Fix

Roller coaster or an aircraft?

Prof. Bajaj 27 May 2016 at 10:28

In A Roller Coaster, the starting point and ending point is the same.In Aircraft, your starting point is a different city / country than your destination at end of the journey. In A Roller Coaster, your purpose is to have fun in the ups and downs. Yo

Full CPT revisionary notes applicable for June 2016 exams

CA Arpita Tulsyan 27 May 2016 at 10:27

Accounting � An IntroductionMeaning and Scope of AccountingTransaction is used to mean �a business, performance of an act, an agreement� while event is used to mean �a happening, as a consequence of transaction(s), a result.�Meaning of AccountingAccounti

IFC - Relevance of Information Technology in Internal Controls

Rahul Magan 27 May 2016 at 10:27

The purpose of internal controls is to identify, manage and control risks that could prevent the organization from achieving its objectives. The information technology (IT) function designs, develops, implements and maintains much of an organization&