CAclubindia Articles

Overview of prohibitions on insider trading under new SEBI regulations

Amitav Ganguly 06 May 2015 at 10:42

WHAT IT GENERALLY CONSTITUTES?Insider trading is one of the sins of the corporate existence which is extremely difficult to restrict. In simple terms it will involve illegal gai

Procedure for changes in particulars of directors

CS MOHIT SALUJA 05 May 2015 at 10:27

Every individual intending to be appointed as director of a company shall make an application for allotment of Director Identification Number to the Central Government in such form and manner and along

You generously help in Nepal & Get tax Benefits in India

CA Umesh Sharma 05 May 2015 at 10:27

Karneeti Part 87You generously help in Nepal&Get tax Benefits in IndiaArjuna (Fictional Character): Krishna, The whole world has trembled due to the earthquake in Nepal. Due to this earthquake Nepal has suffered terrible financial losses. To come

Basic requirements of a finance proposal

CA Satish Badve 05 May 2015 at 10:27

While submitting the finance proposal to banks or any financial institution, the proposal should contains the basic details to preliminary assess the requirement of finance as well as understand the persons behind the business. These basic details, s

Process for surrender of DIN

CS Divesh Goyal 05 May 2015 at 10:27

COMPANIES ACT- 1956As per Section 266A of Companies Act, 1956: Every individual intending to be appointed as director of Company should obtain Director Identification Number (DIN). As per Section 266C of Companies Act, 1956: No individual, who had al

Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers

Bimal Jain 04 May 2015 at 11:29

Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers and Gist of Other important Notifications - LS passed Finance Bill, 2015 The Lok Sabha passed the Finance Bill, 2015 which includes various tax proposals pres

N. No.12/2015-CE(NT) - Fate of Service Providers?

CA. C V SURYAM 04 May 2015 at 11:29

The most awaited notification on the fate of opening cenvat credit of Education Cess (EC) and SHE Cess (SHEC) lying as on 01/03/2015 has been notified on 30/04/2015. But this notification speaks about only excise duty payable by manufacturers but no

Taxation under MAT

Manish Kumar Agarwal 04 May 2015 at 11:21

Normally, a company is liable to pay tax on the income computed in accordance with the provisions of the Income-Tax Act, but the profit and loss account of the company is prepared as per provisions of the Companies Act. In the past, a large number of

Unutilised Cess lying as on 28th Feb

Anandaday Misshra, Advocate 04 May 2015 at 10:09

The Notification No. 12/2015-C.E(N.T) has created a havoc in the industry as to what to do with the unutilized Cess lying as on 28.02.2015 i.e before 01.03.2015. Before attempting on this issue, I must share that the sole intention behind issuance o

FAQ on exemption in papers

CA AnKiT BoHrA (AB) 04 May 2015 at 10:09

Frequently Asked Questions (FAQs) on �Exemption in a Paper/s� Please note that this paper is merely an attempt to provide answers to questions on the subject, posed to us, by the candidates from time to time, to the extent possible and w