CAclubindia Articles

Civil Services as a Career for Young Chartered Accountants

Posted by CA CMA CS VIRAG SHAH 16 May 2016 28417 Views

The Civil Services is the permanent bureaucracy of the Government of India. The civil service system is the backbone of the administrative machinery of the nation. Civil Services offer an att

Lets excel in Excel - Funda # 2

Posted by CA Nayan Gupta 16 May 2016 15414 Views

Hey friends!! Welcome back. It was great to receive a prodigious response on my earlier post on �Excel Fundas�. I�m glad that people found it useful. For the people, who missed out my earlier post, this series of posts is an attempt

Inherent Powers of the High Court

Posted by Kapil Chandna 16 May 2016 5470 Views

The concept of inherent powers under section 482 as declared in Cr.P.C in the context of the high court finds its essence in the fact that the courts are created for the purpose of doing justice in the case. The courts per se have all powers to take

Highlights and Analysis on Companies (Amendment) Bill 2016

Posted by Bhavik Gala 16 May 2016 9114 Views

BACKGROUNDThe Companies Act, 1956 was the principal legislation governing the company law in India for more than six decades. It was then replaced by a new legislation, Companies Act, 2013 (hereinafter referred to as �Act��) in the

Suggested answers of Indirect Taxes (CA-IPCE) for May, 2016 Exam

CSR Reporting - Creating a liability for an asset

Posted by Sundharesan Jayamoorthi 14 May 2016 13049 Views

Section 135 of the Companies Act, 2013 (Act) deals with the provisions of Corporate Social Responsibility (CSR) and requires every company that comes under the purview of the mandatory spend to spend on CSR in that financial year. The Guidance note o

Service Tax - Settlement of cases

Posted by CA Neha Gupta 14 May 2016 10199 Views

Service tax which is an indirect tax is no more far from us. We all pay Service tax on services received. The scope has been widened by introduction of negative list and presently almost all services are covered under the tax provisions.Like, direct

Work Hard And Earn Yourself Moments To Party Harder

Posted by Nimish Goel 13 May 2016 15713 Views

Yesterday it was my wedding anniversary, completing 11 years of togetherness with Anu. These 11 years have been a great journey together and Anu and me have lived some wonderful moments together. In these 11 years we have not only travelled extensi

Financial Suicide - Are you committing it?

Posted by Raghav Behani 13 May 2016 11885 Views

Mr. Young's Mother-In-Law has gifted Daamadji Rs. 1,00,000 on his birthday. Excited with the windfall he decides to buy the latest smartphone and invest whatever is left. So he is spending Rs. 50,000 and saving Rs. 50,000. How he buys the smart p

How do we design Effective MIS?

Posted by Tulasi S Sastri 13 May 2016 18760 Views

This is a concept note on MIS, which attempts to cover many types of Business Models we normally see. Accordingly, to any particular organization, only some of the modules covered here would be relevant.As you see in the chart below, an organization