CAclubindia Articles

Complete understanding of Section 62 and 42 of the Companies Act 2013

Posted by CA Sumat Singhal 28 April 2016 72244 Views

A COMPLETE AND CLEAR UNDERSTANDING OF SECTION 62 & 42 OF THE COMPANIES ACT 2013FURTHER ISSUE OF SHARE CAPITAL Section 62 of the Companies Act 20131) Where at any time, a company having a share capital proposes to increase its subscribed capital b

Analysis of defects in appointment of directors

Posted by Amitav Ganguly 27 April 2016 34050 Views

BACKGROUNDThe Board of Directors { Board} of a company is its highest decision making organ whose actions are however subject to shareholders jurisdictions as per the scheme of the Company jurisprudence. The directors constituting the Board act colle

SME !! A New Opportunity for Private Company !

Posted by MEETESH SHIROYA 27 April 2016 14442 Views

In the Present era, the market is booming up so every Company want to take opportunity to earn more from the same market and want to get maximum benefits out of that, so what are the ways available for Company to avail such benefits. So for that, Pri

Auditors Can Deliver Accurate, Swift Results with Integrated Business Intelligence Tools

Posted by Arbuda Dave 27 April 2016 8328 Views

When an enterprise engages in an audit process, it must have access to data from numerous systems and sources. This data will play a crucial role in gathering facts, analyzing processes, getting to the heart of issues and problems, uncovering and mit

Service Tax - Taxability, Negative list & Exemptions

Posted by Vinesh R Savla 27 April 2016 18421 Views

Taxability, Negative list & Exemptions in Service Tax Charge of Service Tax: On All service unless specified in Negative list or Exempt.Not a service - So Not taxable: (i) Sale, Gift(ii) Deemed Sale (Article 366 of the Constitution)(iii) Transact

Being a Chartered Accountant

Posted by Vivek Agarwal 26 April 2016 35146 Views

In today's world Chartered Accountants find the easy way out to grab a job in industry with good package and ensure a secured future. The appetites to take risk of CA�s have gone down tremendously in recent past. The ratio of CA in practi

Standards on Auditing - Not a choice but a compulsion

Posted by Vivek Agarwal 26 April 2016 18726 Views

What are Auditing Standards?The Standards on Auditing is an area which requires greater focus of CA in practice as well as our administrative bodies who are updating our members. The Companies Act 2013 has discussed it in detail which was absent in e

Mounting NPAs: What Went Wrong?

Posted by CP Jain 26 April 2016 9658 Views

In last 15 years, Indian Banks have tasted huge jump in non- performing assets. This has grown with the growth in advances which is quite convincing. Currently, NPA are more than Rs. 5.00 Lac Crs. or about 75 billion USD. Actual figures of NPA and s

Can Existing Company be converted into a Limited Liability Partnership?

Posted by Gaurav 26 April 2016 10149 Views

A company is an association formed by people, whether living or artificial, with a motive to earn profit. It is a legal entity which has the power to ask money from outsiders in the form of shares, may it be privately owned or public. An existing com

Income Tax Provision for Doctors

Posted by CA MOHIT SINGHAL 25 April 2016 28855 Views

Among the busiest of professionals, doctors have little time to learn about the latest tax law. Tax planning is often neglected in the crush of other obligations. Being India�s Top 10s income earners, they have need to give more attention to th