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CAclubindia Articles


What is domestic transfer pricing?

  Karan Khatri    27 March 2015 at 10:48

INTRODUCTIONApplicability of transfer pricing provisions was earlier limited to International Transactions only. With effect from 01.04.2013, the scope of Transfer Pricing provisions is extended to Specified Domestic Transactions and is



Loan to Directors- Section 185

  Monika Jain    27 March 2015 at 10:48

New Company law puts a complete prohibition on grant of loans to Directors and persons in which such directors are interested except a few exceptions. Further the section is applicable on all types of companies, be private or public. Section 185 proh



Inflation- Still too big to ignore

  CA. Saket Ghiria    27 March 2015 at 10:47

The entire campaign of Bharatiya Janta Party (BJP) for the 2014 General Elections was surrounded towards the revival of economy and Modi Government reaffirmed its promises on the very day of taking oath for the government. To attract growth, it is es



How many previous years Income Tax returns can be filed after due date?

  CA Umesh Sharma    27 March 2015 at 10:47

Karneeti Part 81How many previous years Income Tax returns can be filed after due date? Lets remove confusion. Arjuna (Fictional Character): Krishna, just a few days are left for the end of financial year 2014-15. Some lethargic tax pa



An Overview to Maharashtra Budget 2015-16

  gopal Santosh Darak    26 March 2015 at 10:38

Finance Minister Shri.Sudhir Mungantiwar of BJP government Maharashtra has presented his very first budget on Wednesday, 18’Th March 2015.State government of Maharashtra has presented budget on the lines of the Central government’s Budget



Ready referencer on bank audit- 2015

  CA Amresh Vashisht    26 March 2015 at 10:38

The Institute of Chartered Accountants has already issued 660 Page Guidance Note Bank Statutory Audit 2015.The publication is a regular annual publication with the foreword note of new President in Office. This is the Tenth Edition. The first Edition



Tendering audit services is a menace to the CA fraternity

  CA Amresh Vashisht    26 March 2015 at 10:38

The latest quote price of Rs 2 per month per panchayat at Madhya Pradesh has once again shattered the profession heart & soul. Thank GOD this time, its double to 2012 rates, where the lowest tender for primary school audits was Re 1 per sc



Provision relating to auditor under new Companies Act

  CS Divesh Goyal    25 March 2015 at 10:40

PROVISONS RELATING TO AUDITORPROVISIONS ON AUDITORSUNDER COMPANIES ACT, 2013 I have earlier discussed the many provisions relating to auditors in my earlier articles. Earlier published articles are as following: I. Appointment of AuditorII. Resignati



Should the company re-pay the deposits

  CS MOHIT SALUJA    24 March 2015 at 10:34

As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT-4 in this Financial year declaring that the companies has such and such amo



"All" is not well - Compliance of Applicable laws is sick

  Sundharesan Jayamoorthi    24 March 2015 at 10:34

The dictionary meaning of the word ALL means the whole quantity or extent of a particular group or thing and the adverb means completely, fully, entirely, totally, wholly, absolutely, utterly, outright, thoroughly. In Companies Act, 201




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