CAclubindia Articles

Adoption of MOA & AOA

CS Divesh Goyal 13 November 2014 at 10:20

AMENDMENT IN MAIN OBJECTS, IF THE COMPANY IS CARRYING ANY BUSINESS COVERED UNDER OTHER OBJECTS IN THE MEMORANDUM OF ASSOCIATION. 1. PROVISIONS FOR OBJECT CLAUSE UNDER COMPANIES ACT - 1956 As per Section 13 of the Companies Act, 1956 the Object Clause

Procedure of conversion of private ltd. company into LLP

Nisha Sharma 13 November 2014 at 10:20

PREREQUISITES 1. No-Pending of E-forms filed by Company.2. No Charges should subsist at MCA site3. One financial year must over4. Update filing of all forms and returns5. Update - income tax filings. 2. PROCEDURE a. Board Resolution regarding Change

Internal Audit under the new Companies Act 2013

Tulasi S Sastri 11 November 2014 at 10:55

Internal Audit under the new Companies Act 2013 – Opportunity or Responsibility for the Internal Auditor? Since Internal Audit has been given statutory recognition (under Section 138 of the Act), and has been made mandatory for certain categori

Fund Flow Statement

CA N RAJA 11 November 2014 at 10:54

CONVERSATION BETWEEN MANU AND VINU ABOUT FUND FLOW STATEMENT Manu Hi Vinu! How are you? Vinu I am not fine Manu! Manu Why? Vinu I think I didnt take my IPCC Course ser

Amendment in assessment under Punjab VAT Act, 2005

Amit Bajaj 10 November 2014 at 10:50

Now a days It is seen that the Excise and Taxation Department, Punjab has started issuing notices for amendment in assessment in many cases. These notices are being issued ussualy on the basis of audit objections received from State CAG or sometimes

Arye wah! Instructions to reduce hardship of taxpayer in Income Tax Scrutiny

CA Umesh Sharma 10 November 2014 at 10:50

Karniti Part 62Arye wah! Instructions to reduce hardship of taxpayer in Income Tax Scrutiny.Arjuna (Fictional Character): Krishna, recently on 7th November 2014, the Central Board of Direct Taxes has issued instructions for reducing hardship of taxpa

How To Find The Right Partner For Your New CA Firm

Nimish Goel 10 November 2014 at 10:49

Authored by Nimish Goel (www.nimishgoel.com), a qualified chartered accountant whos passion is to coach young chartered accountants and aspiring students achieve the best in their life. Nimish used to work with EY and PwC in India and has als

Valuation of physician sample manufactured on contract

R.P.Singh 10 November 2014 at 10:47

Valuation of physician sample, or for that matter any product manufactured for free distribution rather than for sale have always been a contentious issue. This paper is an attempt to examine the issues so as to explain some of the confusing points.I

Technologies for new age CAs & MBAs

CA Rishabh Pugalia (ExcelNext) 08 November 2014 at 11:27

I am an entrepreneur with work experience in Big Four Audit, Investment Banking and Fixed Income Trading. Being a CA, and having worked in coveted niche spaces, I am often asked by peers and juniors, how to create more career and business opportuniti

A clear vision - If CA is a regular course

Shreya Garg 08 November 2014 at 11:27

Chartered Accountancy is one of the most reputed and powerful courses for it offers a place in the best areas and increases the self worth and self potential. C.A. as it is abbreviated, unfortunately is not a regular course. Students wanting to pursu