CAclubindia Articles

Be wise, when making decisions

Shivanand Pandit 16 February 2015 at 10:17

Life is full of decisions, and we make a number of them every day.The decisions we make range from the trivial to crucial. What we decide will determine the kind of person we become later. Of all the precious and exquisite life proficiencies an abili

Cricket and income tax, what is similarity, you must know it

CA Umesh Sharma 16 February 2015 at 10:17

KARNEETI Part 76Cricket and Income Tax, what is similarity, you must know it.Arjuna (Fictional Character): Krishna, the 11th Cricket World Cup has been started in Australia. In these days 14 countries will compete against each other. In Cricket there

Section 73&76 of companies act not mandatory

ANMOL JHA 16 February 2015 at 10:16

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 2(31) of the Companies Act,2013, defines deposit and according to the definition all receipts of money by a company have been

One Person Company - An Introduction

CA Sripriya K 14 February 2015 at 12:04

Section 3 of the Companies Act deals with the Formation of Companies. The corresponding section of the erstwhile Act was Section 12 – Mode of forming incorporated Company.

Repayment of deposits u/s 74 of companies act, 2013

Raghavendra Chakravarthy 14 February 2015 at 12:04

Dear professional colleagues, Firstly I wish to thank Mr. Anmol Jha for bringing out this controversial topic to enlighten the professionals. I am herewith posting my understandings and comments, fo

In "Shell" fish Co.! making most of shell companies!

Kunal R. Sarpal 13 February 2015 at 11:11

This one is for the start-up guys or the veterans who want to steer clear of the pains of starting a Company from the scratch.To lay down the steps for you, forming a Company, Listing it, getting all the licensing for it, building its goodwill, getti

Further issue of share capital u/s 62 CA,2013- Part-II

CS M.Kurtrala Nathan 13 February 2015 at 11:10

Section 62 of the Companies Act,2013 deals with the Further Issue of share capital to Employees under Employee Stock Options Scheme and to any persons on preferential basis. In my previous article (Part I), I have discussed about the Issu

Further issue of share capital u/s.62 of co. act, 2013- Part-I

CS M.Kurtrala Nathan 12 February 2015 at 10:41

A company (including Private company) having a share capital can increase its subscribed capital by issue of further shares to persons who are holders of equity shares of the company in pr

Budget 2015: Stepping stone to simplification?

Pradeep Jain 11 February 2015 at 18:00

As the budget session 2015 is approaching, the nation is garnering its own expectations. The assessees falling under the indirect tax net are no different. Struggling with the high end compliances and to cope up with the difficult rules to adhere, th

How can financial applications help in achieving business objectives?

Tulasi S Sastri 11 February 2015 at 18:00

General perception is that Financial Applications are mainly meant for book keeping, and that they do not have much relevance from business perspective. Probably this was true decades ago, when accounting was manual, historical, and produced financia