CAclubindia Articles

Time is free but its priceless!

CA CS CIMA Prakash Somani 28 May 2014 at 11:50

How many times we might have heard this word but ever we understand the real meaning of it? If your answer is Yes then you are on right path but in case your answer is No then you are inviting trouble! Time is money and you are wasting time, if you a

Types of companies formed under CA,2013

CS M.Kurtrala Nathan 28 May 2014 at 11:50

There are totally 15 types of companies can be formed under the Companies Act,2013. S.No Company Types of Companies 1 Public Public Company limited by shares 2 Public Company

Measures to Augment Revenue as well as Reforms in Indirect Taxes

Madhukar N Hiregange 28 May 2014 at 11:50

I. MEASURES TO AUGMENT REVENUE A. General Measures 1. Information in respect of assessees be shared between the Central Government and the State Governments on a reciprocal basis. This will facilitate reconciliation of returns and indicate areas / se

FAQs on E-voting

CS M.Kurtrala Nathan 27 May 2014 at 13:16

Q1. What is e-voting? As per rule 20 of Companies (Management and Administration) Rules, 2014, voting by electronic means or electronic voting system means a secured syst

All about Chit Fund Investment - Part 1

praveen 27 May 2014 at 13:15

Hello,I am back with my articles on Caclubindia. Thanks for the support shown by all of you for my previous articles. Inspired by that I would like to share my thoughts about chit funds.The whole article is based on the investor's eye view. In my

Unjust Enrichment not Satisfied When Refund debited as Expenditure

Bimal Jain 27 May 2014 at 13:15

Test of unjust enrichment not satisfied where refund amount is shown as expenditure and not as claims receivableWe are sharing with you an important judgment of the Honble Mumbai CESTAT in the case of Hindustan Petr

Value Add Through IDT- Purchase Department

Madhukar N Hiregange 27 May 2014 at 13:15

At time we the accounting and finance professionals loose sight that the marketing/ procurement personnel of the company could if they are aware add huge value to the company. The concept of cenvat/ set off exists in central excise, VAT as well as Se

Converting A Company Into A LLP

CA Gaurav Mittal 26 May 2014 at 12:41

YOUR KNOW HOW ON HOW TO CONVERT A COMPANY INTO A LLPWith the mammoth number of provisions, penalties, statutory compliances and various restrictions imposed on the Private Limited Companies it is now advisable to form a LLP instead of a company and t

Entrepreneurs- One of their Kind !!

Pratyush 26 May 2014 at 12:41

Entrepreneurs are leaders who can see into the future with inspired vision, championing highly competent teams to make seemingly impossible possible.It takes a great courage to separate oneself from the herd at any level, be it at the time of attaini

Resolutions need to file with ROC

KASHIF ALI 26 May 2014 at 12:30

RESOLUTIONS REQUIRE TO FILE WITH ROC IN MGT-14 Section 117 of the Companies Act, 2013 cast an obligation on the company to file copy of following resolution or arrangements with ROC within 30 days of passing of following resolutions or making arrange