CAclubindia Articles

Value Added by Finance

Ramkrishna Mokashi 10 December 2013 at 17:57

CAs are Cost Centers and MBAs are Profit Center.This is a discussion which has been going on for long. I am not going to share statistics on the values added by CAs and MBAs and compare with. Instead, I will share insights into what values a Finance

Power to call for general information u/s 133(6)

sivadas chettoor 09 December 2013 at 11:36

POWER TO CALL FOR GENERAL INFORMATION U/S 133(6) OF THE INCOME TAX ACT 1961- A STUDY INTRODUCTION:The Hon Supreme Court of India, in August 2013, pronounced its judgment in Kathiroor Service Cooperative Bank Ltd & Others V Commissioner of

Valuation Under Companies Act 2013

CA S K MISHRA 09 December 2013 at 11:36

What is Valuation? International Valuation Standard Council has defined Valuation as the process of determining the Economic Worth of an Asset or Company under certain assumptions and limiting conditions and subject to the data

Professional reading - My Perspective

kartik 09 December 2013 at 11:36

Before I begin, I would just like to mention that the reading I mention here is professional reading, not reading as a hobby. I think reading as a professional habit is now virtually non-existent amongst many of us. The reasons vary: from a sheer lac

What Is the Difference between Investing and Speculation?

Guest 09 December 2013 at 11:35

What is the difference between investing and speculation? At first, you think the answer is simple because the distinction is obvious — that is, until you actually put pen to paper and try to answer the question. Go ahead; take a few seconds an

Why not print Unlimited Money? - Why is it Impossible?

Rohit Jain 06 December 2013 at 13:29

Why not print unlimited money? Money can be defined as any object that is used as a payment medium for goods and services.With the progress of mankind, money has evolved from pebbles to paper currency, from paper to plastic currency and from plasti

Loan provided to employees- Perquisite calculation - Part I

T E Gautham 06 December 2013 at 13:29

We find many payroll managers being unaware that loans provided to employees (by the employer) are taxable in the hands of the employees. The typical reactions (from payroll managers) we come across when we talk about taxability of loans provided to

Financial Ratios - Practical Aspects

CA Chiranjiv Kumar 05 December 2013 at 10:52

As we all know, financial ratios are used to analyze the financial performance of a company. For this purpose many types of ratios are used like liquidity ratio which tells us the ability of a company to pay back its short term obligations and Debt r

Highlights of 98 Sections of Companies Act, 2013

CS DHANAPAL 05 December 2013 at 10:49

An analysis of the important Sections! The Ministry of Corporate Affairs has notified 98 sections of the new Companies Act, 2013. These sections have come into effect from 12th September 2013. Subsequent to coming into effect of these Sections under

Corporate Social Responsibility under the Companies Act, 2013

CS DHANAPAL 03 December 2013 at 11:38

INTRODUCTION Corporate Social Responsibility (CSR) has been in existence for a long time and is almost as old as civilization. It is based on the Gandhian Principle of trusteeship concept whereby business houses are looked upon as trust