CAclubindia Articles

FAQs on Section 185 along with planning

CA Nitesh Kumar More 13 May 2014 at 11:41

Q1: What are the prohibitions on sec 185? Ans: No company can directly or indirectly advance loan to its directors or to other persons in whom directors are interested. No company can give any

Karniti Part- 36: What is "HUF" (Hindu Undivided Family)?

CA Umesh Sharma 12 May 2014 at 11:13

Arjuna (Fictional Character): Krishna, What is mean by HUF Hindu Undivided Family under Income Tax Act?Krishna (Fictional Character): Arjuna, Generally in India mother, father, son and

Different Monetary Limits under Companies Act, 2013

Ankur Garg 12 May 2014 at 11:12

Different Monetary Limits under Companies Act, 2013 read with Notified Rules Dear All, Please find below certain monetary limits prescribed for different purposes under Companies Act, 2013 at one place. I hope that this compilation would be useful fo

Company Secretary (CS) as a career option

Abdullah Fakih 12 May 2014 at 11:12

Synopsis A Career as a Company Secretary not only offers a high degree of job satisfaction but is also financially rewarding and prestigious at the same time. A Company secretary has a crucial role in planning the objectives, strategies and policies

Registers to be maintained under the Companies Act, 2013

Varad Khambete 12 May 2014 at 11:11

A list of various registers to be maintained under the Companies Act, 2013 is given below in brief. Section Chapter/ Rule No.] Name of the Register Prescribe

100 amendments of Co. Act, 2013 - Part 5

CA Neha Bhuwania 12 May 2014 at 11:11

Amendment 87: Section 135 [Corporate Social Responsibility] An obligation of spending money on CSR has been introduced now and this provision is applicable to every Company with net worth of >= Rs. 500 crores or a turnover of >= Rs. 1000 crores

Karniti Part-35: Enjoyed Service Tax VCES: Now face the Music?

CA Umesh Sharma 10 May 2014 at 12:30

Arjuna (Fictional Character): Krishna, in the year 2013-14 government has given an opportunity to service tax evaders for paying service tax through Voluntary Compliance Encouragement Scheme. In this schem

Transport of goods by road

CA Vijaykumar Gutte 10 May 2014 at 12:30

Date of Introduction : 01.01.2005 vide Notification Nos. 33/2004-S.T, 34/2004-S.T, 35/2004-S.T., dated 03.12.2004. Definition and scope of service: "Goods" has the meaning assigned to it in clause (7) of section 2 of the Sale of Goods Ac

Filing of eforms to form a new company

CS M.Kurtrala Nathan 09 May 2014 at 12:48

SN e-form Description Details required Attachment(s) to e-form 1 Form DIR-3 Application for allotment of Director Identification Number

Work Contract Vs Sale - Decision of Constitution Bench

CA. SRIKANTHA RAO T 09 May 2014 at 12:48

The issue of taxability of works contracts under VAT and Service Tax is something which has confronted assessees leading to frequent referrals to Courts over the years. While the issue of taxability under Sales Tax has led to ref