CAclubindia Articles

Accounting and Tax Implication on conversion of Co to LLP

smit shah 09 May 2014 at 12:48

Before starting with anything we shall have the Overview of LLP its Enactment, features, Constitution etc.Background of LLP:LLP as a structure is not new in the International Scena

FAQs on Section 186 of Companies Act 2013

P C Agrawal 09 May 2014 at 12:48

Q.1. What types of specified transactions are covered under the Section? Ans. Section 186 covers 3 types of specified transactions entered into by a company directly or indirectly:

Why is succession planning important for every woman?

Hetvi Sheth 09 May 2014 at 12:47

Succession planning has always been a matter of concern in every Indian family irrespective of religion. Improper or absence of succession planning has been one of the major causes for family disputes in India. In many cases, it is the mothers, daugh

100 amendments of Co. Act, 2013 - Part 4

CA Neha Bhuwania 09 May 2014 at 12:47

Amendment 64: Section 149 (Companies to have Board of Directors) Unlike the upper limit of 12 Directors as per Companies Act1956, now companies can have a maximum of 15 directors and this limit can be further increased after passing a special

VCES - ST paid after 1-3-2013 but before 10-5-2013

Bimal Jain 08 May 2014 at 11:26

Dear Professional Colleague,Service Tax paid after March 1, 2013 but before enactment of VCES on May 10, 2013 Should be considered as paid under VCESWe are sharing with you an important judgment of the Honble Gujarat High Court in the

Unexplained Cash Credits, Investments, Money etc.

CA. Nishant Jain 07 May 2014 at 12:03

Unexplained Cash Credits, Investments, Money etc.Compiled by CA Nishant Jain Section 68: Cash Credits Where any sum is found credited in the books of an assessee, maintained for any previous year and the assessee offers no explanation about the natur

Sec 188 of CA13-Analysis and Ambiguities

Varad Khambete 07 May 2014 at 12:03

Note on related party transactions under the Companies Act, 2013 (the Act) and the Companies (Meetings of Board and its Powers) Rules, 2014 (the Rules) Index I Introduction II Applicabil

Exemption for Leave Travel Concession u/s 10(5) of the IT Act

Prashant Bhosale 07 May 2014 at 12:03

Section 10(5) of the Income Tax Act, 1961 (along with Rule 2B of the Income Tax Rules) governs calculation of tax exemption on LTA. Each year organizations face significant difficulty while calculating tax exemption on LTA when they carry out the yea

100 amendments of Co. Act, 2013 - Part 3

CA Neha Bhuwania 07 May 2014 at 12:03

Click Here to read the 1st part of the articleClick Here to read the 2nd part of the article Amendment 32: Section 92 [Annual Return] The Annual Return of the Companies shall now require additional information to be included. Particulars like details

How did an english teacher set up a Rs. 90000000000000 company

Rohit Jain 07 May 2014 at 12:03

Stock Markets. Ipos. Capital raising. Entrepreneurship. These are the buzzwords that keep rattling the ears of all those who are related with financial markets, be they mbas, ca.s,c.s etc. We are in that phase of globalization and we are so interming