CAclubindia Articles


Safe harbour Rules Vs Permanent Establishment

  MOHIT JAIN    07 April 2014 at 12:00

Government has notified Safe Harbour rules (SHR) to provides certainty to Indian associate enterprise of MNC group in its Transfer Pricing Assessment The bigger question is that whether safe harbour will



Karniti Part-31:Taxpayer should try to be "Maryada Puroshottam" i.e. live within limits of laws

  CA Umesh Sharma    07 April 2014 at 11:59

Arjuna (Fictional Character): Krishna tomorrow is "Rama Navami", which is celebrated with full devotion and enthusiasm all over the country. Why this day is important fo



Tax on restaurants

  Danish    07 April 2014 at 11:59

Restaurant BillNowadays Restaurant bills are quite confusing for everyone, after having a delicious dinner Restaurant bill makes you uncomfortable. because of too much tax collected on bill, around 30% above the menu price, and if you ask to Restaura



Related Party Transactions under the New Era

  CS DHANAPAL    05 April 2014 at 17:51

Companies Act, 2013 has unveiled a new era in the Indian Corporate Sector which places more reliance on disclosure norms rather than on approvals. One such area is related party transactions. While the Companies Act, 1956 warranted appr



Companies Act - 2013: Rotation of Auditors

  CA. Amit G. Chandani    05 April 2014 at 17:51

With the implementation of Companies Act, 2013 the Ministry of Corporate Affairs has notified the provisions relating to rotation of auditors/audit firm w.e.f. 01st April, 2014. Changing nearly six dec



Impact of Companies Act, 2013 on Private Companies

  CS DHANAPAL    05 April 2014 at 17:51

Companies Act, 2013 has brought massive changes for private companies as barring a very few, all the exemptions which were available to private companies under the Companies Act, 1956 have been withdrawn in the Companies Act, 2013. In this article, w



Draft rules and future of CS. Much ado about nothing

  Rohit Jain    05 April 2014 at 17:51

The Institute of company secretaries of India is one of the largest professional bodies in the world in the development of corporate secretaryship. One does not need to repeat that the companies act 2013 has thrust the company secretary to the positi



Highlights on CSR Provisions notified on 27.02.2014

  CS DHANAPAL    04 April 2014 at 11:43

Effective Date for CSR Applicability Section 135 of the Companies Act 2013, Schedule VII and the relevant rules, namely Companies (Corporate Social Responsibility Policy) Rules, 2014 have been notified to become effective from 01st Apr



New provisions applicable wef 1st April under Co Act 2013

  CA Nitesh Kumar More    04 April 2014 at 11:43

1. Now, the Appointment of Company Secretary is required only for Public Limited Companies having paid up capital more than 10 Crores whereas Private Limited Companies are exempted from appointment of Key Managerial Personnel. 2. Form MGT 7: Annual R



Companies Act, 2013: Analysis relating to Audit & Accounts

  Mohit Jain    04 April 2014 at 11:42

Basis Provisions of Companies Act, 2013 Final rules Remarks/Difference vis--vis draft rules Relating to Audit and Auditors Chapter-X [Companies (Audit and Auditors) Rules, 2014] Manne




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