CAclubindia Articles


Cricket and income tax, what is similarity, you must know it

Posted by CA Umesh Sharma 16 February 2015 20137 Views

KARNEETI Part 76Cricket and Income Tax, what is similarity, you must know it.Arjuna (Fictional Character): Krishna, the 11th Cricket World Cup has been started in Australia. In these days 14 countries will compete against each other. In Cricket there



Section 73&76 of companies act not mandatory

Posted by ANMOL JHA 16 February 2015 28924 Views

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 2(31) of the Companies Act,2013, defines deposit and according to the definition all receipts of money by a company have been



One Person Company - An Introduction

Posted by CA Sripriya K 22 April 2021 25464 Views

Section 3 of the Companies Act deals with the Formation of Companies. The corresponding section of the erstwhile Act was Section 12 – Mode of forming incorporated Company. 



Repayment of deposits u/s 74 of companies act, 2013

Posted by Raghavendra Chakravarthy 14 February 2015 23645 Views

Dear professional colleagues, Firstly I wish to thank Mr. Anmol Jha for bringing out this controversial topic to enlighten the professionals. I am herewith posting my understandings and comments, fo



In "Shell" fish Co.! making most of shell companies!

Posted by Kunal R. Sarpal 22 July 2016 18633 Views

This one is for the start-up guys or the veterans who want to steer clear of the pains of starting a Company from the scratch.To lay down the steps for you, forming a Company, Listing it, getting all the licensing for it, building its goodwill, getti



Further issue of share capital u/s 62 CA,2013- Part-II

Posted by CS M.Kurtrala Nathan 13 February 2015 15418 Views

Section 62 of the Companies Act,2013 deals with the Further Issue of share capital to Employees under Employee Stock Options Scheme and to any persons on preferential basis. In my previous article (Part I), I have discussed about the Issu



Further issue of share capital u/s.62 of co. act, 2013- Part-I

Posted by CS M.Kurtrala Nathan 12 February 2015 21619 Views

A company (including Private company) having a share capital can increase its subscribed capital by issue of further shares to persons who are holders of equity shares of the company in pr



Budget 2015: Stepping stone to simplification?

Posted by Pradeep Jain 11 February 2015 17380 Views

As the budget session 2015 is approaching, the nation is garnering its own expectations. The assessees falling under the indirect tax net are no different. Struggling with the high end compliances and to cope up with the difficult rules to adhere, th



How can financial applications help in achieving business objectives?

Posted by Tulasi S Sastri 11 February 2015 15855 Views

General perception is that Financial Applications are mainly meant for book keeping, and that they do not have much relevance from business perspective. Probably this was true decades ago, when accounting was manual, historical, and produced financia



Repayment of deposits u/s 74 of the companies act

Posted by ANMOL JHA 11 February 2015 40848 Views

Dear Professional colleagues,Have a serious look into what is stated herein with your skillful application of mind. Section 74 of the Companies Act,2013, provides that any deposit accepted before the commencement of the Companies Act,2013, needs to b




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