CAclubindia Articles

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

Karniti Part-13: Dear, Pay tax on "House" and Relax at "Home"

CA Umesh Sharma 03 December 2013 at 11:38

Taxation on Purchase or Sale of House PropertyArjuna(fictional character): O Lord Krishna, food, clothes and house, being the basic necessities of life, hold an important place in human life. But nowadays lot of money is needed to buy or construct a

Independent Directors under Companies Act 2013

CS DHANAPAL 03 December 2013 at 11:37

Independent directors as the name suggests are directors on Board of a company who are independent individuals, not having any other relationship or transaction with the company. The concept of Independent directors gained momentum in the late 1980s

Does an Internal Auditor require Industry Specialization?

Ca Jai Prakash Agarwal 03 December 2013 at 11:37

Internal Audit is a very important function and it is very important for an internal auditor to understand the basic functions of an organisation so as to conclude the internal audit assignment effectively. In case of in-house internal audit departm

Wealth tax implications on real estate

Deepak Nagori 02 December 2013 at 12:29

With increasing disposable incomes in the country, it is common for people to acquire more than one house or invest in plots of land for long term investment purposes. Investment in a flat in a residential building/complex or in an independent house

Cracking an Interview Successfully

CA Vijeta Verma 02 December 2013 at 12:28

After completing education everyones first & foremost aim is to fetch a reputed job ,from where you can learn a lot & practically earn a lot.Only earning a degree with distinction m

Different Committees as per the Companies Act, 2013 - Part III

Vandana J Doshi 02 December 2013 at 12:28

Hello Friends,Once again thanks a lot for your warm response to my previous articles. In continuation of my previous two articles on the Corporate Social Responsibility Committee (click here) and the Nomination & Remuneration Committee (click her

Role of Accounting

SUJATA 02 December 2013 at 12:28

Accounts Personnel, Auditors and Tax Consultants need to complete all finalization related tasks at the earliest to submit the return in time. If proper accounting is done from start to end of the financial year, it becomes very easy to complete audi

Financial Planning

Neha Mason 30 November 2013 at 15:36

Financial planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a home, saving for your childs education or planning for retir