CAclubindia Articles

'Convergence - Ind AS notified (Ind AS applicability)

Posted by mayank 23 February 2015 21630 Views

With accounting having become the global language of business, the convergence with International Financial Reporting Standard (IFRS) is the need of the hour as an economic imperative for India. The Finance Minister Shri Arun Jaitley a

Business model of Indian Premier League

Posted by CA Sagar Khubchandani 20 February 2015 22876 Views

Another buzzing cricket news after World Cup 2015 is that Yuvraj Singh has been sold to Delhi Daredevils for whopping Rs 16 Crores in Indian Premier League (IPL).Not only this time,but he was the most expensive buy at auctions last year as well for R

We the people or we the sitting ducks

Posted by Sahil Jolly 19 February 2015 19051 Views

Almost all of us go for family outings every now and then and one of the most important activities, without which an outing is not complete, is having a meal at a nice Resta

Non-Authorised service station is not liable to pay Service tax

Posted by Bimal Jain 19 February 2015 20731 Views

Dear Professional Colleague,Non-Authorised service station is not liable to pay Service tax on Maintenance or Repair of any part of motor vehicle SC dismissed SLP filed by the DepartmentWe are sharing with you an important judgm

Companies act, 2013- Sec 139- Rotation of auditors

Posted by CA Sripriya K 19 February 2015 30494 Views

No listed company or a company belonging to such class or classes of companies shall appoint or re-appoint:- An individual For more than one term of five consecutive years An audit firm For more than two terms

Budget wishlist 2015 - Highlighting various direct tax provisions

Posted by Shivanand Pandit 18 February 2015 25365 Views

Dear Finance Minister, Make India a tax heaven NOW Respected Sir, Its that time of the year when you are preparing next years budget for presentation in parliament. Hopefully this Budget is not just an an

Changes in boards report

Posted by CS Vasudev Sharma 18 February 2015 20499 Views

CENTURY ENKA LIMITED Comparative Ananlysis of Directors Report as per companies act, 2013 and 1956 Sr.No. Companies Act, 2013 Companies Act, 1956 1 Business/ Financial Highlights Business/ Financia

Sec 138 - companies act, 2013- compulsory internal audit

Posted by CA Sripriya K 18 February 2015 135870 Views

Introduction and Old Vs New Section 138 of the Companies Act deals with Internal Audit of Companies. This section states that certain classes of Companies shall be required to appoint an internal auditor who shall either be a Chartered Accounta

Effective key exam tips

Posted by Divya Agarwal 18 February 2015 43929 Views

I qualified my company secretary examination last year, and luckily was the first one to clear among my peers with whom I started the course. By God’s grace I succeeded in clearing all of my levels at the first attempt and so am

Dormant Companies - Sec- 455

Posted by CA Sripriya K 17 February 2015 24095 Views

Dormant Companies - Sec- 455 In certain cases, Companies are formed only for the purpose of holding certain assets or IPR or for a future project and such companies do not have routine accounting transactions. Further, it is also likely that certain