CAclubindia Articles

Internal Audit and Risk Management

Ca Jai Prakash Agarwal 23 November 2013 at 13:43

Internal Audit and Risk Management Whether Synonyms or something else. By CA Jai Prakash Agarwal M.Com, LL.B, ACMA, ACA, ACS, DISA (ICAI), DIRM (ICAI), UGC NET What is Risk Management? Risk management once a jargon has become a much kno

Right Issue - Practical Aspects

CA Chiranjiv Kumar 23 November 2013 at 13:43

What will be the effect on issue of right shares? Why it is not issued in market directly? Will the shareholders be at any profit/loss? Let us move by defining it and the case onwards.What is right issue of shares?Right shares are simply the shares i

Different Committees as per the Companies Act, 2013

Vandana J Doshi 21 November 2013 at 12:21

The historic Companies Bill which had received the Presidents assent on 29th August, 2013 became the Companies Act, 2013, (hereinafter the new Act) by notification in the Official Gazette, on 30th August, 2013. Furthermore, the M

HRA a tool of tax planning: Queries

CA Chandra Kishore Bajpai 20 November 2013 at 11:12

Few days back ( on 13th Nov 2013)I posted an article on exemption from house Rent allowance House Rent Allowance-A tool of Tax planning for employees Really I feel very happy to see the responses to the article and good to know that pe

Making Money out of Forex and IR Swaps

CA Chiranjiv Kumar 20 November 2013 at 11:12

Arbitration in ForexArbitration in forex is the possibility that the profit can be made out of exchange trading on the basis of forward rate and prevailing interest rate in 2 different countries.Profit can only be made if returns made by borrowing fr

Service Tax on Export of Services

Guest 19 November 2013 at 15:37

Since the day I started reading tax it was dinned in my ears that exports are tax free and that it is akin to blasphemy to export tax. Change alone is permanent in this universe and taxation is no exception? The Finance Act, 1994 has seen many ups

Service Tax on Builders and Developers - Issues

Madhukar N Hiregange 18 November 2013 at 15:17

In this article we have examined the provisions relating to real estate with focus on what is more relevan

Karniti Part:11 "Sachin" like Retirement & its Financial Planning

CA Umesh Sharma 18 November 2013 at 12:55

Karniti Part 11 (Sachin Tendulkar Special)Sachin like Retirement and its Financial PlanningKeeping conversation between Lord Krishna and Arjuna as the foundation we will learn certain basic financial and tax matter. Let us try to get an

Audit and Auditors under the Companies Act, 2013 & Draft Rules

P ESWARAMOORTHY 18 November 2013 at 12:33

There is a huge tremendous Change in new Provisions under the Companies Act, 2013 with respect to Auditors as compared to the old Companies Act, 1956. The new Act intents to improve Corporate Governance and to further strengthen regulations. The Onu

Decoding - FDI

CA. Nishant Jain 18 November 2013 at 12:29

First few thoughts that appear in our mind as we hear about Foreign Direct Investment or FDI as it popularly known are FDI in multi brand retail, wallmart, loss of business for small and medium enterprises, etc. Ins