CAclubindia Articles


CA Studies are always interesting

  CA SURENDRA KUMAR RAKHECHA    16 January 2014 at 13:07

CA STUDIES ARE ALWAYS INTERESTING .Studies. and of CA.. Interesting..? Man, what are you talking about!.Yes, it is true indeed.. Those who wish to make simple things typical..can choose CA as their Career..and those



Service tax on services provided by RWA to its own members

  Bimal Jain    16 January 2014 at 13:06

Dear Professional Colleague,Clarifications with regard to levy of service tax on services provided by RWA to its own members Background:Service tax on 'club or association service' which covers RWA, was introduced with effect from June 16, 20



Deemed Sales

  Rishi Kochar    16 January 2014 at 13:01

Before the discussion on deemed sales we must be well known of the general facts of sale.Meaning of Sale There are various definitions of the term Sale is generally specified in different laws and different State VAT acts. Hence we nee



Audit of Banks with the help of Finacle

  Pranav Vijay Pandya    16 January 2014 at 12:59

Audit of Banks with the help of FinacleThe banking sector in India has developed tremendously after it adopted the Core Banking Solution (CBS). Finacle is also one of such CBS softwares developed by Infosys. Many nationalized banks such as Bank of B



Delhi VAT Amnesty Scheme closing by 31st January, 2014

  Bimal Jain    16 January 2014 at 12:59

Dear Professional Colleagues,Delhi VAT Amnesty Scheme closing by 31st January, 2014 Pursuant to the power conferred by Section 107 of the Delhi Value Added Tax Act, 2004 (the Actor DVAT), the Lt. Governor of National Capit



It sounds interesting - One Person Company

  Aalok Chhaperwal    16 January 2014 at 12:59

Under the existing Company Law framework, a private limited company is required to have a minimum of two shareholders and two Directors. But The Companies Act, 2013 passed by the Lok Sabha provides for the concept of a One Person Company (OPC) in Ind



Brief synopsis for chapters in Financial Reporting

  Rahul Malkan    15 January 2014 at 11:13

Consolidated financial statements (CFS) which lead to the subsidiaries of the holding company its summative accounting figure. Putting another way, consolidated financial statements can be addressed as the combined financial statements of a parent



Financial Reporting

  Rahul Malkan    15 January 2014 at 11:12

Financial Reporting A financial report is a formal record of the financial activities of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand, including related note



The Companies Act, 2013 - Provisions relating to Directors

  G S Rao    15 January 2014 at 11:02

Introduction: The Board of Directors is an important body elected by the shareholders which acts as agent of shareholders. The Board is collectively responsible for making policies for good governance and efficient running of the company. The Compani



Karniti Part-19: Kite Fight between Taxpayer & IT Dept

  CA Umesh Sharma    15 January 2014 at 11:01

Arjuna (Fictional Character): Lord Krishna, all are happy and enjoying as two festivals Makar Sankranti and Eid are coming together. Children are busy flying colorful kites in the blue sky. Kites o




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