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CAclubindia Articles


Loss on Reduction of share capital is allowable

Posted by Saurabh Maheshwari 12 April 2013 21404 Views

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI SPECIAL BENCH B MUMBAI Date of Hearing: 16-08-2011 Date of Pronouncement: 30-09-2011 Bennett Coleman & Co. Ltd., Times of India Bldg., Dr. D. N. Road,



Individual value of Companies with cross holdings

Posted by Srikanthan 11 April 2013 32917 Views

Arriving at the individual values of listed Companies with cross holdings Instances of crossholdings, that is Company A holding shares in Company B and Company B holding shares in Company A are few and have by and large been reduced. There are how



Infrastructure Financing

Posted by Dr. Anand Wadadekar 11 April 2013 16180 Views

At INFRASTRUCTURE FINANCING NEED OF MORE EFFECTIVE WAYS ABSTRACT Infrastructure sector in India has not been able to perform to its full capacity, majorly due to the Government red tapes, lack of funds and very long gestation perio



Buy Back of Shares: Bye Bye Mauritius

Posted by CA. Bikash Bogi 11 April 2013 16590 Views

Mauritius is always a favourite among tourists across the world. However, Mauritius is also famous among worldwide investors for their tax friendly environment. As per an estimate 40% of portfolio inflows in India are coming from Mauritius. Like M



Service Tax Refunds - Exporters - Status Check

Posted by Madhukar N Hiregange 11 April 2013 30409 Views

Refund of Cenvat Credit Service Exporters Background The service exporters have been enabled to get the cenvat credit on capital goods, inputs and input services incurred in providing the servic



Tips for Exam Preparation

Posted by S Venkatesan FCA, CS, Grad.CWA 11 April 2013 27077 Views

TIPS FOR STUDENTS TAKING EXAM: DOs and DONTs: BEFORE EXAM:



When I stepped out of my Comfort Zone

Posted by CA girl 10 April 2013 17319 Views

We all have a set of friends, family members, acquaintances, familiar places, known institutions, etc around which we have lived our lives till this moment. But are you sure that is good for your personal



A Critique on Equating Growth in Market Indices To Returns

Posted by CA. Nirmal Ghorawat 10 April 2013 5693 Views

Why equating the Compounded Annual Growth Rate [CAGR] of market indices, BSE Sensex or NSE CNX Nifty, with returns to an equity investor is a material misstatement, particularly if it is a long period of time? I have often come across perceivably



Market Capitalisation Vs Enterprise value

Posted by Srikanthan 10 April 2013 11467 Views

Market Capitalisation Vs Enterprise value Typically when people discuss about stocks and shares, few key parameters discussed are Price earnings and Market Capitalisation. Market capitalization in simple terms is the cost of buying all the share



No Service Tax Leviable on the issuance of Draft Invoices

Posted by Vishal 10 April 2013 13402 Views

With the Introduction of Point of Taxation Rules (herein referred as POT Rules), 2011, the government has primarily shifted the policy of collection of service tax on the realization of value of taxable services to the point when the service is de




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