CAclubindia Articles

Position of Company Secretary under Companies Bill 2011

RG - A Helping Hand 23 December 2011 at 12:23

Dear All, We are aware about the introduction of Companies Bill, 2011 in the Loksabha on 14th December, 2011. A simple effort has been made from my side to analyze the Companies Bill, 2011, keeping in view the career interests of Company Secretari

How to get out and stay out of debt?

Ramalingam K 23 December 2011 at 12:23

In spite of steady, regular income there are so many individuals who live paycheque to paycheque, carry their credit card outstanding, and fail to save anything for retirement. If you are one of them, now is the right time to take action to come out

Understanding section 28 with latest case laws

Manish Kumar Agarwal 23 December 2011 at 12:23

The usage of section 28 to justify any expenditure or loss is rarely found. We try to substantiate the same under section 36 or 37 and sometimes not able to get the deduction due to limitations and conditions laid down in that section. Thats

DTC not Tabled - Indian Slowdown

Indraneel Sen Gupta 22 December 2011 at 17:28

The much awaited Direct tax code is being delayed further as the chances of Parliaments standing committee on finance submitting its report on the Bill in the ongoing Winter Session, which concludes on December 23, are bleak. With barely

Exemption From ITR Filing : A Mirage ?

Prof. Bajaj 21 December 2011 at 11:26

Phew !! Thank God (and thanks to Pranav Babu) I dont have to file ITR this year. It is such a painful process, Said Ajay Dixit, a 27 year old BPO Executive to his friend Kapil. And how did you arrive at this conclusion,

How CA Profession Changed in 2011 Part-II

ANANDH SUNDAR 20 December 2011 at 11:46

After my earlier article(http://www.caclubindia.com/articles/how-ca-profession-changed-in-2011-11847.asp) got a favourable response, I thought of writing a followup, now that we are at the end of 2011, with lots of economic uncertainity ahead. My ea

Definition of Capital as per Company Bill, 2011

AMAN JAIN 20 December 2011 at 11:46

Definition of Share capital and debentures in Company Bill 2011 Equity share capital has now been defined as: Equity share capital, with reference to any company limited by shares, means: all share capital which is not prefere

Major Amendment regarding Share Application Money

RG - A Helping Hand 20 December 2011 at 11:46

Dear Professionals Colleagues, It is my humble effort to update you all regarding a very important amendment in Corporate Laws through MCA Notification dated December 14, 2011. Ministry of Corporate Affairs has vide its notification dated 14.12.20

RBI Governor critiques ICAI on CPE, rent seeking, delegates

ANANDH SUNDAR 19 December 2011 at 17:51

Its a habit of mine to read speeches by RBI Governor/Dy Governors to glean some insights into their way of thinking, and also generally to know what issues are generally concerning the economy. And while reading the RBI Governor's speech on Chal

Basic Steps involving to install the Costing system

CMA Ramesh Krishnan 19 December 2011 at 17:51

Introduction: Costing system is an important tool for Cost control and cost optimization in any type of organization. Each industry has got different type of cost involving in to the operations,