CAclubindia Articles

Interpretation of Statutes

Posted by *RENU SINGH * 12 October 2012 112292 Views

Statutes mean an act passed by legislative body. So interpretation means explanation of the same. Interpretation of statutes is needed when language of law is not clear or has ambiguous meaning. These interpretations are

Finalization of Balance Sheet (Part - II)

Posted by SANYAM ARORA 10 October 2012 30694 Views

Greetings of the Day to all the members of CCI Family. So as promised I am back with the Part 2 of my series i.e. Finalization of Balance Sheet. The link for my previous Article is given below - Finalization

Revised Schedule VI Head Wise Classification Concepts

Posted by MOHAMMAD SALIM 10 October 2012 133000 Views

As we know the Revised Schedule VI has introduced a concept of classified balance sheet. Para 1 and 3 of General Instructions for preparation of Balance Sheet defines current assets / non-current assets and curre

The Banking Regulation Act 1949

Posted by *RENU SINGH * 10 October 2012 46500 Views

Introduction The banking regulation act 1949 extends to whole of India. Other acts are used as auxilliary to this act e.g. Companies Act 1956( defining company) , negotiable instrument act defining public holiday).

Sow a thought

Posted by Rahul Jain 09 October 2012 11688 Views

In any field Business/practice or even in personal life Our Commitment and Honesty matters a lot in our success. I had a instance few days back....Few days backwe I was travelling to Shilma with my friends.... while we boarded at Shimla my friends

Note on Sale of Shares held by promoters through the secondary market

Posted by Ajay Mishra 09 October 2012 32391 Views

INTRODUCTION The Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 deal with the maintaining minimum public shareholding of 25%. The Ministry of Fin

Accounting Treatment of Forward Cover in Different scenario

Posted by Nirmal Shah 09 October 2012 185153 Views

In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to

All about resolution

Posted by Amita jhunjhunwala 08 October 2012 21829 Views

All about Resolutions under Companies Act, 1956 Resolutions are records of formal agreement or decisions of shareholders or directors or managers, to carry out certain changes, generally denoted or prefixed by the word RESOLVED. Exam

Understanding Declared Services

Posted by Madhukar N Hiregange 08 October 2012 55319 Views

Introduction Every year Budget introduces amendment in various tax laws with the aim of rationalization in the tax regime of the country. Budget 2012 in the same row came out with various

Approach to Understand Central Excise

Posted by Madhukar N Hiregange 08 October 2012 42046 Views

This paper provides the birds eye view of the law and practice of central excise and is focused on the individual who wishes to understand the basics. The defini