CAclubindia Articles

Preparation of Cash Flow Statement - Part II

Posted by RaGHuRaM 08 June 2012 50495 Views

Hi, friends! In continuation to my first part Preparation of Cash Flow Statement; Im writing this article to make it easier to prepare the cash flow statement. The second part explains the preparation of working notes. First we are going to s

Incorporation of Company, the Companies Bill, 2011

Posted by Venkateswara Rao Sapare 08 June 2012 14597 Views

THE COMPANIES BILL, 2011 Let us understand about Incorporation of Company May we divide this section into following three areas? Action from the Company Action from the Registrar Action from the Tribunal Before going in

Falling Rupee, Falling Markets - Opportunity for NRIs!

Posted by Prof. Bajaj 08 June 2012 16595 Views

"I told you not to invest in India. Look whats happening there" said Anvesh, a 35 year old NRI IT professional, to his colleague Niraj. Rupee has slid so much against the dollar. The markets have fallen so much. The GDP

New Service Tax Regime on Negative List -1st July, 2012

Posted by Bimal Jain 07 June 2012 118351 Views

New Service Tax Regime on Negative List applicable from 1st July 2012 The Central Government vide Notification No. 19/2012-ST dated 05.06.2012 has announced Date of Introduction of new regime of most awaited Negative List a

Savings Rate - An illusion

Posted by BP Inani 06 June 2012 14119 Views

Economic Crisis in the west is getting murkier by the passing day. Europe is struggling with Euro. Greece seems to be the first in a series of bail-outs which might give some momentary relief but to my mind it is not the solution to the prob

The Fiscal Deficit - Is it really that bad

Posted by BP Inani 07 June 2012 15769 Views

We are hearing a lot about this term Fiscal Deficit and more likely it has been depicted as the Devil behind all this recent economic mayhem experienced in India.You talk to any International Investment banker / Analyst / Economist and

Excise Duty & Customs Duty Exemptions for Supplies

Posted by Manoj Pala 07 June 2012 49772 Views

Excise Duty & Customs Duty Exemptions for Supplies made to Mega Power Project. That all the equipment supplied for the setting up the mega power projects enjoys both customs and excise duty exemptions.

Overview of Compounding of Offences under the Service Tax

Posted by Bimal Jain 06 June 2012 18493 Views

The Central Government by exercising the power conferred by clause (i) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) has made the Service Tax (Compounding of Offen

Booking Losses at the Right Time

Posted by Ramalingam K 06 June 2012 10520 Views

Do you book profit or book loss? You have bought the shares of ABC Ltd at a rate of Rs.100 per share. The current market price is Rs.150 per share. Also you have bought the shares of XYZ Ltd at a rate of Rs.200 and the current market price is Rs

Accounting Deep Discount Bonds - I GAAP & IFRS

Posted by Sanjay Chauhan (IFRS) 14 April 2020 79355 Views

A. Zero Coupon Bond (Deep Discount Bond) Zero-coupon bond (also called a discount bond or deep discount bond) is a bond issued at a price lower than its face value, with the face value repaid at the time of maturity. It does not make periodic inte