CAclubindia Articles

Is company law complicated?

Durga Rao 26 March 2009 at 17:52

As everybody know, the formation and functioning of companies in India are governed by the Companies Act, 1956, the rules framed by the Central Government, the SEBI regulations and RBI guidelines and regulations on certain issues like inter-country t

How far the gold price will go.

Indraneel Sen Gupta 24 March 2009 at 23:18

How far the gold price will go. In the past few days gold price have shown the glitters of it in real terms setting new levels of high in price. Gold prices zoomed to a record high at Rs 15,200 per 10 gram in the Indian bullion market in the past fe

When we will get the next bull market rally.

Indraneel Sen Gupta 24 March 2009 at 23:18

When we will get the next bull market rally. Each and every one is having one question in mind that when the Indian stock market will come out from the downward trend and will make another bull market rally. In fact the answer to this question is dif

IFRS Challenges

CA. Amit Daga 24 March 2009 at 23:15

IFRS - Challenges n Major Challenges : v Shortage of Resources With the convergence to IFRS, implementation of SOX, strengthening of corporate governance norms, increasing financial regulations and global economic growth, acc

IAS 32 Financial Instruments

CA. Amit Daga 24 March 2009 at 23:04

IAS 32 Financial Instruments - Definition v A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entityv The financial instr

Remission of Loan

ankush 24 March 2009 at 23:04

Remission of Unsecured LoanCase for Taxability u/s 41(1) vis-à-vis 28(iv)Brief facts for issue in discussion are as under- ABC Pvt. Ltd had taken unsecured loan from various parties. For the first 2 years the company paid interest regularly a

Penalty u/s. 271(1)(C)

Hiral Raja 24 March 2009 at 23:03

If the Assessing officer or Commissioner (Appeals) in the course of any proceedings under the Act is satisfied that any person has concealed the particulars of his income or furnished inaccurate particulars of such income, then he can direct that suc

Why IFRS.. Introduction

CA. Amit Daga 22 March 2009 at 16:33

Why IFRS? Ø Numero-uno accounting framework with global acceptance.Ø Business going global, more cross border transactionØ Access to international capitalØ Single global financial reporting language&O

List of IFRS

CA. Amit Daga 22 March 2009 at 02:32

The following IFRS statements are currently issued:IFRS 1 First time Adoption of International Financial Reporting Standards IFRS 2 Share-based Payment IFRS 3 Business Combinations IFRS 4 Insurance Contracts IFRS 5 Non-current Assets Held for Sale an

Discussion on Basics of Financial Market

Manmohan ACA, CS 22 March 2009 at 02:31

Discussion on Basics of Financial Market Discussion 1 What are the various types of financial markets? The financial markets can broadly be divided into money and capital market. Money Market: Money market is a market for debt securities that p