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CAclubindia Articles


Is company law complicated?

Posted by Durga Rao 26 March 2009 5094 Views

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.

Posted by Indraneel Sen Gupta 24 March 2009 9819 Views

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.

Posted by Indraneel Sen Gupta 24 March 2009 5138 Views

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

Posted by CA. Amit Daga 24 March 2009 13611 Views

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

Posted by CA. Amit Daga 24 March 2009 8070 Views

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

Posted by ankush 24 March 2009 11872 Views

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)

Posted by Hiral Raja 24 March 2009 154876 Views

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

Posted by CA. Amit Daga 22 March 2009 8754 Views

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

Posted by CA. Amit Daga 22 March 2009 19597 Views

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

Posted by Manmohan ACA, CS 22 March 2009 9836 Views

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




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