CAclubindia Articles

Creation of NGOs

Posted by CA.Tarun Maheshwari 23 December 2009 10978 Views

There are three types of constitution of Not for Profit Organisations (NPO)1. Trusts2. Societies3. Section 25 Companies. Few Important Aspects wrt creation of NGOs/NPOs1. There must be a

Applicability of Sec 40(a)(ia) on year end TDS provisions

Posted by Manikanta Raju CA,CWA,(CS) 22 December 2009 165460 Views

Introduction: One of the important aspect during the tax audit is whether payments made towards specified expenditure attracts disqualification u/s 40(a) (ia) and applicability of this section to provisions made at the year end and its implications.

Companies bill 2009 - what is new?

Posted by P ESWARAMOORTHY 21 December 2009 25479 Views

" Companies Bill 2009 - Critical Analysis " Companies Bill,2009 - What is New?" 2008 Bill Introduced in LokSabha on 23rd Oct. 2008 2009 Bill INTRODUCED IN LOK SABHA ON 3rd AUGUST 2009 The Bill proposes to have 426 Clau

IPOs (Initial Public Offerings)

Posted by CA Anand Sarda 18 December 2009 38608 Views

IPOs (Initial Public Offerings) What is an IPO? An IPO is when a company which is presently not listed at any stock exchange makes either a fresh issue of shares or makes an offer for sale of its existing shares or both for the first time to the

Recourse available against deductiabilty of TDS u/s 194A

Posted by Manikanta Raju CA,CWA,(CS) 18 December 2009 18988 Views

This topic is relating to problems faced by General Insurance companies providing third party insurance:-In most of the cases the accident victim in road accidents are poor and road side people. They will receive money from insurance companies by way

Company Law in India - a brief

Posted by Durga Rao 18 December 2009 21977 Views

In view of the vastness of the subject, the complications and listening at many of my colleagues, I have decided to present a small brief on Companies to be formed under the provisions of Companies Act, 1956, the difference between Private

CA Articleship: How to perform well and succeed Part-I

Posted by Ankur Garg 18 December 2009 53648 Views

Dear All, Please find below few useful and simple tips in my style regarding how to perform well and accomplish something during CA Articleship. Hope these tips would be off some help during your tenure as an article assistant. This article is comple

EOU and its audit procedure

Posted by Manikanta Raju CA,CWA,(CS) 18 December 2009 39769 Views

Brief introduction of Export Oriented Unit (EOU):Units undertaking to export their entire production of goods and services (except permissible sales in the DTA), may be set up under the Export Oriented Unit (EOU) for manufacture of goods, including r

A Primer on Proposed Tax System on Goods and Services

Posted by CA Pradip Shah 18 December 2009 9336 Views

A Primer on Proposed Tax System on Goods and ServicesPart-I: Basic Concept and FrameworkBy CA. Pradip R Shahe-mail: pradip@pradiprshah.com Introduction:With the release of the First Discussion Paper (FDP) by the Empowered Committee (EC) on the propo

A breif note on IT scrutiny

Posted by Manikanta Raju CA,CWA,(CS) 18 December 2009 35378 Views

The below mentioned article broadly covers all important aspects relating to scrutiny proceedings carried out u/s 143(2)/(3) of the Income Act 1961. What is a scrutiny? It is not possible to the Income Tax Department to make regular assessment of al