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Flag this message Directions Under Section 212 of the Companies Act 1956 Amended by MCA
Posted Date : 31-May-2011 , 09:08:49 am | Posted By Shipra Goel

Dear Professional Colleague,   As per the provisions Section 212 of the Companies Act, 1956  holding companies requires to attach with their balance sheet a copy of the balance sheet, profit and loss account etc of each of its subsidiaries.  In recent years, with the g...

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Category : ICSI | Comments : 0 | Hits : 1352

Do you think that the management should focus more on short term high growth targets? Or should they focus on long-term sustainable growth?
Posted Date : 31-May-2011 , 02:38:54 am | Posted By KIRTI

The result season is almost drawing to a close. Most companies have reported a decent growth in their top-line or their revenues. Some have even managed to translate this growth into a healthy growth in their profits as well. However, some have succumbed to the pressures o...

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Category : Income Tax | Comments : 2 | Hits : 513

Announcement for Financial Assistance from Chartered Accountants Students Benevolent Fund
Posted Date : 30-May-2011 , 03:39:45 am | Posted By Anmol Rana

  THE CHARTERED ACCOUNTANTS STUDENTS BENEVOLENT FUND (CASBF)   The Board of Trustees of The Chartered Accountants Students Benevolent Fund have decided to grant financial assistance to 200 students who are currently undergoing articled trai...

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Category : ICAI | Comments : 0 | Hits : 901

New Notification Regarding Issue of Form 16A
Posted Date : 30-May-2011 , 12:15:14 am | Posted By CA Mordhwaj Garg

  As per CBDT circular no. 03/2011 dated May 13, 2011, TDS Certificates in Form No. 16A will be generated from Tax Information Network (TIN). It is mandatory for Companies and Banks to issue Form 16A from TIN to their deductees for deductions made from April 1, 2011 (F.Y. 2011-...

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Category : Income Tax | Comments : 0 | Hits : 2007

Settlement Commission
Posted Date : 27-May-2011 , 05:47:41 am | Posted By Anmol Rana

  Introduction – Income-Tax Settlement Commission, a quasi judicial body, was set up under section 245B of Income-tax Act 1961. It has been set up as a result of recommendations made by Direct Taxes Enquiry Committee (Popularly known as Wanchoo Committee). The objective of setting ...

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Category : Income Tax | Comments : 0 | Hits : 911

CS - Payment of Annual Member ship / Certificate of Practice fee for the year 2011-12
Posted Date : 26-May-2011 , 07:30:22 am | Posted By Anmol Rana

    CS - Payment of Annual Member ship / Certificate of Practice fee for the year 2011-12   Payment of Annual Member ship / Certificate of Practice fee for the year 2011-12     1 . Payment of Annual Membership fee/Certificate of Pract...

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Category : ICSI | Comments : 0 | Hits : 1666

ALL ABOUT ACQUIRING DSC.
Posted Date : 26-May-2011 , 02:40:24 am | Posted By CA. SANAT PYNE

  What is a Digital Signature Certificate (DSC)? The Information Technology Act, 2000 provides for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed electronically. This is the only secure a...

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Category : Corporate Law | Comments : 0 | Hits : 824

CA Practice - The Real CA Profession
Posted Date : 24-May-2011 , 11:24:25 am | Posted By Varun Goel

CA Practice – The Real CA Profession Chartered Accountant is a royal field. It has the power to change the whole finance structure of the country. Its mission will be valued trustees of world class financial competencies, good governance and competitiveness. Each ...

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Category : Students Zone | Comments : 24 | Hits : 6969

Learn CARO Sequentially
Posted Date : 24-May-2011 , 07:07:07 am | Posted By Rohit

  Read the given para to memorise sequentially CARO Points in few mins :-     Fixed Inventory Loan on Internal Register of Public deposit for Internal Audit & Cost Records w...

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Category : Auditing | Comments : 0 | Hits : 1594

How to Incorporate a New Limited Liability Partnership
Posted Date : 24-May-2011 , 06:52:58 am | Posted By CA. SANAT PYNE

  How to Incorporate a New Limited Liability Partnership             A Limited Liability Partnership may be incorporated as per the procedure explained below:   User Registration   Register yourself o...

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Category : Corporate Law | Comments : 0 | Hits : 2279

ALL ABOUT LLP
Posted Date : 24-May-2011 , 05:39:36 am | Posted By CA. SANAT PYNE

  NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP) 1. Concept of “limited liability partnership” LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue i...

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Category : Corporate Law | Comments : 0 | Hits : 995

POST SHIPMENT FINANCE
Posted Date : 20-May-2011 , 01:22:19 am | Posted By CA. SANAT PYNE

  POST SHIPMENT FINANCE   Introduction Post Shipment Finance is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This type of export finance is granted from the date of extending the credit after s...

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Category : Finance | Comments : 1 | Hits : 795

PRE SHIPMENT FINANCE
Posted Date : 20-May-2011 , 01:16:08 am | Posted By CA. SANAT PYNE

  Pre Shipment Finance is issued by a financial institution when the seller want the payment of the goods before shipment. The main objectives behind preshipment finance or pre export finance is to enable exporter to: Procure raw materials. ...

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Category : Finance | Comments : 0 | Hits : 1169

Health and Wealth Both
Posted Date : 19-May-2011 , 02:33:03 am | Posted By Dinesh Maheshwari

FOOD THERAPY     ( Bhojan Dwara Swasthya Labh)   WHAT I HAVE UNDERSTOOD AND EXPERIENCED SINCE 2000 ONWARDS THAT food is the basic need of any human being to remain healthy as we know that there are only three activities which is being communicated in Ayurveda i.e....

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Category : General | Comments : 0 | Hits : 606

detail procedure about AGM
Posted Date : 19-May-2011 , 12:56:24 am | Posted By CA. SANAT PYNE

  What is an Annual General Meeting? An Annual General Meeting, commonly referred to as an AGM, is a formal meeting which is held once a year. It is a legal requirement for voluntary organisations that have company status. It is good practice for charities to have an AGM to a...

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Category : Corporate Law | Comments : 0 | Hits : 1133

FAQ ON SEZ
Posted Date : 18-May-2011 , 07:02:39 am | Posted By CA. SANAT PYNE

  FAQ ON SPECIAL ECONOMIC ZONE 1 What is a Special Economic Zone ? Special Economic Zone (SEZ) is a specifically delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs. 2. Where in India SEZs are lo...

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Category : Income Tax | Comments : 0 | Hits : 824

IMPROOVE YOUR WRITING SKILL
Posted Date : 18-May-2011 , 06:56:44 am | Posted By CA. SANAT PYNE

   IMPROOVE YOUR WRITING SKILL   Getting your point across in writing is necessary for many jobs. I think It  will help you very much. 1.    Draw up an outline, listing each item you need to discuss in your memo, letter, or report. ...

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Category : General | Comments : 3 | Hits : 666

HOW TO CALCULATE DEPRECIATION FOR ARRIVING AT NET PROFITS FOR PURPOSES OF MANAGERIAL REMUNERATION
Posted Date : 18-May-2011 , 06:51:45 am | Posted By CA. SANAT PYNE

  HOW TO  CALCULATE DEPRECIATION FOR ARRIVING AT NET PROFITS FOR PURPOSES OF MANAGERIAL REMUNERATION   1.                 Not that depreciation has to be calculated strictly in accordan...

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Category : Corporate Law | Comments : 0 | Hits : 2488

HOW TO WRITE A BUSINESS REPORT
Posted Date : 18-May-2011 , 06:14:15 am | Posted By CA. SANAT PYNE

  HOW TO WRITE A BUSINESS REPORT Report writing is an essential skill for professionals in almost every field. Each kind of report has its characteristics. An enquiry report or a survey report is essentially a fact-finding report and should bring out the facts clearly. A Directors&rs...

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Category : General | Comments : 2 | Hits : 570

Commitment Towards Success.......!
Posted Date : 17-May-2011 , 11:07:01 am | Posted By Madhu Kiran

  Commitment towards success   Friends do you remember that “Rabbit Vs Turtle” story which we learn in our lower class, let me once again tell this story to you.   The Rabbit and the Turtle:     &ld...

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Category : Students Zone | Comments : 1 | Hits : 688

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