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Rajkumar S Adukia

Latest Articles


Global Role of CA in whole Gamut of Succession and transfer of asset including professional executor of will

CA, CS, CMA : The article gives insight about will document and execution of the same. The author believes that the chartered accountant in the ...

December 4, 2021 2157 Views 0 comment Print

Opportunities for CAs as an Independent Directors

Company Law : The concept of Independent Directors is a welcome step for corporate governance in India. Independent directors are expected to us...

December 4, 2021 5346 Views 0 comment Print

Value added professional opportunities for chartered accountants In cooperative world

CA, CS, CMA : The co-operative movement that was started to help the rural indebtedness has now made noticeable progress. The sector has grown i...

December 4, 2021 2841 Views 0 comment Print

Audit will be there as long as Economic/Non-economic activities are there on planet

CA, CS, CMA : Introduction: The word ‘AUDIT’ has Latin origins. It is derived from the Latin term ‘audire,’ which means to hear ...

December 4, 2021 795 Views 0 comment Print

Professional services a CA can provide in preventing Money laundering

CA, CS, CMA : The term 'money laundering' is generally attributed to the collective of procedures involved in legitimizing assets amassed by mea...

December 4, 2021 4869 Views 1 comment Print


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History of Accounting and Accounting Standards

Finance : Sufficient evidence exists to conclude that art and practice of accounting existed even in Vedic times. There are references to kr...

December 31, 2011 41595 Views 0 comment Print


Agriculture & Allied Sectors & their Accounting & Role of a Chartered Accountant

October 15, 2012 5227 Views 1 comment Print

A chartered accountant can play a vital role in the agricultural and rural development of our country. A chartered accountant is bestowed with highly appreciated qualities of integrity, technical excellence, knowledge, analytical skills and leadership with consistency of purpose. This professional initiative requires the help of Government by conducting awareness programmes on accounts, audit and […]

Overview of Cyber Laws In India

October 10, 2012 3129 Views 0 comment Print

Cyber is a prefix used to describe a person, thing, or idea as part of the computer and information age. Taken from kybernetes, Greek word for steersman or governor, it was first used in cybernetics, a word coined by Norbert Wiener and his colleagues.

Climate change mitigation & its importance for professionals

October 6, 2012 282 Views 0 comment Print

The Threat to the environment, posed by the global climate change is real. Human activities are increasing the atmospheric concentrations of greenhouse gases. All theoretical models predict that these increases in greenhouse gas concentrations will cause changes in climate, both regionally and globally — with adverse consequences likely for human health, as well as to ecological and socio­economic systems.

Free eBook on Formation & Administration of Charitable Organisations

September 4, 2012 3971 Views 0 comment Print

Free Handbook covers the following Topics – 1. Introduction 2. Evolution and Growth of Charitable Organisations in India 3. Meaning of Charitable Organisation 4. Laws governing Charitable Organisations in India 5. Formation and Registration of the various forms of Charitable Organisations

Free Book on New System of Taxation of Services

September 1, 2012 7294 Views 0 comment Print

Taxation of services in India has been a learning experience for not only the tax payers but also the tax administrators. The gradual expansion of the list of taxable services from an initial three to more than one hundred has posed its own challenges. The Finance Act, 2012 has started to change this all and usher in a new system of taxation of services; popularly known as the Negative List.

Free Handbook on Real Estate Taxation & legal Aspects

August 25, 2012 8444 Views 0 comment Print

An informative handbook offering comprehensive information on real estate has been attached for your reference. The Book overs the following topics :- Overview of Real Estate laws of India, Rent Control Act, Property Tax, FDI guidelines for real estate, Income Tax, Service Tax, FEMA, Real Estate – Deeds/Agreements, Authorities and Organisations related to the Real Estate sector, Professional opportunities in Real Estate

Overview Of The PMLA, 2002, PML Bill, 2011 & Benami Transactions (Prohibition) Bill, 2011

March 3, 2012 880 Views 0 comment Print

Money is the root cause of many evils like corruption, black marketing, smuggling, drug trafficking, tax evasion etc. The more developed the nation, the more the standard of living of the people. People want more money to cater to their needs and at a point of time they don’t hesitate to have money from any source i.e. black or white money. This is the point where the concept of money laundering enters and then prospers.

History of Accounting and Accounting Standards

December 31, 2011 41595 Views 0 comment Print

Sufficient evidence exists to conclude that art and practice of accounting existed even in Vedic times. There are references to kraya (sale), Vanij (merchant), sulka (price) in Rigveda. Kautilya’s Arthashastra contains details on business of keeping up accounts in the office of accountants .It provides details of matters which should be recorded, registers to be maintained, system of examination of accounts and even details of punishments for default.

Life insurance policy and Protection to policyholders

November 29, 2009 771 Views 0 comment Print

The prospectus of any insurance product should state the scope of benefits, the extent of insurance cover and in an explicit manner explain the warranties, exceptions and conditions of the insurance cover and, whether the product is participating (with-profits) or non-participating (without-profits). The allowable rider or riders on the product shall be clearly spelt out with regard to their scope of benefits, and in no case, the premium relatable to all the riders put together shall exceed 30% of the premium of the main product.

Need for Life Insurance

November 29, 2009 1462 Views 0 comment Print

Life Insurance provides risk cover which no other investment option offers. Following are the advantages of Life Insurance: It provides full protection against risk of death. Encourages and forces compulsory savings as the saved money cannot be withdrawn and premium has to be paid regularly. Provides loan to tie over a temporary difficult phase and is also acceptable as security for a commercial loan. Provides tax benefits to policyholders. Hedges risk against uncertainty.

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