CAclubindia Articles
Utilization of CESS: Whether industry has been fooled?
In a significant move towards Goods & Service Tax (GST), the Central Government had issued Notification No. 14/2015-CE and 15/2015-CE dated 01-03-2015 (as part of the Union Budget – 2015 Notifications) whereby it exempted all goods falling
Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers
Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers and Gist of Other important Notifications - LS passed Finance Bill, 2015 The Lok Sabha passed the Finance Bill, 2015 which includes various tax proposals pres
N. No.12/2015-CE(NT) - Fate of Service Providers?
The most awaited notification on the fate of opening cenvat credit of Education Cess (EC) and SHE Cess (SHEC) lying as on 01/03/2015 has been notified on 30/04/2015. But this notification speaks about only excise duty payable by manufacturers but no
Taxation under MAT
Normally, a company is liable to pay tax on the income computed in accordance with the provisions of the Income-Tax Act, but the profit and loss account of the company is prepared as per provisions of the Companies Act. In the past, a large number of
Return of Income
Who has to submit return of income? Taxpayer Section under which return to be filed Minimum income to attract the provisions of filing return of income Company or firm 139(1) Any income/loss
Public Provident Fund - Best investment destination
Introduction PPF is money that will be yours forever. Knowledge of the different features of the PPF account will help you when you want to take a loan against the account, withdraw from the account, re-activate a discontinued account etc. Here an a
CBEC clarifies - Clearance from DTA to SEZ is Export and eligible for rebate of duty
Dear Professional Colleague, CBEC clarifies - Clearance from DTA to SEZ is Export and eligible for rebate of duty Background: In the Union Budget, 2015 vide Notification No. 06/2015-C.E. (N.T.) dated March 1, 2015 (Effective from March 1, 2015), E
Revised procedure for MVAT registration
Revised Procedure for MVAT\CST\PTRC\PTEC Registration by way of introduction to common e-Registration Form :Background : Initially separate applications were required to be made with the Registering Authorities for registration under MVAT, CST and PT
Taxation of Forex profit and loss under section 43A
From the ACT. Notwithstanding anything contained in any other provision of this Act, where an assessee has acquired any asset in any previous year from a country outside India for the purposes of his business or profession and, in consequence of a c
How to open PPF Account
How to open a PPF account Step 1: Head over to your nearest State Bank of India branch, or a branch of any of State Bank's subsidiaries. You can also open an account in select nationalized banks and the post office. Further, some private banks such a
Popular Articles
- Savings Account Rule 2026: New Limits For PAN Card Holder
- Tax Audit Due Date Extension for AY 2026-27
- Download PAN Card With Aadhaar Number in 2026: Know the Online Process
- Income Tax SMS Alert For Salaried and Pensioner FY 2026-27
- TDS on Professional Fees FY 2026-27: Rules and Threshold Limits
- Tax Audit Deadline AY 2026-27: A Practical Compliance Checklist for CAs and Taxpayers
- Income Tax Refund on Excess Recovery: Refund, Interest, Adjustment & Recovery Rules
- When Can GST Officers Visit Business Premises for Verification, Audit, Inspection, Search or Seizure?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
