CAclubindia Articles

10 Common Sense yet confusing questions regarding CV / Resume

Posted by Rohit Jain 08 October 2014 45180 Views

A cv or resume is the most important document that will help you to get the best job offers. While many are strong and sound on academic and presentation front, still they feel confused when it comes to CV and resume. Questions of myriad type arise i

Equity linked saving scheme (ELSS) - The best tax saving tool

Posted by CA. Ankit Chandrakar 07 October 2014 23293 Views

WHAT IS AN EQUITY LINKED SAVING SCHEME (ELSS)? ELSS is a popular mutual fund scheme that allows you to take exposure in the equity market, while simultaneously serving as a tax-saving product. It is a type of mutual fund which invests majority of its

Loan to director

Posted by Member (Account Deleted) 07 October 2014 27763 Views

It is applicable to both public and private limited company. No Company shall directly or indirectly advance any loan, including any loan represented by a book debt, to any of its Directors or to any other person in whom the Director is interested, o

Exponential Rise in Rate of Interest of Service Tax

Posted by CA Umesh Sharma 07 October 2014 17262 Views

Karniti Part 57 In October Heat Exponential Rise in Rate of Interest of Service TaxArjuna (Fictional Character): Krishna, October months heat has started. In this by increasing rate of interest of service tax from 1st October 2014 the departme

How to deal with stock market losses

Posted by Santhosh Poojary 07 October 2014 16671 Views

All money decisions are emotional. No matter how much to know at the time of the decision, things change very quickly and your emotions are always with you for the ride. Most people dont know what to do w

No Penalty in the absence of mens rea

Posted by Bimal Jain 07 October 2014 12654 Views

Dear professional college,No Penalty in the absence of mens reaWe are sharing with you an important judgment of Honble CESTAT, DELHI in the case of Mohan Poddar Vs. CCE, Raipur [2014 (9) TMI 782 - CESTAT NEW DELHI] on the following issue:Issue

VAT Problems In E-Commerce Transactions - Amazon's Karnataka Case Study

Posted by CA Ankit Gulgulia (Jain) 07 October 2014 22575 Views

VAT Problems In E-Commerce Transactions Amazons Karnataka Case Study (A Potential Noscitur Principle Issue) E-commerce transactions in India are gaining popularity at the very fast pace majorly due to its attributes of ease of shopping

How to channelize the Black money to India's Infrastructure development

Posted by N.Srinivasan 07 October 2014 17625 Views

I do not want to elaborate about the creation, source and utilization of Black money as the reasons and the purposes are well known. Earlier attempts by the Government through voluntary disclosure schemes have not brought desired result

No penalty can be levied merely on the basis of provisional assessment

Posted by Amit Bajaj 07 October 2014 13982 Views

Rajasthan High Court in a very important case namely ACTO vs Jain Hardware Stores has held that no penalty can be levied in the provisional assessment as for leving penalty definite findings and conclusions and many things have to be proved, therefor

Clarifications - Mandatory pre-deposit

Posted by Sachin Sharma 07 October 2014 15323 Views

Clarifications Mandatory pre-deposit (Circular No 984/08/2014-Cx dated 16.09.2014) (Section 35F of Central Excise Act 1944 and Sec 129E of Custom Act 1962 substituted vide Finance Act (No. 2)2014) Clarification has been issued by the CBEC reg