CAclubindia Articles

November 2014 - Important Info and links for CA CS Student

Ankur Garg 21 July 2014 at 11:43

Dear Aspirants, I have compiled some useful information with relevant links for the use of CA and CS Aspirants. This information will help you to understand the implications and applicability of Companies Act, 2013 along with useful study material on

TDS on Contractors and sub-contractors

Sandeep Dharar 21 July 2014 at 11:42

I In recent days there r common question and confusions regarding section 194C. So I am presenting the article from my side to get rid out of all the confusions regarding Contract, Rates of TDS, Liability where tax is arise etc. Deduction of ta

Service Tax Amendments - Budget, 2014

Lalit Kumar Gupta 18 July 2014 at 13:02

AMENDMENTS IN SERVICE TAX BUDGET, 2014Service Tax changes and proposals are categorized in below manner:-1. Negative list of services2. Mega Exemptions Notification No. 25/2012-ST3. Notification No. 26/2012-ST4. Notification

Highlights of Budget - Finance Bill, 2014 - PART - II

Member (Account Deleted) 18 July 2014 at 13:02

For Previous Article PART -I Click Here PART - II**Capital Gains Tax Definition of Short term Capital asset Section 2(42A) Section 2(42A) has been amended to provide that securities (other than a listed security), listed or unlisted units and

Past Year Cenvat Credit - Last Chance?

Madhukar N Hiregange 18 July 2014 at 13:02

Revenue Augmentation by Way of Cenvat Credit Restrictions[ Past Credit Availment Last Chance? CE/ ST]CA Madhukar N HiregangeExcise duty collections are expected to be about Rs. 2 Lakhs crores and Service Tax collections about 2.2 Lakh

Section 51, Monies Forfeited Characterized With Other Sources

riddhi vasistha 18 July 2014 at 13:02

Finance bill 2014 has proposed to enhance the area of section 51, Forfeiture of advance money received in process of transferring a capital asset. The modification will elevate tax collec

Time limit on Claiming CENVAT Credit: Major Implication

Ankit Bidasaria 18 July 2014 at 13:02

Rule 4 of the CENVAT Credit Rules, 2004 (CCR) provides the conditions for availment of credit. Amendment rules inserted a new proviso after the second proviso in Rule 4(1). The new proviso shall be inserted with effect from first day of

Why tax practitioners bill required in India

BSKRAO 18 July 2014 at 13:01

(1) Below are the accounting bodies of various countrys world over on date, In spite of this, they have separate bodies/legislation for regulation of tax professionals. Reason being, situation similar to that of latest Supreme Court verdict in

Fund Raising Under Companies Act, 2013

CA Gaurav Mittal 18 July 2014 at 13:01

Under Companies Act,2013 A company can raise funds via 3 means :- Deposits. Loans. Capital. The Deposits and loans has already been discussed earlier in other Blogs Deposits : - A

Analysis on Acceptance of deposits under Companies Act, 2013

CA RAVI CHHATWANI 18 July 2014 at 13:01

Chapter VAcceptance of Deposits by Companies Prohibition on acceptance of deposits from public.Sec 73(1) After commencement of this Act, Company has to invite, accept or renew deposits in manner as provided in this chapter. Provided