CAclubindia Articles

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant.

Posted by CA Pawan Maloo 03 July 2015 14651 Views

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriantSection 147 and 148 of Income Tax Act is a well designed weapon for the Income Tax Department empowering it to assess, re-assess or re-compute income, turnover etc. which

Difference Between ITR 4S or SUGAM and ITR 4

Posted by Prashant Gupta 02 July 2015 26498 Views

Many Tax payers who are business owners or are professionals remain unsure about whether they need to file their Income Tax Return using form ITR 4 or ITR-4S (or SUGAM). So, here is mentioned information to understand the applicability of ITR 4 &

Powers of the AO to re-open assessment u/s 148 are not un-abundant or luxuriant

Posted by CA Pawan Maloo 02 July 2015 5944 Views

Importance of other laws in tax planning

Posted by Paras mehra 02 July 2015 6489 Views

PERSONAL INCOME TAX: IMPORTANCE OF OTHER LAWS IN TAX PLANNING – HERE IS EXPLAINED HOW?IntroductionTax laws are getting complex day by day and also scope for simple tax planning is also getting narrower day by day. In this dynamic environment, k

Interview: A big hurdle to your job

Posted by Aman 30 June 2015 20072 Views

Success of an interview is totally dependent on you. In most of the part of your professional lives you will face many interviews. Facing and to succeed the interview requires both the knowledge and skills. With p

GST - Goods & Service Tax

Posted by CA SONIYA AGARWAL 30 June 2015 24454 Views

Presently Indian Economy has various taxes on Goods and services such as VAT, Service Tax, Excise, Entertainment Tax; Luxury Tax Etc so with coming of GST there shall be single Taxation System. GST is an integrated scheme of taxation that does not di

Real Estate Developers & section 43 CA

Posted by mohit mittal 30 June 2015 14182 Views

REAL ESTATE DEVELOPERS AND SECTION 43CA The provision was introduced in order to counter act the various decisions of high courts where it was held that provisions of Section 50C is not applicable when the seller holds the land or building or both as

Basic of GST in India

Posted by Deepak Sethi 30 June 2015 38527 Views

GST (Goods and Service Tax)GST means Goods and Service Tax. It is an indirect tax levied on sale of goods and services. The reformists believe that GST is one of the most awaited law which upon introduced will boost the economic growth in the country

Agriculture Income and Expenditure, etc more details asked in New ITR

Posted by CA Umesh Sharma 29 June 2015 21438 Views

Karneeti Part 104Agriculture Income and Expenditure, etc more details asked in New ITR.Arjuna (Fictional Character): Krishna, in last week Income Tax Department has issued forms for filling Income Tax Return for Financial Year 2014-15. Which are thes

Impact of budget proposals on Delhi VAT

Posted by Kaushik Vinod 29 June 2015 9478 Views

IMPACT OF BUDGET PROPOSALS ON DELHI VALUE ADDED TAX PRESENTED ON 25-06-2015Introduction:Before I begin this article it is worth to quote from the budget speech of Mr. Manish Sisodia Finance Minister that �I have tried to strike a careful balanc