CAclubindia Articles

No ST on Deputation of employees on cost-sharing basis

Posted by Bimal Jain 02 August 2014 17823 Views

Deputation of employees on cost-sharing basis does not fall under Supply of Manpower Services We are sharing with you an important judgment of the Honble High Court of Gujarat in the case of Commissioner of Service Tax Vs. Arvind Mills Ltd. [(

Tips to handle Costing subject in Professional Exams

Posted by Ankur Garg 02 August 2014 76505 Views

Dear Students, I am sure you all are eagerly waiting for your May 2014 CA attempt result. So first of all I would like to convey my best wishes to you. Further it is also a fact that November 2014 exams are approaching and it is high time for us to s

Grossing up of Dividend for distribution tax - increase in effective Dividend Distribution tax rate of 3.47%

Posted by rajat aggarwal 02 August 2014 24075 Views

The Finance (No.2) Bill, 2014 proposes to levy pidend distribution tax by grossing up the pidend payable for the purpose of computing liability towards pidend distribution tax. As per the existing provision of Section 115-O pidend distribution tax at

Salman Khan gets a kick

Posted by Guest 01 August 2014 35768 Views

In a recent decision pronounced by Honble ITAT (Mum) on 30-07-2014 in case of Salman Khan vs. ACIT wherein the assessee had claimed various legal expenses incurred for defending himself in various criminal proceedings pending in the court. The

PSF, PFY and Tow- Ache din aa gaye hai

Posted by Pradeep Jain 01 August 2014 17662 Views

There was litigation on the point of taxability of ‘Tow’ which is an intermediate product in the manufacturing of Polyester Staple Fiber (PSF) and Polyester Filament Yarn (PFY) manufactured from plastic waste or scrap or plastic waste in

Procedures for Conversion of Private Company into OPC

Posted by Ankur Garg 01 August 2014 53399 Views

Dear Professional Colleagues, Procedures for Conversion of Private Company into One Person Company (OPC) are regulated by Rule 7 of Companies (Incorporation) Rules, 2014. Before going through the procedure it is necessary to understand about the conc

Procedure for change in Object clause of the Company

Posted by Ankur Garg 01 August 2014 118226 Views

Dear Professional Colleague, This Article contains the procedure for change in Object clause of the Company under Companies Act, 2013 with detailed documentation required. I hope this document would be of some help w.r.t. your professional working: P

Recent Changes in Tax Audit Report

Posted by manoj sethia 01 August 2014 40128 Views

Vide notification no. 33/2014 dated 25.07.2014, CBDT has made amendments in Form 3CD and the same have been made effective for Tax Audit for assessment year 2014-15. Broadly, the changes have been made making Tax Audit Report (TAR) more comprehensive

Registers can be maintained in electronic form under CA 2013

Posted by Ankit Sharma 01 August 2014 71672 Views

Registers can be maintained in electronic form under Companies Act 2013. Every Company is required to maintain statutory records in the form of registers, minutes etc. throughout its life.1.Definition of Record is not given under Compan

Procedure for Incorporation of a Company under CA, 2013

Posted by Ankur Garg 31 July 2014 479320 Views

Dear Professional Colleague, Again an attempt has been made from my side to share my experience regarding Incorporation of a Company under Companies Act, 2013 in the form of an Article. This Article contains the procedure for Incorporation of a Compa