CAclubindia Articles

Taxation Regime for REIT and InvITs in Finance Bill 2014

Posted by CMA Devi Vara Prasad Korada 16 July 2014 18457 Views

1.Introduction: Real Estate Investment Trusts (REITS) have been successfully used as instruments for pooling of investment in several countries. Infrastructure Investment Trusts (InvITs), a modified REITS type for infrastructure projects is also bein

Impact of Freight on valuation - Indirect tax

Posted by Nagendra Hegde 15 July 2014 71859 Views

Impact of Freight on valuation - Indirect tax By Nagendra Hegde Transportation is a fundamental arrangement without which none

Procedure for Increase in Authorise Capital under CA 2013

Posted by Ankur Garg 15 July 2014 280142 Views

Dear All, As per my understanding procedure for Increase in Authorize share Capital is one of the most frequently searched topics by professionals. An attempt has been made from my side to unlock the provisions of Companies Act, 2013 related to Incre

Section 32AC- An Aid to Prosper the Manufacturing Sector

Posted by riddhi vasistha 15 July 2014 26500 Views

Section 32AC - There are several policies which affect the culture of investment in manufacturing sector. The union finance minister has proposed to extend the scope of section 32 AC. The invit

Union Budget - An impact on common Indian

Posted by CA Neha Bhuwania 15 July 2014 18621 Views

The Union Budget- Indias embarkment into a new era- Impact on common IndianThe long awaited budget of the new government finally came up last week and must say, given the paucity of time to actually work on this intense budget, the Modi Govern

Real Estate Investment Trust (REIT) - Direct Tax Proposal

Posted by MOHIT JAIN 15 July 2014 17747 Views

Globally REIT is well developed phenomena, serving dual purpose of providing investor with alternative investment avenue, being real estate properties and providing developer or private equit

A Close Watch on Service Tax Defaulters

Posted by Pradeep Jain 14 July 2014 30732 Views

The Government has enhanced the rate of interest to be charged on delayed payment of Service tax under Section 75 of Finance Act, 1994. This increase in the rate is based on period of delay rather a single increased rate for any period of delay. Thus

CMAs' Role in Tax Audit

Posted by CMA Arif Farooqui 14 July 2014 31499 Views

Finance Act, 1984 introduced Section 44AB under Income-tax Act, 1961 w.e.f Assessment Year 1985-86. Under this section, if the total sales / turnover or gross receipts for previous year exceed the prescribed limits then assessee is required to get hi

Let's see, some silent proposals of the Income Tax

Posted by CA Umesh Sharma 14 July 2014 20620 Views

Karniti Part-45:Lets see, some silent proposals of the Income Tax from the Financial Budget Arjuna (Fictional Character): Krishna, on 10th July Finance Minister Mr. Arun Jaitely has presented Financial Budget. Thereafter lots of discussions on the bu

Preparing for an Industrial Trainee Interview

Posted by Therednose 14 July 2014 39843 Views

As an interviewer I meet a lot of candidates who are interested in pursuing Industrial Training. However several candidates dont prepare well for the interview, resulting in losing great opportunities to join good organisations and getting exp