CAclubindia Articles

Customs Valuation of Imports - Related Party Transaction

Posted by CA. SRIKANTHA RAO T 02 May 2014 35530 Views

The opening up of the Indian economy around two decades ago followed by some of the Multinational Corporations setting up manufacturing units in the country brought into focus the provisions pertaining to valuation of goods impor

All about Cloud Computing

Posted by smit shah 02 May 2014 24950 Views

Cloud computingToday is the age of information technology. The facets of work and personal life are moving towards the concept of availability of everything online. Understanding this trend, the big and giant web based companies like Google, Amazon,

Piercing the Corporate Veil in Taxation Matters

Posted by Guest 02 May 2014 10346 Views

INTRODUCTION The concept of taxation is not new in modern India. Tax was basically defined as the burden or charge imposed by the legislative power on persons or property, to raise money for public purposes, whereas taxation&rdqu

No retrospective effect on non bailable offences under ST

Posted by Bimal Jain 02 May 2014 6714 Views

Dear Professional Colleague,Non Bailable offences under Service Tax do not have retrospective effect We are sharing with you an important judgement of the Honble High Court of Calcutta, in the case of Sudip Das, {[2014] 44 taxmann.com 48 (Calc

One month to go for May 2014 Exam

Posted by CA Kaushal 01 May 2014 25372 Views

Dear Students,Its high time, its only a month period precisely 30 days at the end of which you all will be sitting in your exam hall delivering the result of what you all have done from last so many month. In fact it wont be exaggerating to sa

Input Tax Credit w.e.f 1st April under Punjab VAT Act, 2005

Posted by Amit Bajaj 01 May 2014 16333 Views

Input tax credit is a concession granted by the State Government against the output tax liability on the sale or purchase of goods within the State jurisdiction. To avail such concession one has to fullfill the conditions imposed by the statue subjec

Companies (Registration Offices and fees) Amendment Rules, 2014

Posted by CS M.Kurtrala Nathan 01 May 2014 29422 Views

The MCA has amended the Companies (Registration offices and fees) Amendment Rules,2014 and specifies e-forms which need pre-certification by CA or CS or CMA.These rules shall come into force w.e.f 28 th April 2014Pre-certification of e-forms by CA or

Gifts to and from HUF

Posted by vinay v. kawdia 01 May 2014 115398 Views

In this article, the author endeavours to prescient the amendment by Finance Act, 2012 in the definition of 'relative' in Explanation (e) to clause (vii) of Section 56. The article also critically analyses the recent judicial decisions on the

One Person Company - A New Business Ownership Concept

Posted by CA Jaynam S. Shah 30 April 2014 15721 Views

BACKGROUND THE COMPANIES ACT, 2013On August 29, 2013 the much-awaited Companies Bill 2013 (the bill) received assent from the President Pranab Mukherjee. With this move, our country has got new company law that has replaced the

Clause 49 Vs Companies Act, 2013

Posted by CS M.Kurtrala Nathan 30 April 2014 21287 Views

Introduction: To make the listed companies more transparent and to align the provisions related to listing agreement with the Companies Act 2013 ,Capital Markets Regulator, SEBI has amended Clause 49 of Listing Agr