CAclubindia Articles
No penalty if there was mass unawareness among service providers about taxability of certain service
SERVICE TAXRECENT CASE LAWS No penalty if there was mass unawareness among service providers about taxability of certain service H.M. Singh & Co. Vs. Commissioner of Central Excise, Customs & Service Tax [2014 (49) taxmann.com 417(Allahab
Section 5(C) of Banking Regulation Act, 1949
TEXT OF REMAINING PROVISIONS OF ALLIED ACTS REFERRED TO IN INCOME-TAX ACT SECTION 5(c) OF BANKING REGULATION ACT, 1949Interpretation.5.In this Act, unless there is anything repugnant in the subject or context,** ** **(c) banking company means any com
Memorizing technique
Even though girls have natural tendency to gather more information and that's why they are good at describing things and memorizing more things whereas a man's mind has comparatively less sensory points that's the reason why they
Demystifying the Secret of Market to make Money effortlessly
DEMYSTIFYING the Secret of Market to make Money effortlessly.its amazing!!If the Market is a mystery to the Investors then there is always a clue inside it to decipher the same and the only thing investor sh
Concept of Duty Drawback
Concept of Duty Drawback-By CA. Monalisa Khuntia IntroductionDuty Drawback has been one of the popular and principal methods of encouraging export. It is a relief by way of refund/ recoupment of custom and excise duties paid on inputs or raw material
Impact of the Companies Act- 2013 and Rules on Statutory Auditors of Company Section- 139
APPOINTMENT OF AUDITOR,Section - 139 read with rules The Companies(Audit and Auditors) Rules, 2014Series-25.1 YOU MAY SEE THE FOLLOWING TABLE SHOWING THE RELEVANT PROVISIONS RELATING TO APPOINTMENT OF FIRST AUDITOR OF COMPANY. Wh
Service Tax Compliance under Reverse Charge - Proprietorship
1. Freight paid/payable to Goods Transport Agency (GTA)1.1 When does an individual/proprietorship firm is liable to pay service tax under reverse charge?An Individual or a proprietorship firm is liable to take service tax registration and pay servi
TP Alert | Vodafone Case: Bom HC decoded applicability of TP
Vodafone Case Summary: Bombay HC rules on the applicability of TP provisions to issue of shares to associated enterprises; holds share premium does not give rise to incomeSection 92(1) of the Income Tax Act (Act) states th
Issues in issue of Form C under CST Act 1956
Issues in issue of Form C in CST Mahadev.RFollowing are the goods specified u/s 8(3) of CST Act 1956 in respect of which an interstate sale to a registered dealer is liable to tax at concessional rates i.e. 2% or state rate whichever is
Concept of Contemporaneous Documentation in Transfer Pricing
Contemporaneous documentation means information, records and other documents which exist or brought into existence at the time the taxpayer is developing or implementing any arrangement that might raise transfer pricing issues. It is important that
sss
CAclubindia
