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Cenvat Credit on Inward transportation
Can CENVAT Credit on Inward transportation be denied when there is no dispute regarding receipt of material? Reliance in this connection can be placed on the decision of Hon’ble Mumbai CESTAT in case of M/s Mahanagar Gas Limited vs. CCEx [2014-
Prepare Cash flow statement in 5 steps
We all have been studying CFS since Class XII, know the theoretical part but when it comes to making Cash flow statements practically, we find ourselves in a jeopardy. I have been into such situations when the CFS wont tally, however hard I ma
Dealing negative cash situation in your Financial Model in the simplest way !
NEGATIVE CASH SITUTATION IN YOUR FINANCIAL MODEL?? DEAL WITH IT IN THESIMPLEST WAY! When preparing Financial Projections, one of the most important things is projecting the Cash Flow statement. At the end of Cash Flow projections, you may have a posi
A Journey Into stock Market - Part 3
Greetings of the day to all the members of CCI Family. I didnt expect that I will get such a good response within a day. I have answered all the emails for the previous part. The link to the previous 2 parts are given as under - &ldq
What to do after Exams?
Greetings of the day to all the members of CCI Family. Now as the exams have been finished, question is what to do next? We can see two categories of students Both Groups Given Single Group Through this post I would like to share so
Smart ways to manage your business
Delight one small word that can do wonders with your business and its growth. One of the most important that your customer wants is the delight-ment. Giving importance to your customer, surprising him with your products and the services in su
Ignoring judicial discipline and recording conclusions diametrically contrary to judgment of the Tribunal
Dear Professional Colleague,Ignoring judicial discipline and recording conclusions diametrically contrary to judgment of the Tribunal is either illustrative of gross incompetence or clear irresponsible conduct - Revenue to pay litigation costsWe are
Procedure for acceptance of deposits from members
Dear All,Sec. 73 to 76 of the Companies Act, 2013 (CA13) & related rules govern provisions regarding acceptance of deposits by companies. I have prepared a note on procedure for acceptance of depo
A Journey Into stock Market - Part 2
Greetings of the day to all the members of CCI Family.After writing exams in Nov14, I thought to complete my series which I had started an year ago. I know I am pretty late but because of office commitments, exam preparations I could
Assessee is eligible for remission of duty in respect of goods cleared for export
Dear Professional Colleague, Assessee is eligible for remission of duty in respect of goods cleared for export under bond but which were destroyed at port before same could be exportedWe are sharing with you an important judgement of the Hon
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