CAclubindia Articles

Section 44 AD of Income Tax Act

sanjay singhal 08 July 2013 at 11:57

Special provision for computing profits and gains of business on presumptive basis For Assessment Year 2013-14. Section 44AD (1) of the Income tax act 1961 read as under (1) Notwithstanding anything to the contrary contained in sectio

How to Save tax on Salary and increase the home take salary?

CA Vinay parmar 08 July 2013 at 11:57

Hello everyone we all face the common situation as to how to plan for the salary every year and how to reduce tax on it and increase our home take salary. Well the people from the Acco

Comprehensive Procedure for E-Filing of Tax Audit Report

CA Sudhir Halakhandi 08 July 2013 at 11:56

Registration of CA Go to incometaxindiaefiling.gov.in and click on REGISTER YOURSELF and select the option Tax professional Chartered Accountant. The Registration Form will require your Membership Number, enrolmen

Accounting Standards - A summarized application

Shivam Gupta 06 July 2013 at 12:25

Framework of Accounting Standard: At the outset, with the changing scenario, there has arisen a great complexity in understanding the applicability of accounting standards apart from understanding the text of accounting standards. Thus, it has b

Deposits under Companies Bill 2012

cs A Rengarajan 06 July 2013 at 12:25

ACCPETANCE OF DEPOSITS BY COMPANIES - COMPANIES BILL 2012 Introduction: One of the major areas in which Companies Bill 2012 changes made are on Deposits. Before going into the provisions in the Bill, let us look into the

Analysis on Compounding of offence with case study

sivadas chettoor 06 July 2013 at 12:25

INTRODUCTION: This article deals with the critical analysis of the recent decision of the Hon High court of kerala in Tomy Eapen v state of kerala reported in (2013) 21 KTR 215 (Ker). I

The Levy of Service Tax on Restaurants & Hotels Unconstitutional - High Court, Kerala

RENGARAJ R.K 05 July 2013 at 12:35

Introduction: The Kerala High Court on 03.07.2013 declared as "unconstitutional" the imposition

Summary on Transfer Pricing

CA Vinay parmar 05 July 2013 at 12:34

Summary on Transfer Pricing 1) Introduction :- Transfer pricing was introduced basically to curb the tax evasion practices followed by many Multinational Groups having presence in India. These Multinational Groups normally transfer their taxable pr

Issues in Real Estate under Service Tax and VAT

Swati rathi 05 July 2013 at 12:34

In growing economies like India, infrastructure and real estate industry plays a major role in the development of a nation. It acts as a foundation based upon which growth of the nation depends. Economies can sustain

Exemption from Service Tax to SEZ's

CA Prateek Marlecha 05 July 2013 at 12:34

CBEC on July 01, 2013 issued notification no. 12/2013 granting exemption from service tax to units located in SEZ or developers of SEZ for the services used in their authorized