CAclubindia Articles

SC on Battery charger as an accessory - An analysis

Posted by Anandaday Misshra, Advocate 02 January 2015 5126 Views

Recently Honourable Supreme Court had dealt with VAT Appeal Nos 54 &55 (O&M) of 2010 passed by the High Court of Punjab and Hariyana . While disposing Civil Appeal Nos 11486-11487 of 2014 of State of Punjab & Ors Versus Nokia India Pvt. L

Read Balance Sheet in 3 Simple Steps: Illustrated with Actual Example

Posted by Ashutosh 02 January 2015 22183 Views

Happy New Year in advance :) ! I was humbled by the response to my past article, READ BALANCE SHEET IN 3 SIMPLE STEPS!I had highlighted how you can just follow these 3 steps and analys

Service Tax on Voluntary Organizations (NGO)

Posted by Guest 02 January 2015 39955 Views

After introduction of Negative List based taxation under service tax from 1.7.2012, the applicability of service tax to voluntary / non-profit organizations (NGOs) has become a contentious issue. This is because of introduction of all encompassing de

Tax audit puzzles

Posted by Guest 02 January 2015 13749 Views

RECENT CAG REPORT The Comptroller and Auditor General Report no.32 of 2014 has taken the list of Chartered Accountants who have signed tax Audit cases under Income tax Act of more than 400during FY 2012-13 and there are 22people in the list. ARBITRAR

Threshold exemption to small service providers under service tax as updated 26th Dec'14

Posted by CA. K S Chauhan 02 January 2015 45514 Views

1. Summary of previous notifications related to threshold exemption along with limit, date of applicability and relevant Notification numbers: Period Exemption limit (Rs.) Relevant Notification of Service Tax Effectiv

Rebate on Export of Goods (Notification 41/2014)

Posted by CA Sunnay Jariwala 02 January 2015 21350 Views

Notification No. 41/2012-Service Tax29th June, 2012 This notification shall come into effect on the 1st day of July, 2012. It deals with the export of goods. The Central Government grants rebate of service tax paid (hereinafter referred to as rebate)

Conversion of company to LLP

Posted by DEEPIKA 30 December 2014 28173 Views

All movable and immovable properties of the company automatically vest in the LLP. No instrument of transfer is required to be executed and hence no stamp duty is required to be paid. Only intimation to be given to respective authorities for change o

Benefits to be considered for differently abled in upcoming Budget 2015

Posted by CA Chirag Chauhan 30 December 2014 18665 Views

To,Honable Finance Minister- Mr. Arun Jaitley Dear Sir,Subject:-Benefits to be considered for differently abled in upcoming Budget 2015 As per estimates more than eighty million people in India suffer from some or the other form of disabilitie

Management of NPA

Posted by T.R.Radhakrishnan 30 December 2014 20136 Views

IMPORTANCE OF HUMAN RESOURCES. Management of non-performing asset (NPA) is one of the foremost challenges of the banks and financial institutions. Most of the time while finding solutions to this issue, the more important aspect of human resources is

Questions to ask while designing Employee Incentive Schemes

Posted by Tulasi S Sastri 30 December 2014 16454 Views

Performance Incentive Schemes have all along been considered an important tool in the hands of the management, to differentiate between high performers and others, and to suitably reward the former. Where the overall output is dependent on employee g