CAclubindia Articles

MSME Benefit for Manufacturing & Service Unit

CA Vinay parmar 27 June 2013 at 12:01

Hello Freinds, today i would like to share with you the various benefits which are available to Manufacturing Unit & Service Unit from the State government & Central Government. But unfortunately most of us are not aware of this subsidiaries

Restoration of Charm of Settlement Commission

Pradeep Jain 26 June 2013 at 12:45

RESTORATION OF CHARM OF SETTLEMENT COMMISSION Introduction The budget for the financial year 2013-14 took a hard hand by drastically amending the penal provisions relating to the offences under the Central Excise and Service Tax law. Though thes

A small mistake that could ruin your investments completely

Ramalingam K 25 June 2013 at 12:10

Do you remember what you did before buying your first bike? Made a research on various brands, looked at the trend of each brand & the product on how they worked and chose the best one you liked, right? Even though, your bike helps you to trav

S.10(23c)(iii)(ad) - Limit of 1 crore exemption available

Rupesh Srivastava 25 June 2013 at 12:09

Recently Hon`ble high court held that u/s 10(23c)(iii)(ad) - Limit of 1 crore exemption available to the assessee as annual receipts of each of the institutions. Assessee is running as many as 23 educational institutions upto assessment years 1

How to score well in CPT?

Guest 25 June 2013 at 12:09

Hey friends, Today I am going to tell you people how to pass or get a rank in CPT? The reason I am telling you people pass/get a rank is you have to pass in order to get a rank, and you have to follow my steps or take good things from my procedure

All about Renting of immovable property

nitin 24 June 2013 at 12:35

1. INTRODUCTION Renting of Immovable property has been taxed under the earlier tax regime vide Section 65 (105) (zzzz). Renting of immovable property has been brought into tax net vide Notification No. 23/2007-ST dated 01.06.2007.But After 1.7.20

Basic aspects for preparation of Projected Financials

CMA Ramesh Krishnan 24 June 2013 at 12:33

Basic aspects for preparation of Projected Financials Introduction: How to prepare the projected financials to submit for bank funding is the basic work should learn by the person handling finance. It is a basic step before approaching bank funding

Comparison Of Old Audit Report Format With SA 700(Revised)

CA Vinay parmar 22 June 2013 at 12:11

Hello, Everyone, as we all know Audit period has started and we all are busy in Auditing and Finalization work and this time we all have to prepare Audit Report in a Revised Format. While going through the Revised format and the Old Format, I have

Casual Director

CS Ankur Srivastava 22 June 2013 at 12:11

Brief write-up on Section 262 Appointment of DIRECTOR to fill the casual vacancy In case of Public Company or a Private Company which is a subsidiary of a Public Company, the Board of Directors are empowered by to fill the casual vacancy in the off

Why should we file Income Tax return on Time?

CA Kapil Verma 22 June 2013 at 12:11

As per income tax act 1956, if the income of any person exceed the basic exemption limited limit of income tax act. Then he or she is required to file his/her income tax return accourding to the time limit specified in the section 139(1). Last dates