CAclubindia Articles

Joint Development Agreement - A Business Model - Part 2

Posted by Bhanu Prakash Rao 16 December 2014 35798 Views

In my earlier article Joint Development Agreement - A Business Model I had made an attempt to discuss the joint development agreement model and a broad view of tax implication under the Income T

Service Tax v/s VAT on Renting/Hiring of Motor Cabs

Posted by Ravi Kumar Somani 16 December 2014 19762 Views

IntroductionRenting/Hiring of Motor vehicles has mostly been an unorganized sector with mainly individual business houses dominating the sector by operating with limited vehicles (mostly owned

The Slumdog Millionaire - CSR adding value to society or the NGO

Posted by Sundharesan Jayamoorthi 16 December 2014 4913 Views

Effective April 1, 2014, there is a provision in the legislation that mandates a CSR spend. This has created a sudden hype and all my friends who have small NGOs and are presently doing a good job over the last few years are in a fix. These existing

Abolish Departmental Appeals & SDMs

Posted by CA Anil Garg 16 December 2014 3962 Views

Almost all tax statutes provide for first appeal against any tax demand or assessment order, to an officer of the same department, assigned the role of an appellate authority who is supposed to be a quasi-judicial authority, in the sense that despite

TDS Rate on making Foreign Payment

Posted by CA. Amit Daga 25 June 2016 17093 Views

How to determine applicable TDS Rate on making Foreign Payment : TDS on foreign payments depends on two conditions. First, whether deductee provides a valid TRC or not? Second, whether deductee holds a valid PAN in India or not? Below is the matrix

What is true MIS?

Posted by Tulasi S Sastri 16 December 2014 17275 Views

MIS is understood as Management Information Systems by many. However, it is also misunderstood by many, when it comes to what its true meaning is. I have come to think on these lines after seeing varied types of reports in different organizations, be

Nobel Prize and other Indian Awards are Tax Free?

Posted by CA Umesh Sharma 15 December 2014 17561 Views

Karniti Part 67Nobel Prize and other Indian Awards are Tax Free?Arjuna (Fictional Character): Krishna, recently Indian resident Mr. Kailash Satyarthi received Nobel Peace Prize with Malala Yusufzai. This consists of a medal and approximately 6 crores

NFRA-Section 132 of Companies act 2013

Posted by CA ANKUSH AGGARWAL 15 December 2014 35787 Views

INTRODUCTION: The concept of having a body such as National Financial Reporting Authority is not new as such. The Institute of Chartered Accountants of India already has many of these powers. As per section 211(3C) of Companies act 1956, every balan

5 Must- Do Things before you hit the send button on that resume (CV) Email!

Posted by Ashutosh 15 December 2014 35308 Views

On this topic, you will find a lot of articles and mentoring services too. However, after having been in the industry for over a decade and watching it closely through the eyes of multiple stakeholders (i.e. Students, Senior Business Management, HR P

Online facility for response to outstanding IT demand

Posted by CA Chirag Chauhan 13 December 2014 21440 Views

Many a times there are Mis match between TDS shown in Form 16 / Form16A and actually deposited by Employer / Other party. However at the time of filing Income Tax Return the assessee claims full TDS as per TDS certificate received. Due to this at the