CAclubindia Articles

Tax Residency Certificate

Deepak Agrawal 01 June 2013 at 16:30

Significance of Tax Residency Certificate (TRC) for claiming benefit provided under DTAA: Section 90 of the Income Tax Act empowers the Central Government to enter into an agreement with the Government of any foreign country or specified territory

Some Tips about exam preparation

CA Prashant Gupta 01 June 2013 at 16:30

When you sit down to study, first Question is raised in your mind how can you transfer that massive amount of information from the books and notes to your mind so that whenever you need you can recall all? It is not like file transfer on computer; y

RULE 3 (5B) of the CCR - Write-off or 'Provision to write-off' versus Cenvat Reversals, Analysis

Manoj Pala 31 May 2013 at 11:53

RULE 3 (5B) of the CCR - Write-off or provision to write-off versus CENVAT Reversals, Analysis We refer to Sub-rule (5B) of Rule 3 of the CCR states that if the value of any: (i) input, or (ii) capital goods before being put

Civil Services - My Cup of Tea - Part-1

Gaurav Arya 30 May 2013 at 11:38

When the result of Civil Services 2012 was declared it brought a huge smile on the face of the whole CA community reason being a Chartered Accountant coming up with flying colours in that examination. The 3rd rank holder of CA Examination 20

No Forfeiture Proceedings under CST Act, 1956

Vasanth Kumar J K 30 May 2013 at 11:37

STATEOF A.P Vs HINDUSTAN CABLES LTD [2013] 57 VST 284 (AP) Fats of the case: Assessee M/s. Hindustan Cables Limited, Cherlapally, was assessed to tax under Central Sales Tax Act, 1956. The Assessing A

Know More about NBFCs (FAQs)

Kumar A. Ranjan 30 May 2013 at 11:37

FOREWORD The Reserve Bank of India is entrusted with the responsibility of regulating and supervising the Non-Banking Financial Companies by virtue of powers vested in Chapter III B of the Reserve Bank of India Act, 1934. The regulatory and supervis

Impact of Service Tax on Different Audits

Madhukar N Hiregange 29 May 2013 at 12:38

This article provides some inputs on what care a CA should take or at least shouldbe aware when conducting the tax audit, internal audit or statutary audit. We have included some

Campus Interview Question

Nitin Agrawal 29 May 2013 at 12:38

As a CA fresher we know much on Accounting, Auditing, Taxation & Finance concepts but when it comes to practical exposure, we may not have idea of procedural aspects which take place in corporate. Freshers who have done their internship f

E-Filing is mandatory Income is more than 5 lacs

CA Prasenjit 29 May 2013 at 12:38

The Central Board of Direct Taxes (CBDT) is Spreading e-tax net through Notification dated 34/2013 dated 01.05.2013. E-filing of I-T returns is now mandatory for individuals, including salaried taxpayers, earning more than Rs 5 lakh taxable income d

Electricity charge from tenant not chargeable to Service Tax

Bimal Jain 29 May 2013 at 12:37

Electricity charge recovered from tenant not includible in renting of immovable property We are sharing with you an important judgement of the Ld. Commissioner of Central Excise (Appeals), Chennai in the case of In Ticel Bio Park Ltd. (2013) 33 tax