CAclubindia Articles

Review of Director Identification Number (DIN)

Bhaskaran Chackrapani Warrier 27 June 2013 at 12:01

A REVIEW OF DIN [DIRECTOR IDENTIFICATION NUMBER] CONSEQUENT TO MCA NOTIFICATION DATED MARCH 15,2013. The Companies (Amendment) Act, 2006 has introduced the concept of Director Identification Number by inserting sections 266A to 266G in the Compan

Cenvat credit cannot be denied on inputs used in a process not considered as manufacture

Bimal Jain 27 June 2013 at 12:01

We are sharing with you an important judgement of the Honble Customs, Excise and Service Tax Appellate Tribunal of Bangalore (the CESTAT) i

Learnings from Marwari Business Family

Siddharth Maheshwari 27 June 2013 at 12:01

Learnings from a Marwari business family - For Startups and Family Business Entrepreneurs After graduating from B-School and having learnt all the Porters Model and trick of trades for running business, I was all excited to j

Reverse Charge with Relevant POPS Rules

nitin 27 June 2013 at 12:01

1. INTRODUCTION OF REVERSE CHARGE MECHANISM Reverse charge mechanism is not a new concept in service tax. Under the reverse charge mechanism, instead of service provider, the service receiver is liable to pay service tax. But with effect from 1.7

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