CAclubindia Articles

How to Purchase house in USA- Legal Provisions & clauses?

Posted by Nidhi Agnihotri 07 November 2014 16693 Views

How to Purchase house in USA- Legal Provisions & clauses? ( For Indian Resident)Q1. Who is Indian Resident? RBI clauses applicability? Ans. The conditions for a person to be resident of India are as follows under section 2(v) of the FEMA Act:(v)

Good Morning GST

Posted by Gajendra Maheshwari 07 November 2014 29289 Views

After coming back from my weeklong travel for work, I resumed morning walk at our condominiums park in Gurgaon. Fully grown magnolia trees with white waxy flowers, flat trimmed bushes, green grass that had recently undergone horticulture maint

Crossroads: What after the CA degree?

Posted by Jaimin Mehta 06 November 2014 34437 Views

It was 8th August, 2014. The Judgment Day for every CA student giving his attempt in May2014. Tension, fear, excitement There was a gush of lot of emotions flowing through. The next 40 years of life were to be written on the ICAI&rsquo

CSR- Commitment towards social good

Posted by Nisha Sharma 06 November 2014 14215 Views

CSR- Commitment towards social goodCSR is the process by which an organization thinks about and evolves its relationships with stakeholders for the common good, and demonstrates its commitment in this regard by adoption of appropriate business proces

How to prevent instances of Fraud in Organizations? Some true stories

Posted by Tulasi S Sastri 05 November 2014 19848 Views

Under the new Companies Act 2013, in the Internal Financial Controls, to be instituted by the Board of Directors, one of the requirements is Preventing Frauds and Errors. In this context, I wish to share with you some true

F.O.R. Destination - Inclusion or exclusion of freight charge

Posted by Prabhat Kumar 05 November 2014 23872 Views

Excise duty is payable on the manufacturing or production of the goods. The amount of excise duty to be paid depends upon the assessable value of the goods. The duty is to be paid on the removal of the goods from the factory premises or any other pla

Govt. invites suggestions for Union Budget 2015

Posted by Bimal Jain 05 November 2014 11531 Views

In the context of formulating the proposals for the Union Budget of 2015-16, the Ministry of Finance vide MOF DOR TRU letter in F. No. 344/20/2014-TRU dated October 27, 2014 has invited suggesti

Do's and Don'ts in Mandatory Pre-Deposit during Appeals under Service Tax

Posted by Ravi Kumar Somani 04 November 2014 17668 Views

Litigation under service tax starts by issuance a Show Cause Notice under the provision of section 73 of th

What is the colour of my money - Black or White?

Posted by CA Umesh Sharma 03 November 2014 23414 Views

Karniti Part 61What is the colour of my moneyBlack or White?Arjuna (Fictional Character): Krishna, why is there such a lot of confusion over on the colour of money? Supreme Court, Government and citizens are all busy in the discussion of the

Update on Indirect Tax - Service Tax and Excise for the month of Nov 2014

Posted by TARUN KUMAR GUPTA 03 November 2014 28748 Views

A. Service Tax 1. Service Tax payment for the month of October, 2014 is due for payment on 6th November, 2014 for assesses excluding Individual, Proprietary Firm, Partnership Firm or LLP. It is now mandatory for all assesses w.e.f. October 1, 2014, t