CAclubindia Articles

Service Tax on Director's Services in Private Companies

Priyanka 16 April 2013 at 12:52

A Private Company has one Executive Director i.e. Whole Time Director and two Non-Executive Directors. The Whole Time Director holds 90% of the paid-up share capital in the company while the other 10% is held by five shareholders. A monthly fix

Print money, get economy back on track!

MudraMantri 16 April 2013 at 12:52

Oh Gosh!! I just don't know why these Accounts Graduates do so much of show off. And in the name of heaven why they keep reading this picture less, pink paper. What is their apart from some economic jargon that describes how poor this economy

New Forms for filing appeal under Customs/Excise/ST:1-6-2013

Bimal Jain 16 April 2013 at 12:51

New Forms for filing appeal under the Customs, Excise and Service tax laws w.e.f 1-6-2013 Please note that the Central Government has amended the Customs (Appeals) Rules, 1982 [the Customs (Appeals) Rules] vide Notification No. 37/2013

Practical aspects of Financial Closure for a Project (Part-2)

CMA Ramesh Krishnan 16 April 2013 at 12:51

Practical aspects of financial closure for a Project (Part-2) Debt finance: Means of project finance contains the combination of Equity Debt for the project proposal which may requires procuring the project capex items for make the

Loss on Reduction of share capital is allowable

Saurabh Maheshwari 12 April 2013 at 12:00

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI SPECIAL BENCH B MUMBAI Date of Hearing: 16-08-2011 Date of Pronouncement: 30-09-2011 Bennett Coleman & Co. Ltd., Times of India Bldg., Dr. D. N. Road,

Individual value of Companies with cross holdings

Srikanthan 11 April 2013 at 12:05

Arriving at the individual values of listed Companies with cross holdings Instances of crossholdings, that is Company A holding shares in Company B and Company B holding shares in Company A are few and have by and large been reduced. There are how

Infrastructure Financing

Dr. Anand Wadadekar 11 April 2013 at 12:05

At INFRASTRUCTURE FINANCING NEED OF MORE EFFECTIVE WAYS ABSTRACT Infrastructure sector in India has not been able to perform to its full capacity, majorly due to the Government red tapes, lack of funds and very long gestation perio

Buy Back of Shares: Bye Bye Mauritius

CA. Bikash Bogi 11 April 2013 at 12:05

Mauritius is always a favourite among tourists across the world. However, Mauritius is also famous among worldwide investors for their tax friendly environment. As per an estimate 40% of portfolio inflows in India are coming from Mauritius. Like M

Service Tax Refunds - Exporters - Status Check

Madhukar N Hiregange 11 April 2013 at 12:04

Refund of Cenvat Credit Service Exporters Background The service exporters have been enabled to get the cenvat credit on capital goods, inputs and input services incurred in providing the servic