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Service Tax on Educational Institutions

Posted by Guest 18 November 2013 48923 Views

Article 21A of The Constitution inserted by The Constitution (Eighty Sixth Amendment) Act, 2002 is notified with effect from April 1, 2010. This Article deals with “Right to Education” and states as under: “The State shall provid



Mutual Funds - What, Why and How?

Posted by CA Chiranjiv Kumar 16 November 2013 37354 Views

What are Mutual Funds? Mutual funds are nothing but units of investment, like in shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An



Importance of CA Articleship!

Posted by Amrit Dalmia 14 November 2013 64534 Views

Someone has rightly said, "One can't learn swimming until one jumps into the water." Such is the importance of Articleship. Its just like another waterbody. Unless a IPCC qualified student throws her/himself into this waterbody, how s/he can dream of



Online filing of the second quarter return FORM DVAT 16

Posted by Devinder Jain 14 November 2013 55181 Views

Section 27 requires every dealer to furnish the return in the appropriate Form prescribed under the rules, containing the information and particulars required in



Mutual Funds - Basics you need to know

Posted by CA Chiranjiv Kumar 14 November 2013 39880 Views

What are Mutual Funds? Mutual funds are nothing but units of investment, like of shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An



"Service" & "Consideration" - Random Thoughts

Posted by Madhukar N Hiregange 13 November 2013 22521 Views

Understanding of "Economic Activity" and "Consideration" in Service Tax- Random ThoughtsThe concept of negative list regime is that there should be an economic activity [as differentiated from personal activity] whether carried out free of charge or



House Rent Allowance - A tool of Tax planning for employees

Posted by CA Chandra Kishore Bajpai 13 November 2013 115166 Views

House Rent Allowance (HRA) is second component which is found in each pay slip after basic salary. This is the major contributor in tax relief for the employee who reside in rented house during his/her employment.Generally employee submits Rent recei



Interest if dept unjustly hold rightfully earn Cenvat Credit

Posted by Bimal Jain 13 November 2013 14622 Views

Dear Professional Colleague, Assessee entitled to interest if the Department unjustly holds rightfully earned Cenvat credit We are sharing with you an important judgement of the Honble Gujarat High Court in the case of Hindustan Coca-Cola Bev



An insight into Corporate Social Responsibility (CSR)

Posted by CA Abhishek Malpani 12 November 2013 25833 Views

Corporate Social Responsibility CSR as they are popularly known is after all the human face of business. Conceptually it recognises the solemn duty the business owes to the society. In a way it stands for



Danger But Best Period

Posted by CA Chirag 12 November 2013 31773 Views

After having writing articles on How to write in CA Exams and Last Days before CA Exams, I decided to write an article on Danger But Best Period. You might get surprised with the words Danger But Best




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