CAclubindia Articles

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

Tips for Exam Preparation

S Venkatesan FCA, CS, Grad.CWA 11 April 2013 at 12:04

TIPS FOR STUDENTS TAKING EXAM: DOs and DONTs: BEFORE EXAM:

When I stepped out of my Comfort Zone

CA girl 10 April 2013 at 12:14

We all have a set of friends, family members, acquaintances, familiar places, known institutions, etc around which we have lived our lives till this moment. But are you sure that is good for your personal

A Critique on Equating Growth in Market Indices To Returns

CA. Nirmal Ghorawat 10 April 2013 at 12:14

Why equating the Compounded Annual Growth Rate [CAGR] of market indices, BSE Sensex or NSE CNX Nifty, with returns to an equity investor is a material misstatement, particularly if it is a long period of time? I have often come across perceivably

Market Capitalisation Vs Enterprise value

Srikanthan 10 April 2013 at 12:14

Market Capitalisation Vs Enterprise value Typically when people discuss about stocks and shares, few key parameters discussed are Price earnings and Market Capitalisation. Market capitalization in simple terms is the cost of buying all the share

No Service Tax Leviable on the issuance of Draft Invoices

Vishal 10 April 2013 at 12:13

With the Introduction of Point of Taxation Rules (herein referred as POT Rules), 2011, the government has primarily shifted the policy of collection of service tax on the realization of value of taxable services to the point when the service is de

VAT & Service Tax (Civil Works Contract)

Pushpanjali Raina 10 April 2013 at 12:13

DVATRule 3 of DVAT rules deals with Works Contract .Section 2 of DVAT Act explains that a "works contract" includes any agreement for carrying out for cash or for deferred payment or for valuable consideration, the building construction, manufacture,

New Service Tax Returns

Madhukar N Hiregange 09 April 2013 at 11:53

New Service Tax Return- Few Suggestions By CA Madhukar N Hiregange & CA Roopa Nayak A few years back we heard that the combined excise and service tax return would be 1 page. This was not to be as reform implementation have failed in the last

FAQ Guide for Filling ST3 Returns

CA.Manindar Kakarla 09 April 2013 at 11:42

A Guide to e-filling of ST3 Returns By. CA. Kakarla Manindar Introduction: There are two types of e-filing of ST3 returns. One is filling of information in the downloaded excel utility then converting excel utility file into xml format and uploa