CAclubindia Articles

Tax treatment of Agricultural Income

Posted by CA Manish 24 October 2013 190806 Views

Agricultural Income Tax treatment / Taxability Agricultural Income : Agriculture income is exempt under the Indian Income Tax Act. This means that income earned from agricultural operations is not taxed. The reason for exemption of agricultu

Taxation Entries for Vat,Excise,Service tax and TDS

Posted by CA Parul Saxena 24 October 2013 87436 Views

Sometimes people have good idea about the taxation they know very well the provisions of tax and effectively compute the tax liability monthly/quarterly/half-yearly or yearly basis as the case ma

New Return Forms under Delhi Value Added Tax Act, 2005

Posted by Devinder Jain 23 October 2013 30129 Views

REVISED RETURN FORM DVAT 16 The perusal of Revised DVAT 16 shows that now the dealer in row R3 is required to furnish the Tax contribution of the 5 top items dealt with in order of volume of sales for the tax period or till the aggre

Related Party Transaction- Companies Act, 2013

Posted by CS Ankur Srivastava 22 October 2013 191836 Views

RELATED PARTY TRANSACTIONS UNDER NEW COMPANY LAW New Companies Act, 2013 emphasis on the Related Party Transactions and the manner of approval & disclosure thereof. Under section 188, consent of Board of Directors of company or in certain ca

Issues with sudden notification of 98 sections of the Act

Posted by Aalok Chhaperwal 22 October 2013 17587 Views

The Ministry of Corporate Affairs notified 98 sections of the Companies Act, 2013 on 12th September. Although notification of 98 sections of New Act is welcome but MCA has notified these sections when only a part of the draft rules made live for pub

How to reset Income Tax Efiling Password Quickly

Posted by @VaibhavJ 22 October 2013 200293 Views

Since we are not required to access E-Filing website as human we tend to forget its Login Information & Password. So let see how you can retrieve login details step by step. First you need to

Karniti Part 7: Agricultural Income & some misbeliefs under I.T

Posted by CA Umesh Sharma 22 October 2013 18824 Views

Agricultural Income and some beliefs / misbeliefs under Income Tax Keeping the conversation between Lord Krishna and Arjuna in Bhagwat Gita as foundation, we will learn certain basic financial and tax matter. Let us try to get answer

PPF Account

Posted by Ketan 21 October 2013 32831 Views

What is a PPF account? Public Provident Fund (PPF) is the scheme floated under the PPF Act 1968 by central government. PPF is one of the safest investment product backed by Government of India and also gives tax benefit under section 80(c) of the In

Consumer Protection in Financial services - Some aspects

Posted by Srikanthan 21 October 2013 9386 Views

Consumer Protection in Financial services Some aspects Recent move by the Reserve Bank of India, putting a stop to the so called Zero Interest schemes by Banks was a very welcome move. Just as one was feeling happy reading this, clear