CAclubindia Articles

Composition Scheme for on-going works contract prior and post 1st July, 2012

Bimal Jain 03 December 2012 at 11:26

We are sharing with you FAQ on Works Contract Composition scheme w.e.f 1st July, 2012 and analysis of an important recent judgment of the Honble Supreme Court in

Success is not far away

CMA Ramesh Krishnan 03 December 2012 at 11:25

Introduction: Hardly a week ahead to CMA December 2012 exams, students are very busy with their revision schedule and final preparation to face the exams. Before facing the exams, I would like to suggest some tips to follow this days and exams days

Payment to Non Residents - Issues, Compliances and other related Matters

CA bhargava 01 December 2012 at 12:10

In the growing era of Globalisation and the political situation where the government has opened up the gates for the Foreign Players to I

Service Tax on Commission from MNC

Ankit Gupta 01 December 2012 at 12:10

Gupta and team (argtaxconsultants@gmail.com) Facts: M/s. XYZ India Pvt. Ltd (100% subsidiary of a MNC) receives commission Income from the MNC(Parent Company) on account of booking orders

Service Tax on Real Estate: A Practical Perspective (Part A & Part B)

CA Ankit Gulgulia (Jain) 30 November 2012 at 12:28

Service Tax on Real Estate A Practical Perspective (Part A & Part B) This article aims to discuss few essential issues that require to be addressed in light to the changes brought by negative list provisions, the jeopardy created b

Reverse mortgage

Venkat Rao Marella 30 November 2012 at 12:28

What is Reverse mortgage and how does it operate ? It is a type of mortgage in which an owner of a residential property in Indian can borrow money against the value of his or her home. A reverse mortgage provides stream of income flows which normall

Service Tax on Parking Charges

Ankit Gupta 30 November 2012 at 12:26

Prior to 01.07.2012 Prior to Negative List concept, Renting of immovable property excluded land used for parking purpose. The

Innovative Benchmark Indexes

Indraneel Sen Gupta 29 November 2012 at 17:04

Innovation is not a business. It is now a need and a part of everydays life. The terms "benchmarks" and "indexes" are often used interchangeably, but they are actually unique terms that describe different things. All ind

Proceduration for Formation and Registration of Producer Company

Ajay Mishra 29 November 2012 at 17:04

INTRODUCTION The Government of India through an amendment in the Companies Act, 1956 by the Companies (Amendment) Act, 2002 incorporating a new part IXA dealing with Producer Comp

Revenue should furnish AIR information received to Assessee

Rupesh Srivastava 29 November 2012 at 17:03

Recently on 24th Aug 2012, ITAT held that Revenue should furnish AIR information received to Assessee - Principles of natural justice Assessee invested in mutual funds along with his wife. The assessing authority, after receiving information from A