Like how it is that 3 years of college in anyones life it is the same 3 years of articleship with CA students life. It is such a wonderful opportunity for the students to undergo something phenomenal in their career. Now we are going
Right to use of Trade Mark Goods or Services Whether VAT or Service Tax applicable We are sharing with you analysis of an important recent judgment of the Honble Kerala High Court in the case of Malabar Gold Pvt Ltd (here
The Bill has 470 clauses as against 658 Sections in the existing Companies Act, 1956. The entire bill has been divided into 29 chapters. Many new chapters have been int
[1] Cooperative societies is a state subject under Entry 32 of the State List of the Seventh Schedule of the Constitution. All states have accordingly enacted their own Cooperative Societies Acts for incorporation, regulation and winding up of c
Service tax on Supply of food at Restaurants It is said that some things which seem to be very authentic may not be always correct. This is same which is happening with issue of Service tax on supply of food in restaurants. Internet is equal f
What is depreciation? Depreciation as per law of lexicon is defined as positive decline in the real value of a tangible asset because of consumption, wear and tear or obsolescence. The concept of depreciation is widely used for the purpose of writin
Rule 27 of Central Excise Rules 2002, is generously used for penalizing technical lapses. Many subscribe to the view that when penalty is imposed under Rule 27 for say, delayed filing of Returns, the penalty is payable. With due respect to all those
DEEMED DIVIDEND Deemed dividend under section 2(22) from an Indian company or any dividend from a foreign company is taxable in the hands of shareholders under the head Income from other sources, regardless of the fact whether shar
Some of the case laws on Income Tax decided in the month of Nov2012: 1. Where assessee continued his employment with the firm, and was also given commission under Non-Compete Agreement ('NCA') for doing what he was normally ex
A question to be questioned: When a person should become health conscious? After becoming sick or before becoming sick or always There are some questions like this, though at the sub-conscious level we know the answer, our conscious mind s
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards