CAclubindia Articles

The Union Budget-2014 - Expectations from the Salaried Case

Posted by CMA Ramesh Krishnan 30 June 2014 8800 Views

Introduction: Union Budget for the year 2014-15 going to be presented by the Finance Minister during forth coming budget session in the Parliament. Increase the economic growth &

The Best thing that happened to me

Posted by Arjun Hemmady 30 June 2014 7201 Views

As I sit on this hot and humid June evening, Im reminiscing about the experiences of the last couple of years, which have been tough and definitely far from ideal. But without those experiences, I would never

Solution to restricted use of email ID for 4 times only on IT E-filing Website

Posted by CA Tejas Andharia 27 June 2014 37967 Views

Recently, on www.incometaxindiaefiling.gov.in , assessee is compulsorily required to get its email ID and password registered. Further, maximum permissible usage of each of them is 4 times only. We know that most of the assessees in India do not ha

Impact of Credit Notes on Tax Credit of Purchaser

Posted by Rakesh Garg 27 June 2014 25403 Views

Receipt of Credit Notes from the Seller Impact on Tax Credit of the Purchaser under the Delhi VAT Act[by Rakesh Garg, Author & Consultant]A. IntroductionDelhi, being the trading centre, issuance of credit notes in respect of discou

Excise duty cut for Auto, CG, etc., extended upto Dec, 2014

Posted by Bimal Jain 27 June 2014 10673 Views

Excise duty cut for Auto, Capital goods, Consumer durables extended till Dec 31, 2014In the Interim Union Budget 2014 on 17th February, 2014, the Government had reduced the Excise duty on: Small cars, motorcycles, scooters, three wheelers and c

FDI and its Possible Consequences on Defence

Posted by NILA REJESH P 27 June 2014 26538 Views

Nowadays, India government has taken initiatives to raise FDI in defence sector to 100%. Only 26 % of FDI is allowed in defence so far. The Draft Cabinet Note prepared by Department of Industrial Policy and

Complicacies in VAT on Works Contract

Posted by PAWAN KUMAR KEDIA 27 June 2014 31669 Views

VAT on Works Contract in Rajasthan and Complicacies in tax computation. IntroductionWorks contract is a contract for carrying out some work for a lump sum consideration. The transfer of property in the goods involved in the execution of the works c

TDS - is not tedious

Posted by Vandana Saluja 26 June 2014 18624 Views

1. Background of deduction of tax at source 1.1 What is Tax Deducted at source i.e TDS? TDS is one of the modes of collection of taxes, by which a certain percentage of amounts are deducted by a person at the time of making/crediting certain specific

Immediate Compliance: Filing of return of deposits in DP

Posted by praveen 26 June 2014 18053 Views

Most of the private limited companies in India being closely held companies do not worry a lot about the compliances related to the companies act, but this could become really serious since the new companies act has lot of penal sections.This also me

Detailed Analysis of CSR under Co. Act, 2013

Posted by CS DHANAPAL 26 June 2014 16232 Views

CORPORATE SOCIAL RESPONSIBILITY INTRODUCTION Corporate Social Responsibility (CSR) has been in existence for a long time and is almost as old as civilization. It is based on the Gandhian Principle of trusteeship concept