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CAclubindia Articles


Buy Back of Shares: Bye Bye Mauritius

Posted by CA. Bikash Bogi 11 April 2013 16590 Views

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

Posted by Madhukar N Hiregange 11 April 2013 30409 Views

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

Posted by S Venkatesan FCA, CS, Grad.CWA 11 April 2013 27077 Views

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



When I stepped out of my Comfort Zone

Posted by CA girl 10 April 2013 17320 Views

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

Posted by CA. Nirmal Ghorawat 10 April 2013 5693 Views

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

Posted by Srikanthan 10 April 2013 11467 Views

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

Posted by Vishal 10 April 2013 13402 Views

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)

Posted by Pushpanjali Raina 10 April 2013 145914 Views

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

Posted by Madhukar N Hiregange 09 April 2013 144920 Views

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

Posted by CA.Manindar Kakarla 09 April 2013 156445 Views

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




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