CAclubindia Articles

Constitutional validity of section 39-A of Punjab VAT Act, 2005

Posted by Amit Bajaj 20 May 2014 6877 Views

As per section 39A of Punjab VAT Act, 2005, the Punjab VAT Refund Fund has been constituted and the amount of tax collected as Advance Tax under Section 6(7) shall be credited directly into the said Fund. It has been provided that the Fund shall be m

Karniti Part-37: Importance of Making a "Will" & its Tax effect

Posted by CA Umesh Sharma 20 May 2014 7818 Views

Arjuna (Fictional Character): Krishna, What is Will?Krishna (Fictional Character): Arjuna, Today separated families are increasing. In this era all are running behind money. Therefore wherever there is wealth, problem arises. The life o

Traverse from Indian CA to Australian CPA

Posted by CA Neha Bhuwania 20 May 2014 35866 Views

Having looked at that pink screen which says you have passed in your CA Final is a big day with life time remembrance for any Chartered Accountant. However, the next question is “What next”? Trust me, the real life starts post that D day.

Marry Your Way To Tax Planning

Posted by CA. Ankit Chandrakar 19 May 2014 15219 Views

WHAT IS AN HUF? The term Hindu Undivided Family is not defined in the Income Tax Act. It is defined under the Hindu Law as a family that consists of all persons lineally descended from a common ancestor,

Company Act - Auditor - Part I

Posted by CA Chirag 19 May 2014 18023 Views

An attempt has been made to summaries important provision by making points of newly enacted Companies Act, 2013 which has get accent of President on 29th August, 2013. Provisions related to Audits are covered under CHAPTER X of new Companies Act, 201

The Steps invloved in changing the registered office from one state to another state

Posted by NIKHIL PILANIA 19 May 2014 19175 Views

Now shifting of registered office from one State to another State under the Companies Act, 1956, requires a petition to be filed with Regional Director, Ministry of

SC explains distinction b/w Sales and Works contract

Posted by Bimal Jain 19 May 2014 9612 Views

Dear Professional Colleague,SC explains distinction between Contract for sale of goods and Works contract We are sharing with you an important judgement of the Honble Supreme Court of India, in the case of Kone Elev

Sec 87A-A small Rebate to Resident Individuals

Posted by CA Prashant Gupta 16 May 2014 42344 Views

Sec 87A- A small Rebate of income-tax to Resident Individuals.In Budget 2013 Finance Minister Mr. P. Chidambaram choose a middle way to give benefit to small tax payers and save a big amount of tax for tax revenue by neglected bigger slab tax payers

Taxation on transaction of supply of food - A Sale or a Service?

Posted by CA.TARUN K AGARWALLA 16 May 2014 24719 Views

Food is a basic need for a living being and any levy of additional cost on the same is always a matter of dispute. Taxation levied or collected directly or indirectly on the food even though collected by state is always a matter of discussion. Food a

Corporate Facts

Posted by Member (Account Deleted) 15 May 2014 13253 Views

While working in a corporate culture, you may face very idiotic situations where you will find yourself so depressed and it will give you a sign of job dissatisfaction. One who wants to sustain in industry for longer time then it is utm