CAclubindia Articles

Refund of unutilized Cenvat Credit - Partial Reverse Charge

Posted by Bimal Jain 07 March 2014 16827 Views

Dear Professional Colleague,Refund of unutilized Cenvat credit to Service Providers providing services under Partial Reverse Charge BackgroundPartial reverse charge mechanism has been introduced w.e.f. July 1, 2012 wherein both service provider and s

Six Easy Step To Reduce Your Tax Liabilities

Posted by CA Vap Patel 07 March 2014 32039 Views

As 31st March is coming closer, everyone is busy in tax planning. There are many illegal way to avoid tax but why to opt for that when you have many other legal way to reduce your tax liabilities.Here are the Six most easy way to counter attack with

SFIO under Sec.211 & 212 of the Companies Act,2013

Posted by CS M.Kurtrala Nathan 07 March 2014 55129 Views

Introduction:The Serious Fraud Investigation Office (SFIO) is a fraud investigating agency in India. It is under the jurisdiction of the Government of India. The SFIO is involved in major fraud probes and is the co-ordinating agency with the Income T

Succession Planning Tools Available

Posted by Guest 06 March 2014 10847 Views

One of the goals of succession planning is to protect the interest of an individual during his/her lifetime and after his/her death safeguard the interest of his/her loved ones. This can be achieved by different ways of estate planning by distributin

TDS on Reimbursement of Expenses to Non-Residents

Posted by MOHIT JAIN 06 March 2014 17607 Views

TDS on Reimbursement of Expenses to Non-Resident To elucidate the concept, considered the following cases from TDS deduction perspective u/s 195 of the Income Tax Act:- Rs. 10 lacs paid as Fees for Technical Services to Non-Resident (NR) and his exp

Recognition Of AS-26 - Intangible Assets, Its Accounting Treatment

Posted by ESHA AGRAWAL 06 March 2014 29516 Views

Being a commerce professional the term Intangible Asset is so common, generally we think intangible asset is that asset which we cannot touch, feel, see etc. so according to this meaning prepaid advances is intangible assets as we cannot feel, touch

Importers issuing Cenvatable invoices requires CE Reg.

Posted by Bimal Jain 06 March 2014 14945 Views

Dear Professional Colleague,Importers issuing Cenvatable invoices require registration under Central Excise & consequential amendments Background:Rule 9 of the Central Excise Rules, 2002 (the Excise Rules) provides the list of pers

Annual Return under Sec.92 of the Companies Act,2013

Posted by CS M.Kurtrala Nathan 06 March 2014 87938 Views

Section 159,160,161,162 & Schedule V deals with the Annual Return & related provisions under Companies Act,1956. But in Companies Act, 2013 all these sections are combined together in one Section namely 92. Every company shall prepar

Schedules under Companies Act,2013

Posted by CS M.Kurtrala Nathan 06 March 2014 114786 Views

Companies Act,1956 Companies Act,2013 16 Schedules 7 Schedules The Companies Act,2013 has skips the following schedules ; Schedule Particulars Remarks IA List o