CAclubindia Articles

Income Tax Amendment Highlights: Major Amendments

Posted by JITENDRA 01 March 2013 31295 Views

Taxability of immovable property received for inadequate consideration: It is proposed to amend the provisions of clause (vii) of sub-section (2) of section 56 so as to provide that where any immovable property is received for a considerati

Snapshots - Budget 2013

Posted by CA. Bikash Bogi 01 March 2013 7268 Views

HIGHLIGHTS OF BUDGET 2013 This Snapshot is prepared solely on the basis of Budget Speech of Honble Finance Minister. A. DIRECT TAXES INDIVIDUAL / FIRMS a. No change in income tax slabs. b. Tax credit of Rs. 2,000/- for income upt

Budget 2013 - Tasteless for the Bonds Market

Posted by Nidhi Ladha 01 March 2013 6271 Views

Bonds Market in India A reasonably well-developed corporate bond market is very much required in any economy to supplement banking credit and the equity market and to facilitate the long-term funding requirement of corporate sector as well as inf

Standards on Internal Audit: Codifying the Best Practices

Posted by PRATEEK LOONKAR 01 March 2013 32211 Views

What is Internal Audit? Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organizations operations. It helps an organization to accomplish its objectives by bringing a sy

Some Hidden Proposal in Budget 2013

Posted by CA Ayush Agarwal 01 March 2013 12233 Views

Dear All, I Was Reading Budget Synopsis, Budget Summary, Budget Views. But Didnt Found Some Proposal (We Can Say Them Hidden), That Were No Where Discussed. Just Want to Highlights Points Which are really Hideen. Hidden proposal I --in Income Tax

Union Budget 2013-2014 - Glance

Posted by CS DHANAPAL 01 March 2013 9090 Views

Introduction:- The Honble Finance Minister P Chidambaram presented the Union Budget for the financial year 2013 2014 in the Assembly of Parliament on 28th February 2013. The main highlights of the Union Budget 2013 are presented h

Service Tax Voluntary Compliance Encouragement Scheme (ST-VCES): An Opportunity Not to Miss!

Posted by Rabish Chandra 01 March 2013 18059 Views

*Views are personal.The information is for general awareness and may not be relied upon for any legal pu

Dream Budget or Dreams Shattered?

Posted by CS LLB Pulkit Gupta 01 March 2013 4617 Views

Government lasts as long as the under-taxed can defend themselves against the over-taxed Expectations:- Every year Aam Aadmi i.e. salaried class looks towards FM to provide some relief to t

Budget 2013-14 - An Analysis of Service Tax Proposals

Posted by CA Nikhil Jhanwar 01 March 2013 49258 Views

Budget 2013-14- An Analysis of Service Tax Proposals By CA. Nikhil M. Jhanwar Budget 2013-14 has been introduced today by Mr. P. Chidambaram, Finance Minister. Budget has come at a time where it has been almost one year in introduction of nega

Budget 2013 Direct Tax Perspective

Posted by Pavan Jain S 28 February 2013 12298 Views

Highlights of Union Budget 2013 Direct Tax perspective: Section /Schedule Head Amendment/New Provision Effective date Part III to Schedule I Advance taxe