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CAclubindia Articles


FAQ on GTA - Goods Transport Agency

Posted by @VaibhavJ 26 February 2013 33498 Views

FAQ on GTA - Goods Transport Agency QUE. What is the effective date of levy? ANS. 01-01-2005 QUE. Any goods based exemption? ANS. Transportation of fruits, vegetables, eggs and milk, pulses and cereals (33/2004) QUE. Any value based exemption? AN



Dealing Exam Stress!

Posted by Member (Account Deleted) 26 February 2013 15725 Views

HOW TO DEAL WITH EXAM STRESS? Hello, my name is varsha and this is my first article. My article is about how to deal with exam stress. Sleepless nights, troubled thoughts, loss of appetite, rapid pulse, trembling hands these are typical exa



Five Reasons to invest in Debt Funds

Posted by Ramalingam K 25 February 2013 7956 Views

Though debt funds have got their own advantages, they are mostly ignored by common investors. Debt funds have got a unique place in your portfolio. Here are five simple situations, in which debt funds can be used by prudent investors. 1) To m



Merely entry in books - Not amount to provision of Service

Posted by Bimal Jain 25 February 2013 6769 Views

Merely making entry in books of account did not amount to provision of service Highlights of important judgement of the Honble CESTAT-Chennai in the case of M/s FUTURA POLYESTER LTD. versus COMMISSIONER OF CENTRAL EXCISE. CHENNAI-I [2013 (1)



Joint Charge Mechanism

Posted by Madhukar N Hiregange 25 February 2013 33740 Views

Introduction: The new service tax law based on negative list taxation was effective from 1st of July 2012. Though there are a number of aspects and issues under the same, one of the main issues of conc



Taxability for concession in school fees or scholarship

Posted by Deepak Agrawal 22 February 2013 42577 Views

NOTE ON PERQUISITE TAXABILITY FOR CONCESSION IN SCHOOL FEES OR SCHOLARSHIP GIVEN BY THE EMPLOYER TO THE CHILD OF EMPLOYEE: 1. Taxability of Perquisites: As per section 17(2) (iv), Perquisite includes, any sum paid by the employer i



How to detect fraud during the Audit - A tool for auditors

Posted by Dr. Rashid Mehmood, CPA, Ph.D 22 February 2013 52508 Views

I felt a need to write about this important topic after experiencing that often times a fraud is detected by chance during the audit either by external or the internal auditors. The new auditors in profession and the auditors under training may sk



The Day Before

Posted by Arjun Hemmady 21 February 2013 14761 Views

Ideally I should have been studying. Ideally I should not have gone for the marriage ceremony (studies is a good excuse for missing anything). Ideally I must not have watched the match. Ideally I must have been focussed just on my s



Game of Exploitation - India

Posted by Indraneel Sen Gupta 21 February 2013 9050 Views

India the economy which was once treated as a poor economy has become the hot spot of investments over the last decade. In fact it became more attractive for investments once the game of leveraged play of western economy came to a halt after the cri



FAQs on Fast Track Exit Mode

Posted by CA Harish Negi 21 February 2013 10533 Views

Hello friends following are the frequently asked questions on Fast Track Exist. 1. What is Fast Track Exit (FTE) Mode? Ministry has issued Guidelines for "Fast Track Exit (FTE) Mode" to give opportunity to the defunct companies to get




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