CAclubindia Articles

How to Save tax on Salary and increase the home take salary?

Posted by CA Vinay parmar 08 July 2013 204185 Views

Hello everyone we all face the common situation as to how to plan for the salary every year and how to reduce tax on it and increase our home take salary. Well the people from the Acco

Comprehensive Procedure for E-Filing of Tax Audit Report

Posted by CA Sudhir Halakhandi 08 July 2013 120131 Views

Registration of CA Go to incometaxindiaefiling.gov.in and click on REGISTER YOURSELF and select the option Tax professional Chartered Accountant. The Registration Form will require your Membership Number, enrolmen

Accounting Standards - A summarized application

Posted by Shivam Gupta 06 July 2013 81104 Views

Framework of Accounting Standard: At the outset, with the changing scenario, there has arisen a great complexity in understanding the applicability of accounting standards apart from understanding the text of accounting standards. Thus, it has b

Deposits under Companies Bill 2012

Posted by cs A Rengarajan 06 July 2013 15722 Views

ACCPETANCE OF DEPOSITS BY COMPANIES - COMPANIES BILL 2012 Introduction: One of the major areas in which Companies Bill 2012 changes made are on Deposits. Before going into the provisions in the Bill, let us look into the

The Levy of Service Tax on Restaurants & Hotels Unconstitutional - High Court, Kerala

Posted by RENGARAJ R.K 05 July 2013 53144 Views

Introduction: The Kerala High Court on 03.07.2013 declared as "unconstitutional" the imposition

Summary on Transfer Pricing

Posted by CA Vinay parmar 05 July 2013 102212 Views

Summary on Transfer Pricing 1) Introduction :- Transfer pricing was introduced basically to curb the tax evasion practices followed by many Multinational Groups having presence in India. These Multinational Groups normally transfer their taxable pr

Issues in Real Estate under Service Tax and VAT

Posted by Swati rathi 05 July 2013 46331 Views

In growing economies like India, infrastructure and real estate industry plays a major role in the development of a nation. It acts as a foundation based upon which growth of the nation depends. Economies can sustain

Exemption from Service Tax to SEZ's

Posted by CA Prateek Marlecha 05 July 2013 93996 Views

CBEC on July 01, 2013 issued notification no. 12/2013 granting exemption from service tax to units located in SEZ or developers of SEZ for the services used in their authorized

Tax Clarifications For Your Multiple House Property Investments

Posted by Chenoy Ceil 04 July 2013 48817 Views

If you are wondering how many residential properties you can own? Well, legally speaking, there are no restrictions on owning more than one house property. Today, owning multiple house properties is fast catching up with the urban population and thu

Merilyn Shipping's case analysis with Cal-HC decision

Posted by CA Aman Gupta 04 July 2013 12074 Views

CIT -vs.- Crescent Export Syndicate (ITAT 20 of 2013) (Cal-HC) Brief Facts: The assessee incurred expenditure during the year on which TDS have not been deducted. The AO disallowed the expenditure u/s 40(a)(ia). On appeal, the Tribunal relied on