CAclubindia Articles

Service Tax on Export of Services

Posted by Guest 19 November 2013 172120 Views

Since the day I started reading tax it was dinned in my ears that exports are tax free and that it is akin to blasphemy to export tax. Change alone is permanent in this universe and taxation is no exception? The Finance Act, 1994 has seen many ups

Service Tax on Builders and Developers - Issues

Posted by Madhukar N Hiregange 18 November 2013 122637 Views

In this article we have examined the provisions relating to real estate with focus on what is more relevan

Karniti Part:11 "Sachin" like Retirement & its Financial Planning

Posted by CA Umesh Sharma 18 November 2013 22886 Views

Karniti Part 11 (Sachin Tendulkar Special)Sachin like Retirement and its Financial PlanningKeeping conversation between Lord Krishna and Arjuna as the foundation we will learn certain basic financial and tax matter. Let us try to get an

Decoding - FDI

Posted by CA. Nishant Jain 18 November 2013 21378 Views

First few thoughts that appear in our mind as we hear about Foreign Direct Investment or FDI as it popularly known are FDI in multi brand retail, wallmart, loss of business for small and medium enterprises, etc. Ins

Service Tax on Educational Institutions

Posted by Guest 18 November 2013 48925 Views

Article 21A of The Constitution inserted by The Constitution (Eighty Sixth Amendment) Act, 2002 is notified with effect from April 1, 2010. This Article deals with “Right to Education” and states as under: “The State shall provid

Mutual Funds - What, Why and How?

Posted by CA Chiranjiv Kumar 16 November 2013 37358 Views

What are Mutual Funds? Mutual funds are nothing but units of investment, like in shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An

Importance of CA Articleship!

Posted by Amrit Dalmia 14 November 2013 64542 Views

Someone has rightly said, "One can't learn swimming until one jumps into the water." Such is the importance of Articleship. Its just like another waterbody. Unless a IPCC qualified student throws her/himself into this waterbody, how s/he can dream of

Online filing of the second quarter return FORM DVAT 16

Posted by Devinder Jain 14 November 2013 55186 Views

Section 27 requires every dealer to furnish the return in the appropriate Form prescribed under the rules, containing the information and particulars required in

"Service" & "Consideration" - Random Thoughts

Posted by Madhukar N Hiregange 13 November 2013 22522 Views

Understanding of "Economic Activity" and "Consideration" in Service Tax- Random ThoughtsThe concept of negative list regime is that there should be an economic activity [as differentiated from personal activity] whether carried out free of charge or

House Rent Allowance - A tool of Tax planning for employees

Posted by CA Chandra Kishore Bajpai 13 November 2013 115173 Views

House Rent Allowance (HRA) is second component which is found in each pay slip after basic salary. This is the major contributor in tax relief for the employee who reside in rented house during his/her employment.Generally employee submits Rent recei