CAclubindia Articles

Authority for advance ruling under State VAT Act cannot give clarifications under CST Act

Posted by Amit Bajaj 03 July 2013 13632 Views

Andhra Pradesh High court in Prathista Industries Limited vs Commercial tax Officer [2013] 61 VST 58 (AP) has held that Authority for advance ruling under State VAT Act cannot act as Authority for Advance Ruling under Central sales Tax Act, 1956.

Note on changes in companies (Acceptance of Deposits) Rules, 1975

Posted by Ajay Mishra 03 July 2013 23052 Views

NOTE ON CHANGES IN COMPANIES (ACCEPTANCE OF DEPOSITS) RULES, 1975 In March 21, 2013, Ministry of Corporate Affairs (MCA) has made amendments in provision of Rule 2 of the Companies (Acceptance of Deposits) Rules, 1975, by way of Notifications. T

All about HUF its creation and tax benefit

Posted by CA Vinay parmar 03 July 2013 130086 Views

A HUF is a separate entity for taxation under the provisions of S.2 (31) of the Income Tax Act, 1961. This is in addition to an individual as a separate taxable entity. This indicates that a person may be assessed in two different capacities- as an

Restructuring of CA Profession - Part I

Posted by CA SURENDRA KUMAR RAKHECHA 02 July 2013 21721 Views

ACCORDING TO THE DEMAND OF THE TIME AND THE CHANGED SCENARIO; THE CHARTERED ACCOUNTANCY EDUCATION AND TRAINING REQUIRE TOTAL RESTRUCTURING: A. Education: 1. The study materials should include case studies to create interest in the relevant sub

All about WILL

Posted by CA CMA CS Ram Pavan Kumar Melam 02 July 2013 18571 Views

Introduction Will is a legal declaration of the intention of a testator through testamentary instrument with respect to his property, which he desires to be carried into effect after his death. It includes codicil and every document in writing mak

How to Invest in Stock Market - Long Term and Short Term?

Posted by Ramalingam K 02 July 2013 13191 Views

Investing long term in stocks looks like a conservative mode of managing money. Is this a right statement? Will I lose my money by investing short term on the stock market? Do I reap the real benefits with short term stock investments?

Prosecution u/s 276B for Defaults of TDS

Posted by deepak K Gujrati 02 July 2013 79052 Views

SUBJECT: TDS/INCOME TAX ACT Default in TDS Collection and Deposit How Punishable is This Offence I

Forensic Auditing & Internal Auditing

Posted by Shikha Sanat Kotak 02 July 2013 34899 Views

Forensic Auditing: Todays era has fallen prey to complete digitalization; may it be in the field of accounting or for that matter all the spheres of business conduits. While this computerization has enormous advantages; like any other devel

Organization Culture Development Strategy & Best Practices

Posted by CMA TAPAN DHAR 02 July 2013 12978 Views

This paper tries to emphasize on the importance of developing a strong organizational culture for getting enduring success & growth & suggests best practices for enforcing a strong culture. This paper also emphasizes that simply drafting &am

Analysis of 20:80 scheme by builders

Posted by CA Vinay parmar 02 July 2013 24229 Views

You all know that sales of residential property are down in every city, the slow down in sales and liquidity problem has forced the all over developers to come with such kind of scheme that can lure the buyer's/ Investors etc and here they are