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Limited Liability Partnership (LLP) Recent changes

Posted by CS DHANAPAL 21 September 2012 31892 Views

INTRODUCTION The concept of Limited Liability Partnerships (LLPs) in India was introduced in the year 2009 with the enactment of the Limited Liability Partnership Act, 2008 (6 of 20



FAQs: Partial Reverse Charge - Service Tax

Posted by Bimal Jain 21 September 2012 112350 Views

Service Tax Partial Reverse Charge Mechanism FAQs Under the Reverse Charge Mechanism the Service recipient is liable to pay service tax in cash, directly to the Government Treasury on notified services as per Notification No. 30/2012



Primer on Belated Returns

Posted by K Srinivas, CMA CS 21 September 2012 13204 Views

Now that the extended last date for filing your Income tax returns for the year 2011-2012 is over on 31st August 2012 , what options do people who have missed the deadline have? How about filing the returns now after the due date? Here are the det



Introduction to writ petition in relation to taxation matter

Posted by ANIL KUMAR BEZAWADA 20 September 2012 30987 Views

As per Article 226 of Constitution of India every High Court can issue any direction or order or writ to enforce for enforcement of rights which are in the n



FDI in Retail: The Darker Side

Posted by akash gupta 20 September 2012 24078 Views

Over the past week the topic FDI in multi brand retail has become a platitude with most of us professionals painting a rosy picture of the supposed benefits that such a policy will usher and the sweeping change it will bring. However, I hold a lit



Do we require any Special Effort? (For CA Students)

Posted by SANYAM ARORA 20 September 2012 25976 Views

Greetings of the day to all the members of CCI Family. Today I am going to draw your kind attention toward a very vital topic in our field. In the present scenario you all must have heard about the following Now CA Has become Very



Financial Modeling

Posted by *RENU SINGH * 19 September 2012 23645 Views

Financial modeling means creating an abstract form of a financial decision of an organization. The decision can be regarding a cost of project, financial planning, discounted cash flow, capital budgeting. Normally financial modeling is done by MBA



Tax deduction at source: An Introduction

Posted by Tony John 19 September 2012 70235 Views

Introduction Tax is one of the major sources of revenue for the government of India, which is primarily utilized for meeting various obligations it has towards the people like education, infrastructure, defence and so on. Income tax turns out to



FDI in retail

Posted by CMA Arif Farooqui 18 September 2012 24427 Views

Dear Professional Friends, There is much cry about FDI in retail but on analysis it on economical point of view, I found in present situation, FDI in retails in very beneficial for Indian Economy. If you remember, same type of buzz was created at



Understanding consideration to determine Service Tax payable

Posted by CA Meenu Garg 18 September 2012 26999 Views

A clarity is must as far as the term consideration is concerned. The phrase consideration has not been defined in the Act. But the explanation (a) of section 67 gives inclusive definition of consideration stating that i




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