CAclubindia Articles

SAP COFI For Beginners

Posted by SUMIT 28 June 2013 30045 Views

COFI: SAP Coffee & Management Accountants: An ERP Spurt.-Indian Perspective ERP and the role of Professionals in global scenario has been changed. In nowadays SAP (R3)-HANA is using by lots of prestigious company not in India but i

Tax Deduction on Purchase of Immoveable Property

Posted by Prateek Manocha 28 June 2013 14181 Views

This provision is applicable on transfer of immoveable property of Rs. 50 lacs or more. It requires TDS to be deducted at 1% of the price being paid by the purchaser of an immoveable property, irrespective of quantum of capital gains. If the seller d

Cenvat credit cannot be denied on inputs used in a process not considered as manufacture

Posted by Bimal Jain 27 June 2013 14324 Views

We are sharing with you an important judgement of the Honble Customs, Excise and Service Tax Appellate Tribunal of Bangalore (the CESTAT) i

Learnings from Marwari Business Family

Posted by Siddharth Maheshwari 27 June 2013 41359 Views

Learnings from a Marwari business family - For Startups and Family Business Entrepreneurs After graduating from B-School and having learnt all the Porters Model and trick of trades for running business, I was all excited to j

Reverse Charge with Relevant POPS Rules

Posted by nitin 27 June 2013 14476 Views

1. INTRODUCTION OF REVERSE CHARGE MECHANISM Reverse charge mechanism is not a new concept in service tax. Under the reverse charge mechanism, instead of service provider, the service receiver is liable to pay service tax. But with effect from 1.7

MSME Benefit for Manufacturing & Service Unit

Posted by CA Vinay parmar 27 June 2013 33774 Views

Hello Freinds, today i would like to share with you the various benefits which are available to Manufacturing Unit & Service Unit from the State government & Central Government. But unfortunately most of us are not aware of this subsidiaries

Restoration of Charm of Settlement Commission

Posted by Pradeep Jain 26 June 2013 5594 Views

RESTORATION OF CHARM OF SETTLEMENT COMMISSION Introduction The budget for the financial year 2013-14 took a hard hand by drastically amending the penal provisions relating to the offences under the Central Excise and Service Tax law. Though thes

A small mistake that could ruin your investments completely

Posted by Ramalingam K 25 June 2013 9669 Views

Do you remember what you did before buying your first bike? Made a research on various brands, looked at the trend of each brand & the product on how they worked and chose the best one you liked, right? Even though, your bike helps you to trav

S.10(23c)(iii)(ad) - Limit of 1 crore exemption available

Posted by Rupesh Srivastava 25 June 2013 64773 Views

Recently Hon`ble high court held that u/s 10(23c)(iii)(ad) - Limit of 1 crore exemption available to the assessee as annual receipts of each of the institutions. Assessee is running as many as 23 educational institutions upto assessment years 1

How to score well in CPT?

Posted by Guest 25 June 2013 104380 Views

Hey friends, Today I am going to tell you people how to pass or get a rank in CPT? The reason I am telling you people pass/get a rank is you have to pass in order to get a rank, and you have to follow my steps or take good things from my procedure