CAclubindia Articles


Know More about NBFCs (FAQs)

Posted by Kumar A. Ranjan 30 May 2013 18052 Views

FOREWORD The Reserve Bank of India is entrusted with the responsibility of regulating and supervising the Non-Banking Financial Companies by virtue of powers vested in Chapter III B of the Reserve Bank of India Act, 1934. The regulatory and supervis



No Forfeiture Proceedings under CST Act, 1956

Posted by Vasanth Kumar J K 30 May 2013 19052 Views

STATEOF A.P Vs HINDUSTAN CABLES LTD [2013] 57 VST 284 (AP) Fats of the case: Assessee M/s. Hindustan Cables Limited, Cherlapally, was assessed to tax under Central Sales Tax Act, 1956. The Assessing A



Impact of Service Tax on Different Audits

Posted by Madhukar N Hiregange 29 May 2013 83666 Views

This article provides some inputs on what care a CA should take or at least shouldbe aware when conducting the tax audit, internal audit or statutary audit. We have included some



Campus Interview Question

Posted by Nitin Agrawal 29 May 2013 42858 Views

As a CA fresher we know much on Accounting, Auditing, Taxation & Finance concepts but when it comes to practical exposure, we may not have idea of procedural aspects which take place in corporate. Freshers who have done their internship f



Arrest - Prosecution Under Central Excise & Service Tax

Posted by Madhukar N Hiregange 28 May 2013 49754 Views

The recent announcement on arrest has seen a flurry of activity to those wh



Analysis of recent decision in Service Tax

Posted by Madhukar N Hiregange 28 May 2013 50189 Views

SERVICE TAX Analysis of Recent Judgments The professional who wishes to practice in service tax or take care of service tax in compani



Should I Do Articleship or take a Dummy

Posted by Nimish Goel 28 May 2013 57712 Views

It is very sad and disappointing when students approach me and ask whether they should do proper articleship in a CA firm or should they take a dummy. This sadness comes from the very fact that our Institute



Property Transactions and new tax effect

Posted by CA Prashant Gupta 28 May 2013 42966 Views

Property transactions Budget 2013 amended some sections related to property transactions. These amendments effect a person in many ways. Some are described below: When there is difference between property value and stamp duty value exceeds 50,000/-:



Indian Banking System @2025

Posted by Indraneel Sen Gupta 28 May 2013 12155 Views

Indian banks need no introduction about its stupendous growth which it has achieved over the last 15 decades. Indian economy went through various phases through which the Indian banking segment went too and finally transformed India today



E-Filing is mandatory Income is more than 5 lacs

Posted by CA Prasenjit 29 May 2013 81031 Views

The Central Board of Direct Taxes (CBDT) is Spreading e-tax net through Notification dated 34/2013 dated 01.05.2013. E-filing of I-T returns is now mandatory for individuals, including salaried taxpayers, earning more than Rs 5 lakh taxable income d




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