CAclubindia Articles

Service Tax on AC Bar Restaurants & Hotels is Unconstitutional

Posted by Bimal Jain 08 July 2013 23529 Views

Service Tax on AC Bar Restaurants & Hotels is Unconstitutional Kerala HC The Honble Kerala High Court has held that the levy of Service Tax on AC Bar Restaurants and Hotels providing short term accommodation as Unconstitutional a

Analysis on Compounding of offence with case study

Posted by sivadas chettoor 09 April 2021 21206 Views

INTRODUCTION: This article deals with the critical analysis of the recent decision of the Hon High court of kerala in Tomy Eapen v state of kerala reported in (2013) 21 KTR 215 (Ker). I

Deposits under Companies Bill 2012

Posted by cs A Rengarajan 06 July 2013 15749 Views

ACCPETANCE OF DEPOSITS BY COMPANIES - COMPANIES BILL 2012 Introduction: One of the major areas in which Companies Bill 2012 changes made are on Deposits. Before going into the provisions in the Bill, let us look into the

Accounting Standards - A summarized application

Posted by Shivam Gupta 06 July 2013 81156 Views

Framework of Accounting Standard: At the outset, with the changing scenario, there has arisen a great complexity in understanding the applicability of accounting standards apart from understanding the text of accounting standards. Thus, it has b

Procedures to upload ITR and 3CB/3CD

Posted by Naresh Kansala 30 December 2020 381061 Views

Procedure to upload ITR and Form 3CB/3CD Based on Personal Experience 1) Firstly CHARTERED ACCOUNTANT has to register on Income Tax Site:- a) Steps to Register:-

Exemption from Service Tax to SEZ's

Posted by CA Prateek Marlecha 05 July 2013 94036 Views

CBEC on July 01, 2013 issued notification no. 12/2013 granting exemption from service tax to units located in SEZ or developers of SEZ for the services used in their authorized

Summary on Transfer Pricing

Posted by CA Vinay parmar 05 July 2013 102254 Views

Summary on Transfer Pricing 1) Introduction :- Transfer pricing was introduced basically to curb the tax evasion practices followed by many Multinational Groups having presence in India. These Multinational Groups normally transfer their taxable pr

Issues in Real Estate under Service Tax and VAT

Posted by Swati rathi 05 July 2013 46350 Views

In growing economies like India, infrastructure and real estate industry plays a major role in the development of a nation. It acts as a foundation based upon which growth of the nation depends. Economies can sustain

The Levy of Service Tax on Restaurants & Hotels Unconstitutional - High Court, Kerala

Posted by RENGARAJ R.K 05 July 2013 53195 Views

Introduction: The Kerala High Court on 03.07.2013 declared as "unconstitutional" the imposition

Tax Clarifications For Your Multiple House Property Investments

Posted by Chenoy Ceil 04 July 2013 48851 Views

If you are wondering how many residential properties you can own? Well, legally speaking, there are no restrictions on owning more than one house property. Today, owning multiple house properties is fast catching up with the urban population and thu