CAclubindia Articles
Increasing rate of MAT, Reducing the MAT Credit
In the Finance Bill, 2000, the government introduced the new provision u/s. 115JB: The extract of the same from the memorandum to finance bill was as under: The new provisions provide t
Installation of tank for Storage of Inputs outside Factory
Services for installation of storage tank for storage of inputs outside factory are input services Important judgement of Honble Mumbai High Court in the case of M/s Deepak Fertilizers and Petrochemicals Corpn. Ltd. Versus Commissioner of Cen
Section 145A of the Income Tax Act
Section 145A shall be substituted for the existing section 145A by the Finance (No. 2) Act, 2009, w.e.f. 1-4-2010: Method of accounting in certain cases. 145A. Notwithstanding anything to the contrary contained in section 145, (a) the
Can we buy gold now?
CAN WE BUY GOLD NOW? INTERNATIONAL SCENARIO Let us analyse the both International and National scenario to identify the trend of the gold. Look at the international price of gold as on 19th April 2013, the gold closed at $ 1400.65 per oun
Prerequisites for drafting an effective Stay Application
As per Section 35F of Central Excise Act, 1944 if the assessee is aggrieved by decision of the Commissioner (Appeals) or by the Commissioner, he can file an appeal against such order befor
Provision for Inventory
Write down and do not write off Inventory Review of the Rule 3(5B) of Cenvat Credit Rules, 2004 Change of models, customer requirements, change of processes, poor inventory management can increase a businesss o
No third time cess payable on DTA clearances from EOU to DTA
No third time cess payable on DTA clearances from EOU to DTA The Larger Bench of the Honble Tribunal has held that no third time cess is payable on clearance from an Export Oriented Unit (EOU) to the Domestic Tariff Area Unit (
Merger and Acquisitions- Strategic Considerations
A Quote from Mr. Dhirubhai Ambani: Dream & Dare. Let no one demoralize you. Do not allow any one to deter you .Pursue you goal , even in the face of difficulties. Convert Difficulties into opportunities. Keep your mo
Sec. 54F:Judicial Analysis-Investment in more than one units
Judicial Position on Exemption u/s. 54F where investment is made in more than one Residential House Property units/adjacent flats/more than one unit on different floors: 1. Section 54F is reproduced as under: Section 54F provides that-
Corporate communication effective tool for Image Building!
Corporate communication has a direct impact on the work. Every manager needs to understand corporate communication, not just those officially in charge of public relations or communications. Most obviously, as an employee, a company's internal c
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