CAclubindia Articles

Waiver of Interest and Penalty under Amnesty Scheme

Posted by Vishal 16 April 2013 44304 Views

Service tax has always been regarded as a tax of the future and is emerging as one of the major source of revenue for the Government. At the same time, the service tax law has been regarded as most complicated law and generated huge litigation.

How to Maintain Positive Attitude

Posted by Member (Account Deleted) 16 April 2013 21040 Views

Is maintaining a positive attitude easier said than done? There are many times in our lives when putting on a smiley face is not easy and it may not even be what we want to do at that moment. Think of when someone annoys you and you feel anger ins

All about Gifts

Posted by G S Rao 16 April 2013 53838 Views

Introduction: Gifts are generally given by donors to show their love and affection. Sometimes gifts are used as a tool for tax planning. An attempt is made in this article to cover the essentials of a valid gift as per the provisions of the Transf

Registration and Payment under Reverse Charge Concept

Posted by Priyanka 16 April 2013 83918 Views

Subsequent to the introduction of sub-section (2) of section 68 under the Finance Act, 1994 (the Act), the central government has specified certain taxable services in respect of which a service recipient is required to pay service tax at the ra

Service Tax on Director's Services in Private Companies

Posted by Priyanka 16 April 2013 52673 Views

A Private Company has one Executive Director i.e. Whole Time Director and two Non-Executive Directors. The Whole Time Director holds 90% of the paid-up share capital in the company while the other 10% is held by five shareholders. A monthly fix

Print money, get economy back on track!

Posted by MudraMantri 16 April 2013 8978 Views

Oh Gosh!! I just don't know why these Accounts Graduates do so much of show off. And in the name of heaven why they keep reading this picture less, pink paper. What is their apart from some economic jargon that describes how poor this economy

New Forms for filing appeal under Customs/Excise/ST:1-6-2013

Posted by Bimal Jain 16 April 2013 18118 Views

New Forms for filing appeal under the Customs, Excise and Service tax laws w.e.f 1-6-2013 Please note that the Central Government has amended the Customs (Appeals) Rules, 1982 [the Customs (Appeals) Rules] vide Notification No. 37/2013

Practical aspects of Financial Closure for a Project (Part-2)

Posted by CMA Ramesh Krishnan 16 April 2013 15551 Views

Practical aspects of financial closure for a Project (Part-2) Debt finance: Means of project finance contains the combination of Equity Debt for the project proposal which may requires procuring the project capex items for make the

Loss on Reduction of share capital is allowable

Posted by Saurabh Maheshwari 12 April 2013 21407 Views

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI SPECIAL BENCH B MUMBAI Date of Hearing: 16-08-2011 Date of Pronouncement: 30-09-2011 Bennett Coleman & Co. Ltd., Times of India Bldg., Dr. D. N. Road,

Individual value of Companies with cross holdings

Posted by Srikanthan 11 April 2013 32936 Views

Arriving at the individual values of listed Companies with cross holdings Instances of crossholdings, that is Company A holding shares in Company B and Company B holding shares in Company A are few and have by and large been reduced. There are how