CAclubindia Articles
Cenvat credit on Construction can be used for ST on Renting
Excise paid on Inputs and ST on Input services used in construction can be utilized for discharging ST liability on renting of immovable property The Honble Tribunal in the case of Oberoi Mall Ltd. Vs. Commissioner of Service Tax [2013-TIOL-
Recent amendments for Electoral trusts
Note on Electoral Trust With an object to reform the system of funding to political parties , the Finance Act (No. 2), 2009 introduced a set of provisions (Section 13B) for the electoral trust under the Income Tax Act, 1961 (the Act). Sectio
Company Secretary Course - Things To Know Before You Choose
Students often get confused when it comes to selecting courses which they want to pursue and which will shape their future. Taking such a decision is not as easy as it sounds. You have to understand a lot of things before you choose a particular car
One profit level indicator of a comparable
HC: Tribunal was wrong in holding that if one profit level indicator of a comparable Whether, in view of the first proviso to section 92C(2) of the Income-tax Act, 1961, the Tribunal was correct in holding that if one profit level indicator of a co
Service Tax Return for the period July to Sept 2012
This refers to the Service Tax Return for the period 1st July 2012 to 30th September 2012 which I have filed for some of my clients the last date of filing of which is 30th April 2013. I found that none of the returns filed by me has been reflecte
How to Deal with order U/S 263 of IT Act
1. Section 263 deals with the powers of the Commissioner to revise the orders pre-judicial to the interest of the Revenue. During recent times, this power is being utilised frequently, particularly with respect to assessment passed u/s 147 of I.
A Satirical Take on Life of a Big4 Article
I have learnt more about punctuation doing Call and Compare or CC as its lovingly called than I Have learnt in school. My suggestions are always valued.When I say I dont want to go to any outstation audit. I immediat
Counting instances of Duplicate Invoice Nos. in Excel
CASE STUDY: Counting instances of Duplicate Invoice Nos. APPLICATION AREAS: Vendor Payment, Account Credits SOLUTION: =COUNTIFS() EXAMPLE: Step 1: Write =COUNTIFS( Step 2: Choose range of list. E.g. A4:A13 Step 3: Press
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
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