CAclubindia Articles

Reverse Charge Mechanism In Service Tax- An Overview

Posted by CA bhargava 03 December 2012 1006754 Views

REVERSE CHARGE MECHANISM OF SERVICE TAX (RCM) With effect from 1-7-2012 , the central government has notified the new partial reverse charge mechanism for the payment of service tax in respect of certain taxable services.

Analysis of Education Guide 2012- Part II - "Service"

Posted by Madhukar N Hiregange 03 December 2012 10254 Views

Understanding the Educational Guide-2012 Part -II Service We examine in this article, the guide in detail and have provided our comments in italics. At this stage they represent only thoughts or questions which r

Composition Scheme for on-going works contract prior and post 1st July, 2012

Posted by Bimal Jain 03 December 2012 69073 Views

We are sharing with you FAQ on Works Contract Composition scheme w.e.f 1st July, 2012 and analysis of an important recent judgment of the Honble Supreme Court in

Success is not far away

Posted by CMA Ramesh Krishnan 03 December 2012 11822 Views

Introduction: Hardly a week ahead to CMA December 2012 exams, students are very busy with their revision schedule and final preparation to face the exams. Before facing the exams, I would like to suggest some tips to follow this days and exams days

Payment to Non Residents - Issues, Compliances and other related Matters

Posted by CA bhargava 01 December 2012 12021 Views

In the growing era of Globalisation and the political situation where the government has opened up the gates for the Foreign Players to I

Service Tax on Commission from MNC

Posted by Ankit Gupta 01 December 2012 41948 Views

Gupta and team (argtaxconsultants@gmail.com) Facts: M/s. XYZ India Pvt. Ltd (100% subsidiary of a MNC) receives commission Income from the MNC(Parent Company) on account of booking orders

Service Tax on Real Estate: A Practical Perspective (Part A & Part B)

Posted by CA Ankit Gulgulia (Jain) 30 November 2012 55320 Views

Service Tax on Real Estate A Practical Perspective (Part A & Part B) This article aims to discuss few essential issues that require to be addressed in light to the changes brought by negative list provisions, the jeopardy created b

Reverse mortgage

Posted by Venkat Rao Marella 30 November 2012 21857 Views

What is Reverse mortgage and how does it operate ? It is a type of mortgage in which an owner of a residential property in Indian can borrow money against the value of his or her home. A reverse mortgage provides stream of income flows which normall

Service Tax on Parking Charges

Posted by Ankit Gupta 30 November 2012 42057 Views

Prior to 01.07.2012 Prior to Negative List concept, Renting of immovable property excluded land used for parking purpose. The

Innovative Benchmark Indexes

Posted by Indraneel Sen Gupta 29 November 2012 6366 Views

Innovation is not a business. It is now a need and a part of everydays life. The terms "benchmarks" and "indexes" are often used interchangeably, but they are actually unique terms that describe different things. All ind