CAclubindia Articles

Domestic Transfer Pricing

Posted by Sagar Tilak 15 May 2012 58117 Views

Domestic Transfer Pricing Begins Now Finance Minister through Finance Bill 2012 proposed the provisions for Domestic Transfer Pricing in India. The real need for Domestic Transfer Pricing was expressed by Hon. Apex Court in the judgment of Glaxo

Constitutional provisions relating to taxation

Posted by Amit Bajaj 15 May 2012 54881 Views

Constitution is the foundation and source of powers to legislate all laws in India. Parliament, as well as State Legislatures gets the power to legislate various laws from the Constitution only and therefore every law has to be within the vires of t

Believe in Yourself

Posted by Amol Gopal Kabra (CA,CS,DISA) 15 May 2012 22880 Views

There is an old maxim which says, God helps those who help themselves. It means that God, the super natural power favors only them who are ready to help themselves. Those who just wait and watch for letting things happen automatica

Point of Taxation Rules - Applicability of New or Old rate of Service Tax

Posted by Bimal Jain 15 May 2012 65156 Views

Point of Taxation Rules - Clarification is New Fad for CBEC CENTRAL Board of Excise and Customs (CBEC) has issued clarification vides Circular No. 158/9/ 2012ST dated. 8th May, 2012 on the rate of service tax applicable w

Right of members to Copies of Balance sheet, etc u/s 219

Posted by G S Rao 14 May 2012 140985 Views

Introduction Section 219 of the Companies Act, 1956 gives an important right, to members, trustees of debenture holders, certain other persons although they are not members, to receive copies of balance sheet and other documents legally required t

Value of CA Services

Posted by Amol Gopal Kabra (CA,CS,DISA) 14 May 2012 23403 Views

Earlier, I have written various articles relating to students. This is my first article keeping in mind Chartered Accountants in Practice. This article also applies to any professional providing services in the form of practice. However, I am writ

Quit or not Quit?

Posted by CA Sourabh Agarwal 14 May 2012 33856 Views

I got this idea by reading a quotation which goes like this: DONT QUIT YOU ARE ALREADY IN PAIN. YOU ARE ALREADY HURT. GET A REWARD FROM IT. And when I gave it a thought, I found that every motivational quote certainly revolves around the conc

XBRL: Cost Compliance Report and Cost Audit Report

Posted by CMA Navneet Kr Jain 14 May 2012 37351 Views

Cost Records Compliance Report and Cost Audit Report to be filed in XBRL Language MCAs Initiative to integrate Financial and Costing Reports MCA has issued a circular No. 8/2012 on 10 May 20

TDS is not Tedious - Other side of the Coin

Posted by Amol Gopal Kabra (CA,CS,DISA) 10 May 2012 24798 Views

In the earlier article, I have mentioned that TDS is not Tedious. Theoretically, that is completely right. But practically, it has not been proved so. Practically, TDS has actually become very tedious. This is not because of the prov

SARFAESI Act - The importance of claim for Loss and Damages

Posted by T.R.Radhakrishnan 10 May 2012 27216 Views

Many instances have been reported that the Authorised Officer and the Presiding Officer of DRT rejecting the claim for loss and damages or counter claims by the borrowers under SARFAESI ACT.