CAclubindia Articles

Learnings from Marwari Business Family

Posted by Siddharth Maheshwari 27 June 2013 41423 Views

Learnings from a Marwari business family - For Startups and Family Business Entrepreneurs After graduating from B-School and having learnt all the Porters Model and trick of trades for running business, I was all excited to j

Cenvat credit cannot be denied on inputs used in a process not considered as manufacture

Posted by Bimal Jain 27 June 2013 14356 Views

We are sharing with you an important judgement of the Honble Customs, Excise and Service Tax Appellate Tribunal of Bangalore (the CESTAT) i

Review of Director Identification Number (DIN)

Posted by Bhaskaran Chackrapani Warrier 13 April 2021 27248 Views

A REVIEW OF DIN [DIRECTOR IDENTIFICATION NUMBER] CONSEQUENT TO MCA NOTIFICATION DATED MARCH 15,2013. The Companies (Amendment) Act, 2006 has introduced the concept of Director Identification Number by inserting sections 266A to 266G in the Compan

Restoration of Charm of Settlement Commission

Posted by Pradeep Jain 26 June 2013 5609 Views

RESTORATION OF CHARM OF SETTLEMENT COMMISSION Introduction The budget for the financial year 2013-14 took a hard hand by drastically amending the penal provisions relating to the offences under the Central Excise and Service Tax law. Though thes

All about Renting of immovable property

Posted by nitin 01 May 2021 105915 Views

1. INTRODUCTION Renting of Immovable property has been taxed under the earlier tax regime vide Section 65 (105) (zzzz). Renting of immovable property has been brought into tax net vide Notification No. 23/2007-ST dated 01.06.2007.But After 1.7.20

How to score well in CPT?

Posted by Guest 25 June 2013 104414 Views

Hey friends, Today I am going to tell you people how to pass or get a rank in CPT? The reason I am telling you people pass/get a rank is you have to pass in order to get a rank, and you have to follow my steps or take good things from my procedure

Basic aspects for preparation of Projected Financials

Posted by CMA Ramesh Krishnan 24 June 2013 41326 Views

Basic aspects for preparation of Projected Financials Introduction: How to prepare the projected financials to submit for bank funding is the basic work should learn by the person handling finance. It is a basic step before approaching bank funding

S.10(23c)(iii)(ad) - Limit of 1 crore exemption available

Posted by Rupesh Srivastava 25 June 2013 64788 Views

Recently Hon`ble high court held that u/s 10(23c)(iii)(ad) - Limit of 1 crore exemption available to the assessee as annual receipts of each of the institutions. Assessee is running as many as 23 educational institutions upto assessment years 1

ST-Reverse charge Mechanism. Lets crack it

Posted by Saurabh Maheshwari 09 October 2020 133549 Views

Reverse Charge Mechanism under Service Tax Introduction Generally, liability to pay service tax is of the person providing taxable services, so the service provider collects service tax from the service receiver and deposit the same with

Why should we file Income Tax return on Time?

Posted by CA Kapil Verma 22 June 2013 26323 Views

As per income tax act 1956, if the income of any person exceed the basic exemption limited limit of income tax act. Then he or she is required to file his/her income tax return accourding to the time limit specified in the section 139(1). Last dates