CAclubindia Articles

No Forfeiture Proceedings under CST Act, 1956

Posted by Vasanth Kumar J K 30 May 2013 19056 Views

STATEOF A.P Vs HINDUSTAN CABLES LTD [2013] 57 VST 284 (AP) Fats of the case: Assessee M/s. Hindustan Cables Limited, Cherlapally, was assessed to tax under Central Sales Tax Act, 1956. The Assessing A

Impact of Service Tax on Different Audits

Posted by Madhukar N Hiregange 29 May 2013 83678 Views

This article provides some inputs on what care a CA should take or at least shouldbe aware when conducting the tax audit, internal audit or statutary audit. We have included some

Campus Interview Question

Posted by Nitin Agrawal 29 May 2013 42867 Views

As a CA fresher we know much on Accounting, Auditing, Taxation & Finance concepts but when it comes to practical exposure, we may not have idea of procedural aspects which take place in corporate. Freshers who have done their internship f

Arrest - Prosecution Under Central Excise & Service Tax

Posted by Madhukar N Hiregange 28 May 2013 49768 Views

The recent announcement on arrest has seen a flurry of activity to those wh

Analysis of recent decision in Service Tax

Posted by Madhukar N Hiregange 28 May 2013 50192 Views

SERVICE TAX Analysis of Recent Judgments The professional who wishes to practice in service tax or take care of service tax in compani

Should I Do Articleship or take a Dummy

Posted by Nimish Goel 28 May 2013 57722 Views

It is very sad and disappointing when students approach me and ask whether they should do proper articleship in a CA firm or should they take a dummy. This sadness comes from the very fact that our Institute

Property Transactions and new tax effect

Posted by CA Prashant Gupta 28 May 2013 42976 Views

Property transactions Budget 2013 amended some sections related to property transactions. These amendments effect a person in many ways. Some are described below: When there is difference between property value and stamp duty value exceeds 50,000/-:

Indian Banking System @2025

Posted by Indraneel Sen Gupta 28 May 2013 12162 Views

Indian banks need no introduction about its stupendous growth which it has achieved over the last 15 decades. Indian economy went through various phases through which the Indian banking segment went too and finally transformed India today

E-Filing is mandatory Income is more than 5 lacs

Posted by CA Prasenjit 29 May 2013 81039 Views

The Central Board of Direct Taxes (CBDT) is Spreading e-tax net through Notification dated 34/2013 dated 01.05.2013. E-filing of I-T returns is now mandatory for individuals, including salaried taxpayers, earning more than Rs 5 lakh taxable income d

Electricity charge from tenant not chargeable to Service Tax

Posted by Bimal Jain 29 May 2013 26046 Views

Electricity charge recovered from tenant not includible in renting of immovable property We are sharing with you an important judgement of the Ld. Commissioner of Central Excise (Appeals), Chennai in the case of In Ticel Bio Park Ltd. (2013) 33 tax