CAclubindia Articles

Detailed analysis of new TDS Section 194IA

Posted by Manoj BG 12 June 2013 126149 Views

w.e.f 01/06/2013, new TDS section brought into effect for deduction of tax while making payment for purchase of immovable property other than agricultural land in rural area in India- Following are the conditions and operational mechanism- (1) T

Journey of my CA life

Posted by Vikash Maheshwari 12 June 2013 27093 Views

Writing about ones journey of life is never easy. You dont know where to begin and where to end. Life is full of precious moments and its a daunting task to recollect all the memories and express in words. Never though I attempt

Cenvat Credit on services of commission agents

Posted by Pradeep Jain 12 June 2013 27134 Views

CENVAT CREDIT ON SERVICES OF COMMISSION AGENTS: A COMMON ISSUE WITH CONTRARY DECISIONS Introduction: Cenvat Credit has been a highly sensitive issue since its inception. The assessees always attempt to avail credit of every possibl

A few aspects of applicability of Tax audit

Posted by CA CMA CS Ram Pavan Kumar Melam 12 June 2013 153027 Views

The voluntary tax compliance by the taxpayers considerably widened after the insertion of tax audit under section 44AB in the Income-tax Act, 1961 by the Finance Act, 1984. An important revision to Tax Aud

Place of Provision of Service - Including Issues

Posted by Madhukar N Hiregange 11 June 2013 39168 Views

Introduction Under earlier method of taxation (positive list based) the services which were provided in India were taxable, without any distinction of f

Civil Services - My Cup of Tea - Final Part

Posted by Gaurav Arya 10 June 2013 22307 Views

In my previous article Civil Services My Cup of Tea Part I, I had discussed the factors to be considered for decision making, myths and realities of civil services. We can comp

Exams over - Are you ready for your first job

Posted by Nimish Goel 10 June 2013 20255 Views

Exams over - looking forward for the first job - Are you ready? Exams are over and you are almost on the verge of becoming a Chartered Accountant One of the most coveted and highly respected degrees. For this degree, you have worked so hard

No disallowance of Input Tax Credit for merely not charging VAT separately in VAT invoice

Posted by Amit Bajaj 10 June 2013 26410 Views

Punjab VAT Tribunal in The 21st Century Builders and Engineers vs State of Punjab VSTI 2013 17 C-388 has held that input tax credit cannot be disallowed merely on the technical ground that VAT has not been charged separately in VAT invoice, when tax

How to get what you want?

Posted by CA Srikanth Yadav 10 June 2013 12612 Views

To begin with, I can say that most people actually don't even realize what they truly need in their life inspite of having a lot of goals. And this article is an attempt to fix this problem. Well while it may not be possible to get everyth

Need and importance of property Registration

Posted by CA CMA CS Ram Pavan Kumar Melam 10 June 2013 19194 Views

The system of registration of documents was in vogue in British India first in Bengal in 1793, thereafter in Bombay and in Madras in 1802. These regulations were applicable both in Presidency Towns as wel