CAclubindia Articles

Section 145A of the Income Tax Act

Posted by Manoj Pala 23 April 2013 385209 Views

Section 145A shall be substituted for the existing section 145A by the Finance (No. 2) Act, 2009, w.e.f. 1-4-2010: Method of accounting in certain cases. 145A. Notwithstanding anything to the contrary contained in section 145, (a) the

Installation of tank for Storage of Inputs outside Factory

Posted by Bimal Jain 23 April 2013 9210 Views

Services for installation of storage tank for storage of inputs outside factory are input services Important judgement of Honble Mumbai High Court in the case of M/s Deepak Fertilizers and Petrochemicals Corpn. Ltd. Versus Commissioner of Cen

Increasing rate of MAT, Reducing the MAT Credit

Posted by Deepak Agrawal 23 April 2013 72225 Views

In the Finance Bill, 2000, the government introduced the new provision u/s. 115JB: The extract of the same from the memorandum to finance bill was as under: The new provisions provide t

Gold: Billions Made

Posted by Indraneel Sen Gupta 22 April 2013 11591 Views

Gold prices made a surprising correction but in my research I find it that billions made from the crash of gold prices and recession in the wings. Gold prices correction and its fall were well planned in advance by the big giants of the financial

Corporate communication effective tool for Image Building!

Posted by Kannan Iyappan 22 April 2013 27974 Views

Corporate communication has a direct impact on the work. Every manager needs to understand corporate communication, not just those officially in charge of public relations or communications. Most obviously, as an employee, a company's internal c

Sec. 54F:Judicial Analysis-Investment in more than one units

Posted by Deepak Agrawal 22 April 2013 34205 Views

Judicial Position on Exemption u/s. 54F where investment is made in more than one Residential House Property units/adjacent flats/more than one unit on different floors: 1. Section 54F is reproduced as under: Section 54F provides that-

Merger and Acquisitions- Strategic Considerations

Posted by CS Shilpi Thapar 22 April 2013 15727 Views

A Quote from Mr. Dhirubhai Ambani: Dream & Dare. Let no one demoralize you. Do not allow any one to deter you .Pursue you goal , even in the face of difficulties. Convert Difficulties into opportunities. Keep your mo

No third time cess payable on DTA clearances from EOU to DTA

Posted by Bimal Jain 22 April 2013 21298 Views

No third time cess payable on DTA clearances from EOU to DTA The Larger Bench of the Honble Tribunal has held that no third time cess is payable on clearance from an Export Oriented Unit (EOU) to the Domestic Tariff Area Unit (

Provision for Inventory

Posted by kartik_somu 22 April 2013 43633 Views

Write down and do not write off Inventory Review of the Rule 3(5B) of Cenvat Credit Rules, 2004 Change of models, customer requirements, change of processes, poor inventory management can increase a businesss o

Prerequisites for drafting an effective Stay Application

Posted by ANIL KUMAR BEZAWADA 22 April 2013 12325 Views

As per Section 35F of Central Excise Act, 1944 if the assessee is aggrieved by decision of the Commissioner (Appeals) or by the Commissioner, he can file an appeal against such order befor