CAclubindia Articles

Importance of Company Secretary in the Organization

Posted by Manjit Banga 18 April 2013 139331 Views

A company secretarys role in a company is very important. Apart from acting as a link between the board of the organization and the various stakeholders, government and other regulatory authorities, he/she also carry out all the duties like m

Is Gross receipt professional income of CA

Posted by Rupesh Srivastava 01 August 2019 22730 Views

On 12th April 2013 ITAT bench held that CA professional income, the service tax realised should have been included in the gross receipts unless paid to Government exchequer within the due date of filing of return. Further ITAT rejects assessee clai

Whether ST payable on erection of pandal or shamiana

Posted by Bimal Jain 17 April 2013 15296 Views

Whether Service Tax payable on service provided by way of erection of pandal or shamiana The Central Board of Excise and Customs (the CBEC) vide Circular No. 168/3/2013, dated April 15, 2013 has issued clarification on following issue

Analysis | Domestic Transfer Pricing

Posted by Bhanu Prakash Rao 13 April 2021 137954 Views

Domestic Transfer pricing Widening of scope of Section 40A(2), Transfer Pricing regulations to apply to domestic transactions, (Applicable for the AY 2013-14) Under Section 40A(2) of Income Tax Act, 1961 in case of any transaction with a rela

Practical aspects of Financial Closure for a Project (Part-2)

Posted by CMA Ramesh Krishnan 16 April 2013 15571 Views

Practical aspects of financial closure for a Project (Part-2) Debt finance: Means of project finance contains the combination of Equity Debt for the project proposal which may requires procuring the project capex items for make the

New Forms for filing appeal under Customs/Excise/ST:1-6-2013

Posted by Bimal Jain 16 April 2013 18137 Views

New Forms for filing appeal under the Customs, Excise and Service tax laws w.e.f 1-6-2013 Please note that the Central Government has amended the Customs (Appeals) Rules, 1982 [the Customs (Appeals) Rules] vide Notification No. 37/2013

Print money, get economy back on track!

Posted by MudraMantri 16 April 2013 9009 Views

Oh Gosh!! I just don't know why these Accounts Graduates do so much of show off. And in the name of heaven why they keep reading this picture less, pink paper. What is their apart from some economic jargon that describes how poor this economy

Registration and Payment under Reverse Charge Concept

Posted by Priyanka 16 April 2013 83945 Views

Subsequent to the introduction of sub-section (2) of section 68 under the Finance Act, 1994 (the Act), the central government has specified certain taxable services in respect of which a service recipient is required to pay service tax at the ra

Service Tax on Director's Services in Private Companies

Posted by Priyanka 16 April 2013 52701 Views

A Private Company has one Executive Director i.e. Whole Time Director and two Non-Executive Directors. The Whole Time Director holds 90% of the paid-up share capital in the company while the other 10% is held by five shareholders. A monthly fix

All about Gifts

Posted by G S Rao 16 April 2013 53860 Views

Introduction: Gifts are generally given by donors to show their love and affection. Sometimes gifts are used as a tool for tax planning. An attempt is made in this article to cover the essentials of a valid gift as per the provisions of the Transf