CAclubindia Articles

FAQs: Partial Reverse Charge - Service Tax

Posted by Bimal Jain 21 September 2012 112351 Views

Service Tax Partial Reverse Charge Mechanism FAQs Under the Reverse Charge Mechanism the Service recipient is liable to pay service tax in cash, directly to the Government Treasury on notified services as per Notification No. 30/2012

Primer on Belated Returns

Posted by K Srinivas, CMA CS 21 September 2012 13204 Views

Now that the extended last date for filing your Income tax returns for the year 2011-2012 is over on 31st August 2012 , what options do people who have missed the deadline have? How about filing the returns now after the due date? Here are the det

Introduction to writ petition in relation to taxation matter

Posted by ANIL KUMAR BEZAWADA 20 September 2012 30988 Views

As per Article 226 of Constitution of India every High Court can issue any direction or order or writ to enforce for enforcement of rights which are in the n

FDI in Retail: The Darker Side

Posted by akash gupta 20 September 2012 24080 Views

Over the past week the topic FDI in multi brand retail has become a platitude with most of us professionals painting a rosy picture of the supposed benefits that such a policy will usher and the sweeping change it will bring. However, I hold a lit

Financial Modeling

Posted by *RENU SINGH * 19 September 2012 23647 Views

Financial modeling means creating an abstract form of a financial decision of an organization. The decision can be regarding a cost of project, financial planning, discounted cash flow, capital budgeting. Normally financial modeling is done by MBA

Tax deduction at source: An Introduction

Posted by Tony John 19 September 2012 70236 Views

Introduction Tax is one of the major sources of revenue for the government of India, which is primarily utilized for meeting various obligations it has towards the people like education, infrastructure, defence and so on. Income tax turns out to

FDI in retail

Posted by CMA Arif Farooqui 18 September 2012 24429 Views

Dear Professional Friends, There is much cry about FDI in retail but on analysis it on economical point of view, I found in present situation, FDI in retails in very beneficial for Indian Economy. If you remember, same type of buzz was created at

Understanding consideration to determine Service Tax payable

Posted by CA Meenu Garg 18 September 2012 26999 Views

A clarity is must as far as the term consideration is concerned. The phrase consideration has not been defined in the Act. But the explanation (a) of section 67 gives inclusive definition of consideration stating that i

Foreign Direct Investment in Limited Liability Partnerships

Posted by Devesh Pandey 18 September 2012 19165 Views

FDI IN LLPs IN INDIA AND SUITABILTY OF LLP STRUCTURE IN INDIA Limited Liability Partnership (LLP) is a developing form of corporate structure in India for doing business in India. It is a mix form of a limited liability company an