CAclubindia Articles

Search Report: A tool for inspection in hands of Banks

Posted by CS MOHIT SALUJA 06 May 2013 12915 Views

SEARCH REPORT (A Basic Tool for Inspection of Companys Records in Hands of Stakeholders Specially Banks) Now a day, Banks are more emphasizing on demanding Search Repots from Limited Companies while opening of Bank Accounts or giving the Lo

No Reversal of Cenvat Credit on Input Services U/R 3(5)-CCR

Posted by Bimal Jain 06 May 2013 28255 Views

No Reversal of Cenvat credit on Input Services U/R 3(5) of CCR, 2004 as applicable for reversal of Cenvat credit on inputs or capital goods only We are sharing with you an important judgement of Honble Kolkata CESTAT in the case of M/s Seven

Service Tax Return Filing: A Herculean Task

Posted by Rahul Chilal 03 May 2013 21123 Views

The last date of service Tax return filing for the Quarter July to September was on 30th April. Though previously it was 15th April, it was revised to 30th April. This was the return for the quarter in which many changes took place. Many notificatio

Get Ready for CA CMA Examinations - All is well

Posted by Ganeshbabu K 02 May 2013 30981 Views

Hi friends, ALL THE BEST FOR YOUR EXAMS I know that you all prepared very well for your exams .But it is not enough that you prepared well, it is equally essential that you present your answers well. Answer paper should be made attractive an

S. 2(47)(v), 54EC- Transfer of Property - Date of agreement

Posted by Rupesh Srivastava 01 May 2013 27625 Views

Recently on 26th April 2013, ITAT bench held that under Transfer of Property Act twin conditions - It is not necessary that both conditions should be satisfied in one year but at the same time only upon satisfying the second condition also it would

Procedure of Private Limited Company Incorporation

Posted by CS MOHIT SALUJA 01 May 2013 112635 Views

PROCEDURE OF INCORPORATION OF A PRIVATE LIMITED COMPANY IN A SIMPLE WAY (IN LAYMAN LANGUAGE) Most of the times, a no. of Businessmen who want to incorporate the company, instead of taking the initial help/ consultancy of PROFESSIONALS, try to se

Cenvat credit on Construction can be used for ST on Renting

Posted by Bimal Jain 27 April 2013 33616 Views

Excise paid on Inputs and ST on Input services used in construction can be utilized for discharging ST liability on renting of immovable property The Honble Tribunal in the case of Oberoi Mall Ltd. Vs. Commissioner of Service Tax [2013-TIOL-

Recent amendments for Electoral trusts

Posted by Gaurav Jain 26 April 2013 17741 Views

Note on Electoral Trust With an object to reform the system of funding to political parties , the Finance Act (No. 2), 2009 introduced a set of provisions (Section 13B) for the electoral trust under the Income Tax Act, 1961 (the Act). Sectio

Company Secretary Course - Things To Know Before You Choose

Posted by Manjit Banga 26 April 2013 277349 Views

Students often get confused when it comes to selecting courses which they want to pursue and which will shape their future. Taking such a decision is not as easy as it sounds. You have to understand a lot of things before you choose a particular car

One profit level indicator of a comparable

Posted by Rupesh Srivastava 25 April 2013 10490 Views

HC: Tribunal was wrong in holding that if one profit level indicator of a comparable Whether, in view of the first proviso to section 92C(2) of the Income-tax Act, 1961, the Tribunal was correct in holding that if one profit level indicator of a co