CAclubindia Articles

RULE 3 (5B) of the CCR - Write-off or 'Provision to write-off' versus Cenvat Reversals, Analysis

Posted by Manoj Pala 31 May 2013 43955 Views

RULE 3 (5B) of the CCR - Write-off or provision to write-off versus CENVAT Reversals, Analysis We refer to Sub-rule (5B) of Rule 3 of the CCR states that if the value of any: (i) input, or (ii) capital goods before being put

Civil Services - My Cup of Tea - Part-1

Posted by Gaurav Arya 30 May 2013 52771 Views

When the result of Civil Services 2012 was declared it brought a huge smile on the face of the whole CA community reason being a Chartered Accountant coming up with flying colours in that examination. The 3rd rank holder of CA Examination 20

Know More about NBFCs (FAQs)

Posted by Kumar A. Ranjan 30 May 2013 18099 Views

FOREWORD The Reserve Bank of India is entrusted with the responsibility of regulating and supervising the Non-Banking Financial Companies by virtue of powers vested in Chapter III B of the Reserve Bank of India Act, 1934. The regulatory and supervis

No Forfeiture Proceedings under CST Act, 1956

Posted by Vasanth Kumar J K 30 May 2013 19060 Views

STATEOF A.P Vs HINDUSTAN CABLES LTD [2013] 57 VST 284 (AP) Fats of the case: Assessee M/s. Hindustan Cables Limited, Cherlapally, was assessed to tax under Central Sales Tax Act, 1956. The Assessing A

Impact of Service Tax on Different Audits

Posted by Madhukar N Hiregange 29 May 2013 83681 Views

This article provides some inputs on what care a CA should take or at least shouldbe aware when conducting the tax audit, internal audit or statutary audit. We have included some

Campus Interview Question

Posted by Nitin Agrawal 29 May 2013 42871 Views

As a CA fresher we know much on Accounting, Auditing, Taxation & Finance concepts but when it comes to practical exposure, we may not have idea of procedural aspects which take place in corporate. Freshers who have done their internship f

Arrest - Prosecution Under Central Excise & Service Tax

Posted by Madhukar N Hiregange 28 May 2013 49774 Views

The recent announcement on arrest has seen a flurry of activity to those wh

Analysis of recent decision in Service Tax

Posted by Madhukar N Hiregange 28 May 2013 50196 Views

SERVICE TAX Analysis of Recent Judgments The professional who wishes to practice in service tax or take care of service tax in compani

Should I Do Articleship or take a Dummy

Posted by Nimish Goel 28 May 2013 57722 Views

It is very sad and disappointing when students approach me and ask whether they should do proper articleship in a CA firm or should they take a dummy. This sadness comes from the very fact that our Institute

Property Transactions and new tax effect

Posted by CA Prashant Gupta 28 May 2013 42978 Views

Property transactions Budget 2013 amended some sections related to property transactions. These amendments effect a person in many ways. Some are described below: When there is difference between property value and stamp duty value exceeds 50,000/-: