REVERSE CHARGE MECHANISM OF SERVICE TAX (RCM) With effect from 1-7-2012 , the central government has notified the new partial reverse charge mechanism for the payment of service tax in respect of certain taxable services.
Today I thought of writing about the global economic crisis of 2008.As a student of finance, we must know how it all started, what went wrong and where are we now. I have tried to explain the crisis in a very simple yet informative manner. So to
Short Note on Concept of Advance Tax Liability for payment of Advance Tax:-
Gupta and team (argtaxconsultants@gmail.com) Facts: M/s. XYZ India Pvt. Ltd (100% subsidiary of a MNC) receives commission Income from the MNC(Parent Company) on account of booking orders
In the growing era of Globalisation and the political situation where the government has opened up the gates for the Foreign Players to I
Prior to 01.07.2012 Prior to Negative List concept, Renting of immovable property excluded land used for parking purpose. The
What is Reverse mortgage and how does it operate ? It is a type of mortgage in which an owner of a residential property in Indian can borrow money against the value of his or her home. A reverse mortgage provides stream of income flows which normall
Service Tax on Real Estate A Practical Perspective (Part A & Part B) This article aims to discuss few essential issues that require to be addressed in light to the changes brought by negative list provisions, the jeopardy created b
Recently on 24th Aug 2012, ITAT held that Revenue should furnish AIR information received to Assessee - Principles of natural justice Assessee invested in mutual funds along with his wife. The assessing authority, after receiving information from A
INTRODUCTION The Government of India through an amendment in the Companies Act, 1956 by the Companies (Amendment) Act, 2002 incorporating a new part IXA dealing with Producer Comp
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English