CAclubindia Articles

Payment to Non Residents - Issues, Compliances and other related Matters

Posted by CA bhargava 01 December 2012 12043 Views

In the growing era of Globalisation and the political situation where the government has opened up the gates for the Foreign Players to I

Service Tax on Parking Charges

Posted by Ankit Gupta 30 November 2012 42093 Views

Prior to 01.07.2012 Prior to Negative List concept, Renting of immovable property excluded land used for parking purpose. The

Reverse mortgage

Posted by Venkat Rao Marella 30 November 2012 21882 Views

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)

Posted by CA Ankit Gulgulia (Jain) 30 November 2012 55371 Views

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

Revenue should furnish AIR information received to Assessee

Posted by Rupesh Srivastava 29 November 2012 8210 Views

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

Proceduration for Formation and Registration of Producer Company

Posted by Ajay Mishra 29 November 2012 89821 Views

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

Innovative Benchmark Indexes

Posted by Indraneel Sen Gupta 29 November 2012 6395 Views

Innovation is not a business. It is now a need and a part of everydays life. The terms "benchmarks" and "indexes" are often used interchangeably, but they are actually unique terms that describe different things. All ind

Ind AS 16 Industry Impact and Way Forward

Posted by Sanjay Chauhan (IFRS) 28 November 2012 9022 Views

In continuation of my previous article, this writeup brings out the brief differences between the two GAAPs and shares the industry impact analysis. Takes away from this article are part of the way forward section at the end. Major differences bet

Basic Concepts of Credit for Beginners

Posted by Balasubramanian 28 November 2012 17598 Views

Credit Basic Concepts We often hear that Business enterprises avails credit facilities in the form of Cash Credit and Term Loans from Banking system in order to meet the funding requirements of the business

Zero Distraction Study Mechanism

Posted by CA Hareesh 28 November 2012 18770 Views

This is my debut article in CCI and it gives me an immense pleasure on presenting it to you all. The mechanism of doing a fully focussed study is what a major concern for many o