CAclubindia Articles

PF to be contributed on Allowances

Posted by Rakesh Rao 12 December 2012 34366 Views

The Employees Provident Fund Organisation (EPFO) has issued a circular no. 345 dated 30.11.2012 to the Additional CPFCs, Provident Fund Commissioners and Assistant PF Commissioners regarding Guidelines for Quasi-judicial proceedings under Section

Summary of AS 18

Posted by CA Chirag Haraniya 11 December 2012 176690 Views

Crux of AS - 18 : 1. The objective of the accounting standard is greater transparency and disclosures with regard to related party relationship by the reporting entity. 2. Related Party relationships arise on either of the two below: a)

Service Tax liability on Chitty business - HC

Posted by Rupesh Srivastava 11 December 2012 18447 Views

MAPRANAM FINANCE AND INVESTMENT COMPANY (P) LTD vs UOI and Others (High Court) Whether the activity of the Chitty establishments was constituting any 'cash management' to attract service tax. Held, yes Service Tax on Chitty business - C

What's there in the name?

Posted by Prof. Bajaj 11 December 2012 14759 Views

Buss Naam hi Kaafi hai might be an impressive punch line for our favorite actor or to promote some product, but when it comes to making investment decisions, go by what Shakespear says, Whats there in the name ?

For the Outstationed students

Posted by CA Hareesh 10 December 2012 12919 Views

A sincere gratitude for all those who cared to give me a good debut and that has encouraged me to come up with yet another article. As you grow up, you tend to travel more and in few circumstances you may happen to stay away from your home town, f

Service Tax And Reimbursements

Posted by CA. SRIKANTHA RAO T 10 December 2012 34338 Views

Ever since the introduction of Service Tax we have had to contend with a plethora of issues concerning the subject. While issues concerning levy and classification are being faced by assesses e

Balanced Score Card into Budgets

Posted by Indraneel Sen Gupta 10 December 2012 11484 Views

Balanced score card effect is only being restricted or being applied only to the financial perspective of the organization. Even in the western world from where the Balance score card came into affect into the management books was also remained

Reimbursement of Expenses not subject to Service Tax

Posted by Bimal Jain 08 December 2012 46992 Views

We are sharing with you an important analysis of judgment of Honble Delhi High Court in the W.P. (C) 6370/2008 of Intercontinental Consultants and Technocrats Pvt. Ltd. Vs. Union of Ind

IFRS 3 and Goodwill

Posted by Sanjay Chauhan (IFRS) 08 December 2012 27485 Views

Introduction: With the introduction of revised schedule VI, India has shown its intent to Converge Indian Accounting Standards (Ind AS) with International Financial Reporting Standards (IFRS) read with 41 International Accounting Standards (IAS) and

TDS under Section 194A

Posted by Ankit Gupta 07 December 2012 629551 Views

TDS under Section 194A Delayed Payment of Purchase Bills By CA. Ankit Gupta (argtaxconsultants@gmail.com) Issue: Whether there is any requirement of withholding tax (TDS) under section 194A of the Income tax Act, 1961 (