CAclubindia Articles

Lower/Nil rate of tax deduction certificate for works

Posted by Amit Bajaj 13 September 2012 14401 Views

It is ussualy seen that works contractors registered under Punjab VAT Act, 2005 have always refund to claim from the Excise & Taxation department due to the fact that their final tax liability is much lower/Nil than the tax deductions made u/s

Recent ruling on Capital Gains as reported

Posted by Rupesh Srivastava 13 September 2012 33678 Views

1. S. 54F: Capital Gains Investment in residential house- Exemption Investment in four 4 flats Held that exemption allowed as requirement of assessee family met-out only by enlarging residential unit by merging 4 flats and th

Landmark ruling on Sec 14A-Updated as on 11th Sep

Posted by Rupesh Srivastava 12 September 2012 61343 Views

S. . 14A provides for the disallowance of expenses incurred in relation to the income, which does not form part of the total income of the assessee. 14A. [(1)] For the purposes of computing the total income under this Chapter, no deduction shall be

Ignorance of law is an excuse

Posted by sivadas chettoor 12 September 2012 40731 Views

INTRODUCTION :- Law is all pervading. Almost all your actions are regulated by law except a few. We have all sorts of law like personal, family, civil, criminal, revenue, commercial, taxation, public and private int

Risk Assessment of Marketing Function

Posted by Sonia Jaspal 11 September 2012 12610 Views

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov

VAT (What) is the confusion all about on sale of flats - Part 2

Posted by Ashish Kedia 11 September 2012 25131 Views

This article is the concluding part out of the two part series on this subject. This has been presented from the developers perspective. The views expressed in this series of articles are personal. It need not be said that taxation of works

Service tax on Vocational education/training courses

Posted by Bimal Jain 10 September 2012 460616 Views

Service tax on Vocational education/training courses TRU has issued a Circular No. 164/15/2012-ST dated August 28, 2012 clarifying certain issues in relation to levy of service tax on certain vocational education/training/ skill development courses

Excise - Price declared below cost of manufacture

Posted by Bimal Jain 10 September 2012 21471 Views

Whether the price declared below the cost of manufacture can be regarded as Normal price for chargeability of Excise duty. Dear Professional Colleague, We are sharing with you a recent judgment of the Honorable Supreme Court, New Delh

Security of Career in Profession like CA

Posted by Deepak kumar sharma 10 September 2012 30116 Views

Now a day, some bad news, views and experiences are floating everywhere related to lack of employment in CA profession. Some people are saying that now CAs are getting the status of B.com graduates. They also refer to campus placements organi

Cases pending trails in various courts in india

Posted by cs A Rengarajan 10 September 2012 10335 Views

Alternate Dispute resolution and cases pending trails in various courts in india - By CS A Rengarajan Let us see pending cases reported in various high courts, subordinate courts and Supreme Courts as per news items published Times of India dated 20