CAclubindia Articles

Preparation of Cash Flow Statement

Posted by RaGHuRaM 29 May 2012 183883 Views

Cash flow statement.As the name itself indicates the statement which only deals with inflow and outflow of cash (and cash equivalents) during the accounting year. Our work is to classify those inflows and outflows into three activities namel

A Negative List in Service Tax Levy- Impact on Construction Industry

Posted by CA Nikhil Jhanwar 29 May 2012 36671 Views

Introduction It was 18 years ago when the levy of service tax was introduced with a meagre three services which has now grown manifold to 119 services. The scope of services has

Analysis of Service Tax Rules, 1994

Posted by PUNEET GOYAL 28 May 2012 46945 Views

(Before proceeding further please read the disclaimer at the bottom of this write up) Service Tax Rules, 1994 are being amended as follows: A. As per Rule 2 (cd) of STR, 1994, now partnership includes a limited liability partnership. Now it wil

Submission of form 49 C by Liaison Office

Posted by Ca Anand Dubey 25 May 2012 61014 Views

Submission of Annual statement By Liaison Office in form 49C As per The Income Tax Second Amendment Rule 2012 , Rule 114DA inserted and form 49C is introduced to report annual statement of Liaison Office under section 285 of the Income Tax

Persons carrying on agency business or earning commission

Posted by Amit Bajaj 24 May 2012 30799 Views

Persons carrying on agency business or earning commission income should revise their return for A.Y 2011-12, if original return filed u/s 44AD In the Finance Bill 2012 section 44AD has been amended retrospectively w.e.f A.Y. 2011-12 to the effec

Structured Financial Products

Posted by CA. Anshul Jain 24 May 2012 23476 Views

Structured Financial Products is a combination of BOND + DERIVATIVES, Bond part is for Capital Protection

Office or Place of Profit?

Posted by G S Rao 23 May 2012 94037 Views

What is an office or Place of Profit? Introduction: The Companies Act, 1956 is one of the most voluminous Legislation. It contains 658 sections, 14 schedules and several forms for meeting the compliance. Although several Companies bills have bee

Analysis of Amendment in Cenvat Credit Rules, 2004

Posted by PUNEET GOYAL 21 May 2012 51791 Views

(Before proceeding further please read the disclaimer at the bottom of this write up) Notification Number 18 CE (NT) dated 17.03.2012 issued along with Budget 2012 has amended CENVAT Credit R

Audit of Educational Institutes (EI's)

Posted by SANYAM ARORA 21 May 2012 92424 Views

Greetings of the Day to All the Members of CCI Family! Friend's My last Article was on " Auditing - An Beginers Guide " and It Comprised of the Basics to Deal An Audit. http://www.caclubindia.com/articles/audi

GST - Levy/Chargeability

Posted by CA Subhash Bhaskar 21 May 2012 24020 Views

Dear Friends As we all know that the biggest indian tax reforms till date is going to be implemented in the coming future i.e. GST "Goods And Service Tax". In this move the roadmap for GST implementation has been made and ready to implemen