CAclubindia Articles

Performance of Indian Boards

Posted by Sonia Jaspal 26 June 2012 11118 Views

The board of directors have the responsibility for steering the organization in the right direction and guiding the CEO and senior management. However, worldwide they are lambasted for catering to the manifested interest of CEO and senior manageme

Negative List - Impact on Construction Industry

Posted by CA.Manindar Kakarla 25 June 2012 41702 Views

Introduction: As you all are aware, Government has proposed to introduce Negative list taxation of services in Finance Budget 2012, it has been notified that this new scheme will come int

Insurance Claim: - An Easiest Approach to Understand

Posted by praveer 25 June 2012 200588 Views

Introduction: There are various risks attached today with business, whether it is small, medium, or large. One of the major risks is losses suffered by businesses due to fire, theft or earthquake. Insurance companies ready to bear these losses if t

Closing a Company

Posted by Priyanka 25 June 2012 59258 Views

A company may wind up its affairs in two ways:- Fast Track Exit Voluntary Winding Up

Latest on Negative List

Posted by sumit bhatia 25 June 2012 105557 Views

Negative List of Service Tax In the Existing List ,only the services specified in clause (105) of section 65 of the Finance Act ,1994 are taxed under the charging section 66.In the new system ,all serv

Understanding Income from Other Source with Latest Case Laws

Posted by Manish Kumar Agarwal 25 June 2012 105938 Views

Any income which does not fall under the heads of Salary, House Property, Business & Profession and Capital Gain will fall under the head Income from Other Source. Hence, this is the residuary head of income. Hence, it is very important to under

Transfer Pricing - Specified Domestic Transaction

Posted by Jinesh Bhagdev 23 June 2012 68531 Views

Transfer pricing until now was applicable to companies having cross border transactions with their ASSOCIATED ENTERPRISE. However, Finance Bill 2012, honoring the supreme court ruling in case of CIT vs. M/S Glaxo Smithkline Asia (P) Ltd. (Special

Additional services exempted under Service Tax

Posted by CA Siddhartha Bhardwaj 22 June 2012 46882 Views

The Central Government had issued N/N 12/2012 dated 17-03-2012 exempting certain taxable services from the whole of the service tax. Now, the Central Government has issued N/N 25/2012 (called the Mega Notification) dated 20-06-2012 in supersession o

Tax Saving Tips

Posted by SHIKHA SONI 22 June 2012 55297 Views

For most of the people tax savings brings to mind life insurance, PPF, NSC, and equity-linked savings scheme, among others, that qualify for tax deduction under Section 80 C of the Income-Tax Act. An individual can claim tax deduct

Deemed Sale v/s Declared Service-Controversy C/F to negative list

Posted by Pradeep Jain 21 June 2012 16216 Views

DEEMED SALE V/S DECLARED SERVICE CONTROVERY C/F TO NEGATIVE LIST An article by:- CA. PRADEEP JAIN CA. PREETI PARIHAR Introduction:- Deemed sale it is a critical aspect of the Sales Tax law and it is going to