CAclubindia Articles

Determination of Date of which rate of service tax to be taken

Posted by PUNEET GOYAL 31 March 2012 44967 Views

PRECAUTION TO BE TAKEN FOR TAKING RATE OF SERVICE W.E.F 01.04.2012 (Either 10% or 12%) (Before proceeding further please read the disclaimer at the bottom of this write up) With effect from 01.04.2012, rate of service tax has been increased from 10%

E - I Transaction

Posted by Guest 30 March 2012 14923 Views

Transit Sales under the CST Act. Transit sales These are generally known in the market as 'LR sales', , 'subsequent inter-State sales‟ and 'E-I sales'. However these words including the words transit sales‟ do not find

Budget Changes in CENVAT Credit Rules

Posted by CA.Manindar Kakarla 30 March 2012 35750 Views

Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their

Core Investment Company - An Insight

Posted by CA Kishore Tallam 30 March 2012 35976 Views

Core Investment Company (CIC): On August 12, 2010, the Reserve Bank of India (RBI) issued a notification DNBS (PD) CC.No.197/03.10.001/2010-11 prescribing the regulatory framework of a Core Investment Company. On January 05, 2011, the RBI issued

Burning issues in Direct taxes Budget- 2012

Posted by CA Nikhil Jhanwar 30 March 2012 19909 Views

BURNING ISSUES IN DIRECT TAXES The present Budget has made various amendments and changes in respect of income taxpayers. Here is the critical analysis and impact of the major changes in Budget 2012 in respect of personal Income Tax: E

To all CPT Cleared Students Going for IPCC

Posted by Aravindh K 30 March 2012 27302 Views

Some Thing to know before u guys dive into the toughest phase of Chartered Accountancy! (This text might seem boring and odd-sized but as a student of CA, I'm sure you can take it![;)] ) Well.What is tough in this phase

Don't Retire Hurt!

Posted by Prof. Bajaj 30 March 2012 7204 Views

Retirement Planning has become a buzz-word these days! Every newspaper, every news-channel seems to talk something or the other about retirement planning. What is more surprising is, when talking about retirement planning, everyone is just talki

Tax Hell?

Posted by Venkatesan.k 30 March 2012 4998 Views

Introduction Finance Ministry, while presenting the much disillusioned and indifferent Union Budget with heavy fanfare and subsequent silence, brought out an amendment that took many people by surprise. It was not just a normal amendment. Rathe

Budget changes in service tax relating to Construction Industry

Posted by CA.Manindar Kakarla 28 March 2012 25920 Views

New Definition for Work Contract A new definition for the Work Contract has been introduced through Sec 65B (54) and is as follows: "Works contrac

Hope, Joy and Optimism

Posted by Deepak kumar sharma 27 March 2012 12578 Views

This article is all about motivation and inspirations. This is just a bunch of noble thoughts. You can change your destiny by changing your thoughts. If you think high and positive and you are also hard working, struggler and consistent then nobody