CAclubindia Articles

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

Posted by Rupesh Srivastava 12 September 2012 61385 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

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

Posted by Ashish Kedia 11 September 2012 25148 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

Risk Assessment of Marketing Function

Posted by Sonia Jaspal 11 September 2012 12638 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

Clarification on Reverse Charge Mechanism of Service Tax

Posted by CA Prashant Gupta 10 September 2012 55922 Views

Hello everyone, Thank you very much for a great responce on my article reverse charge mechnism of service tax. I have received lots of mails for seeking clarification. I am trying to solve some major issues in reverse mechanism. Since the introduc

Report of Expert Committee on General Anti Avoidance Rules

Posted by Hiral Raja 10 September 2012 7804 Views

Honble Prime Minister had constituted an Expert Committee on General Anti Avoidance Rules (GAAR) to undertake stakeholders consultations for finalization of guidelines to ensure greater clarity on GAAR issues. The Expert Committee af

Cases pending trails in various courts in india

Posted by cs A Rengarajan 10 September 2012 10351 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

Security of Career in Profession like CA

Posted by Deepak kumar sharma 10 September 2012 30152 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

Excise - Price declared below cost of manufacture

Posted by Bimal Jain 10 September 2012 21492 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

Service tax on Vocational education/training courses

Posted by Bimal Jain 10 September 2012 460654 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