CAclubindia Articles

Benefits u/s 80ID

Posted by CA Ayush Agarwal 23 August 2012 38822 Views

Five year tax holiday for hotels located in specified districts having a world Heritage Site. Section 80-ID of the Income-tax Act provides for a five year tax holiday to new hotels of two, three and four star categories and convention centres. It

Landmark judgement in competition act explained

Posted by Member (Account Deleted) 23 August 2012 27153 Views

Introduction In the month of June 2012, competition commission had passed a judgment (Case no 29/2010 Builders Association of Indias case) in a complicated case which involved interpretation of economic variables and substantial que

Strategy for clearing CA Final - Part 1

Posted by pratik jain 23 August 2012 284948 Views

Hi folks . I cleared CA FINAL in NOV 2011 in my FOURTH ATTEMPT! So most people will say I have no right to give GYAAN on how to pass ca final in one sho. But hey!! before you write me off let me tell you i am the right person because i know what

SEBI, Investor Protection and Mutual Fund industry in India

Posted by Yogesh Kumar 20 August 2012 21713 Views

The primary objective of SEBI is investor protection but it is a moot point to debate whether and to what extent SEBI has been successful in protecting the investors. From the time in early nineties when SEBI was set-up till now numerous situations

Stamp duty on transfer of shares

Posted by G S Rao 20 August 2012 171924 Views

Introduction As per Indian Stamp Act,1899, Stamp duty is payable on instruments and an instrument has been defined as any document

FAQ on Service provided by Directors to Company

Posted by Bimal Jain 18 August 2012 55104 Views

FAQ on Service provided by Directors to Company The CBEC has issued Notification No. 45/2012-ST dated 7-8-2012, amending the Notification No. 30/2012-ST dated 20-6-2012 and expanded the scope of reverse charge mechanism. With effect from 7-8-2012, s

November 12- It is all about earning respect!

Posted by CS LLB Pulkit Gupta 18 August 2012 25125 Views

It is all about earning respect!! 18th August, 3.50 am 2Silver and 4 Bronze i.e. London Olympics has given us 6 new names to cheer for next 4 years. But what about the other 77 athletes who competed in 13 sports!! You know Olympics are very much

An overview of Life Insurance Contracts

Posted by Victor J uruvath 18 August 2012 12195 Views

Introduction Insurance is a contract between two parties namely insurer and the insured (policyholder) whereby insurer agrees to indemnify or to pay a certain sum of money to the

Service tax on Director's remuneration payable by companies

Posted by CA Meenu Garg 18 August 2012 153271 Views

All the companies are required to pay service tax under reverse charge on any remuneration paid to its directors whether in the form of money or otherwise and thresh hold limit of Rs. 10 lakhs will not be applicable on such case. As per the ame

Transfer Pricing & Role of Company Secretaries

Posted by Jinesh Bhagdev 18 August 2012 18203 Views

A Company Secretary holds a key position in any Company as the Compliance Officer of the Company. A Company Secretary is responsible for all regulatory compliances of Company. A Company Secretary supervises the finalization of Annual Accounts of a