CAclubindia Articles

Very simple Exam Advice!!!

Posted by RG - A Helping Hand 04 May 2011 25010 Views

Hi All, For May 2011 Exams here an attempt has been made to share or contribute something from my side in the form of my first article. Hence you are humbly requested to have a look at the few points mentioned below: 1. First of all be ver

A short note on section 80CCC of Income Tax Act 1961

Posted by Amit Bajaj 04 May 2011 416814 Views

Section 80CCC of Income Tax Act 1961 deals with the deductions and income in respect of contributions to certain Pension funds by an individual assessee. Herebelow the relevant provisions of section 80CCC are discussed. To whom the deduction is av

Double Taxation or fair taxation?

Posted by U S Sharma 03 May 2011 25343 Views

Softwares are now charged with service tax as well as Value added tax, and lots of confussion appears in field, now is the industry really facing double taxation ? let us analize the facts ,,,,,,,,,,,,,,,, Taxable Service means any s

Analysis of Cenvat Credit - Changes in FA 2011

Posted by Madhukar N Hiregange 03 May 2011 81039 Views

Analysis of Cenvat Credit- Changes FA 2011 By Madhukar.N. Hiregange, FCA Introduction: The primary object o

Dispute - Genesis to Resolution

Posted by Madhukar N Hiregange 02 May 2011 11630 Views

Handling of Departmental Proceedings - Survey, Search & Seizure, Adjudication Proceedings and Appeals CA Madhukar N. Hiregange The objective of this article is to summarise the basic backgrou

Few questions on Service Tax and Vat

Posted by Member (Account Deleted) 02 May 2011 85552 Views

SERVICE TAX & VAT Dear Student,These are important questions for revising again in last days.Please do complete course and then refer these Q & A.Dont take this as a short-cut.Although I promise you, these questions are picked after

eXtensible Business Reporting Language (XBRL)

Posted by CA DHIRAJ SATNALIKA 30 April 2011 23983 Views

An Introduction to XBRL XBRL is a language for the electronic communication of business and financial data which is revolutionising business reporting around the world. It provides major benefits in the preparation, analysis and communication of bus

Clarification regarding sending copies of Balance Sheets

Posted by CS DHANAPAL 30 April 2011 13430 Views

Dear All Sometimes before Postal Department has discontinued the UPC service namely the facility of Certificate of Posting. Consequent upon which our Ministry of Corporate Affairs had permitted the service of documents upon the Shareholder

Failure to voluntarily apply sec 50C does not attract penalty

Posted by Amit Bajaj 29 April 2011 16747 Views

The ITAT Mumbai has given an important decision on levy of penalty u/s 271(1)(c) of Income Tax Act when a person fails to declare capital gain as per the deeming fiction of section 50C, I find this Judgment very useful and sharing it for the benefit

Certificate of Commencement of Business- In case of SLP

Posted by CS Ankur Srivastava 29 April 2011 16013 Views

1. Requirement for obtaining commencement of business certificate A public limited company having share capital cannot commence business until it has obtained the certificate to commence business from the Registrar of Companies. Normally,