CAclubindia Articles

Determination of Time & Rate in ST (Point of Taxation Rules)

Posted by Pradeep Jain 03 March 2011 6614 Views

Determination of Time & Rate in Service Tax (Point of Taxation Rules, 2011) Prepared By: CA Pradeep Jain, CA Preeti Parihar And Mayank Palgauta INTRODUCTION:- In respect to the service tax Law, the Central Government of India, as alway

Sudden hike in interest rate

Posted by Pradeep Jain 03 March 2011 7683 Views

Sudden hike in interest rate Prepared By: CA Pradeep Jain CA Rajani Thanvi The Interest liability is amplified in all the sections of custom, excise and service tax to 18% as from earlier of 13% per annum from this budget. This is one of highe

Changes in Penal Provisions under Service Tax

Posted by Pradeep Jain 03 March 2011 53647 Views

Changes in Penal Provisions under Service Tax Prepared By: CA Pradeep Jain and Sukhvinder Kaur, LLB[FYIC] The Budget 2011 has proposed to bring effective changes in the penal provisions for violation of Service Tax laws. The changes brought in

Why CAs should now target IIMs

Posted by ANANDH SUNDAR 03 March 2011 44965 Views

Hi friends, I'm a 1st yr student at IIM-A and have finished my PCC/articleship(CA Final sometime in the future. At the outset, let me clarify that this is NOT a CA v/s MBA debate, neither is this an engineer v/s CA debate. The point of this art

A few thoughts on Section 14A

Posted by Ryan Saldanha 03 March 2011 7848 Views

Income-tax Act, 1961 has so many complicated provisions. I feel it is best to uncomplicate that which is complicated. As Denzel Washington said in movie PHILADELPHIA, All right, Mr. Laird, explain this to me like I'm a four-year-old

10 Lessons from Ireland vs. England match

Posted by Member (Account Deleted) 03 March 2011 8725 Views

10 Lessons from Ireland vs. England match IT MAY BE USEFUL IN OUR CA COURSE LESSONS IMPLEMENTATION IN CA STUDY 1. Dont Under estimate to weak teams. Do

Income declared u/s 44AD-no need to explain each cash deposit

Posted by Amit Bajaj 02 March 2011 29009 Views

Income declared u/s 44AD- Assessee not liable to explain each entry of cash deposit. I have found the following Judgement very useful for small assessees who declares their income under presumptive income schemes and I am sharing it here for benefit

Audit Programme of Small Bank Branches

Posted by CA KRISHNA KUMAR DARUKA 02 March 2011 23687 Views

AUDIT PROGRAM OF SMALL BRANCHES OF BANKS By CA Krishna Kumar Daruka Friends the bank audit time is nearing.

Hold your nerves on Match/Exam day- ICAI Cup Part-2

Posted by CS LLB Pulkit Gupta 02 March 2011 10431 Views

ICAI CUP 2011- HOLD UR NERVES ON MATCH/EXAM DAY WHY I APPLY FUSION i.e. MIX MY TIPS WITH OTHER TOPICS!!Friends I am back with the 2nd part of series ICAI CUP 2011. People have asked me that why I merge the exam tips with other disciplines/su

Ceiling rate on Declared goods under CST Act incresed to 5%

Posted by Amit Bajaj 02 March 2011 32091 Views

It has been proposed in the Budget 2011-12 to increase the ceiling of 4% on declared goods under section 15 of CST Act to 5%. Currently State Governments cannot levy VAT more than 4% on declared goods. Declared goods are those goods which are of