Rajasthan High Court in a very important case namely ACTO vs Jain Hardware Stores has held that no penalty can be levied in the provisional assessment as for leving penalty definite findings and conclusions and many things have to be proved, therefor
Introduction:- The date of 01.07.2012 was a critical date in service tax laws because from this date the service tax laws underwent gigantic change. The concept of Negative list&rdq
Incurring minimum possible cost or generating maximum possible return is at the centre of any financial analysis. The same is the central theme while evaluating the various means in which an asset can be financed.
The term "Private equity" has become a jargon in the world of investment. As per the famous authors Gillian & Wright, "Private Equity is risk capital provided in a wide variety of situations, ranging from finance, provided to busin
ICAI (CMA) presents global practice of costing to MCA Expert Committee, will MCA accept? First of all, GOI and MCA have to take a call for setting up policy for compulsory cost audit once again in India. And ICAI (CMA) needs to provide all the requir
Why this article? I feel this article is needed in current business environment where each person is equipped with access to internet, content creation, social media and much more that collectively enables them to speak out and express what they feel
Like many others, we all think real estate investment as something big and far away when we are in early stages of our career. No doubt it is, but it can be made much easier, if you just do some calculations around.A few thumb rules or basic facts t
Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w
I often meet recently cleared or about about-to-be Chartered Accountants. Many a times, I also bump
Dear Professional Colleague, Clarification on Major issues pertaining to refund of Cenvat credit to Exporters We are sharing with you the recent judicial pronouncement of the Honble Bangalore CESTAT in the case of Apotex Research Pvt. Ltd. &am
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