Others Articles

CA Final Results Account

CA Nayan Gupta 11 August 2014 at 11:04

As an intro, I am a CA Final student doing my articleshihp in Deloitte and having my CA Final exams in May'15. Yesterday it was the day, the day when CA final results were declared. There was a great hustle and bustle in the office. Everyone was

Finance Bill 2014 got Presidential assent on 6th August 2014

Sushil Kr Goyal 09 August 2014 at 11:52

Following changes as proposed by the Finance Bill 2014, became applicable. Amendment - Finance Act, 1994 1) Time limits for adjudication: Time limits for completion of adjudication: (i) 6 months from date of notice, in bonafide cases and(ii) 1 year f

Education System for Super Power India

CA Rajesh Pabari 08 August 2014 at 11:01

The moments of inspiration for this article - It was 9th July, 2014, I was checking my Facebook newsfeeds wherein I found this status update from a student Our reaction when four lectures of presentation got cancelled..Wopppppppppieeee

Incentive for setting up industrial unit in Maharashtra

CA Umesh Sharma 05 August 2014 at 11:05

KARNITI PART:48WHY PACKAGE SCHEME OF INCENTIVES 2013 BENEFICIAL FOR SETTING UP INDUSTRIAL UNIT IN MAHARASHTRA Arjuna (Fictional Character): Krishna, What incentives are available from the Government on setting up a Business /Indust

Amendment in Rule 6(8) Of CCR - Treating Malaria Patient with the medicine meant for typhoid

Pradeep Jain 04 August 2014 at 11:36

Introduction: Budget, 2014 is said to be the first step of Modi Government towards Achhe din. However, to the Central Excise and service tax assessees it has come up with mixed feelings. It has fulfilled few desires by bridging certain

Grossing up of Dividend for distribution tax - increase in effective Dividend Distribution tax rate of 3.47%

rajat aggarwal 02 August 2014 at 12:58

The Finance (No.2) Bill, 2014 proposes to levy pidend distribution tax by grossing up the pidend payable for the purpose of computing liability towards pidend distribution tax. As per the existing provision of Section 115-O pidend distribution tax at

Salman Khan gets a kick

Guest 01 August 2014 at 12:23

In a recent decision pronounced by Honble ITAT (Mum) on 30-07-2014 in case of Salman Khan vs. ACIT wherein the assessee had claimed various legal expenses incurred for defending himself in various criminal proceedings pending in the court. The

PSF, PFY and Tow- Ache din aa gaye hai

Pradeep Jain 01 August 2014 at 12:15

There was litigation on the point of taxability of ‘Tow’ which is an intermediate product in the manufacturing of Polyester Staple Fiber (PSF) and Polyester Filament Yarn (PFY) manufactured from plastic waste or scrap or plastic waste in

Reasoned orders and principle of fairness in administrative actions-a need of the hour

Amit Bajaj 29 July 2014 at 12:13

It is the general tendency of the adminstrative authorities more so of the tax authorities to pass non-speaking orders or to pass orders in violation of principle of fairness and rules of natural justice, without giving any opportunity of being heard

Qs & As on the proposed New Tax Regime for REITs and InvITs

Nilesh Patel - CPA (USA), IRS 28 July 2014 at 11:51

The legendary Counsel Shri Soli Dastur recently on 14th July 2014 presented his illuminating analysis of the Direct Taxes proposals of the Finance Bill, 2014 (the recent Budget) at the Lecture Meeting organized by Bombay Chartered Accountants Society