Articles by CA Prakash Sajnani
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Crude Downslide - Why are the Oil Cos Still Bleeding
CA Prakash Sajnani 04 February 2015 at 10:26With the quarter 03 balance sheets of the many Oil marketing companies being on the verge of finalization the expectation of the General Public is that the Oil Marketing Companies (OMCs) also known as the downstream companies will make substan
An Insight - Mandatory Pre Deposit
CA Prakash Sajnani 31 January 2015 at 11:54Finance Bill (No.2) 2014 has vide Clause 98 has proposed an amendment in Section 35F of Central Excise Act that the appeal against an Order passed by lower authorities will not be entertained unless the appellant has made a pre-deposit of 7.5 per cen
Variable Interest Rates - Service Tax
CA Prakash Sajnani 28 January 2015 at 10:51Variable Rates of Interest for Delayed Payment of Service Tax Prescribed By Notification No. 12/2014-ST Dated 11-7-2014:- To encourage prompt payment of Service tax, new interest rates on delayed payments under Section 75 of the Finance Act, 1994, wh
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