Articles by CA.Manindar Kakarla

Inclusion of Reimbursable Expenses

Posted by CA.Manindar Kakarla 06 February 2013 15083 Views

Inclusion of reimbursable expenses in the value of taxable services: CA. Manindar Introduction: It is quite common that service providers incur certain expenditure in the course of providing taxable services. These would be reimbursed by the servi

Valuation & Reverse Charge for Construction Industry

Posted by CA.Manindar Kakarla 05 July 2012 49109 Views

NEW VALUATION & REVERSE CHARGE MECHANISM RELATING TO CONSTRUCTION INDUSTRY INTRODUCTION: We have discussed in my previous article about the changes in the applicability of service tax relating to construction industry. In this article,

Negative List - Impact on Construction Industry

Posted by CA.Manindar Kakarla 25 June 2012 41705 Views

Introduction: As you all are aware, Government has proposed to introduce Negative list taxation of services in Finance Budget 2012, it has been notified that this new scheme will come int

Renting of Immovable Property Service - Developments and Issues

Posted by CA.Manindar Kakarla 13 June 2012 54831 Views

Renting of Immovable property service is one among the services which has huge implication as to the coverage of number of assessees and the quan

Budget Changes in CENVAT Credit Rules

Posted by CA.Manindar Kakarla 30 March 2012 35755 Views

Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their

Budget changes in service tax relating to Construction Industry

Posted by CA.Manindar Kakarla 28 March 2012 25929 Views

New Definition for Work Contract A new definition for the Work Contract has been introduced through Sec 65B (54) and is as follows: "Works contrac

Rule 3 of Point of Taxation Rules, 2011

Posted by CA.Manindar Kakarla 09 November 2011 51616 Views

Background: Before making a study of Point of Taxation Rules, it is important to know the objective of introduction of these rules. Under any Indirect Tax, the process of levying tax is governed by two events. These a

How to improve our writing skills

Posted by CA.Manindar Kakarla 10 October 2011 26070 Views

Whether it is for our work or as a hobby or to improve our subject knowledge, every one of us writes a lot. So we require effective writing skills. These skills wont come overnight,