Articles by Madhukar N Hiregange

New Service Tax Returns

Posted by Madhukar N Hiregange 09 April 2013 144921 Views

New Service Tax Return- Few Suggestions By CA Madhukar N Hiregange & CA Roopa Nayak A few years back we heard that the combined excise and service tax return would be 1 page. This was not to be as reform implementation have failed in the last

Role of Chartered Accountant - Going Forward

Posted by Madhukar N Hiregange 06 April 2013 48950 Views

Role of Chartered Accountant Going Forward - 2013 [Collation of some thought] Madhukar N Hiregange FCA Background In the early days businesses were small and managed by the involved person. The owner, financier, operator, seller, pur

Open Letter to FM- Budget 2013

Posted by Madhukar N Hiregange 04 March 2013 11132 Views

3rd March 2013. Dear FM Shri. P. Chidambaram, First of all thanks for your listening while taking the comments on the budget from all. We all understand that over a period of years there are some ills which have accumulated. However instead of voici

Budget 2013 - Highlights - Service Tax

Posted by Madhukar N Hiregange 02 March 2013 19239 Views

Finance Bill, 2013 has been submitted to Parliament by the Union Finance Minister, Mr.

Service Tax Amnesty Scheme?

Posted by Madhukar N Hiregange 01 March 2013 46335 Views

VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013 (VCES) Background of the Scheme Service tax is a new emerging law and there has been lack of clarity on the applicability o

Budget 2013- Garment Industry

Posted by Madhukar N Hiregange 01 March 2013 8031 Views

Budget 2013 Impact on Garments Industry The Garment industry has suffered a lot in the in the last one year due various factors, such as increase in the cost of power, labor, transpor

Joint Charge Mechanism

Posted by Madhukar N Hiregange 25 February 2013 33740 Views

Introduction: The new service tax law based on negative list taxation was effective from 1st of July 2012. Though there are a number of aspects and issues under the same, one of the main issues of conc

Analysis of Recent Decisions - IDT

Posted by Madhukar N Hiregange 16 February 2013 23530 Views

INDIRECT TAXATION Analysis of few Recent Judgments Madhukar N Hiregange F.C.A. The analysis of 2 judgments in central excise and a few judgments in service tax h

Initiatives for Professional Development

Posted by Madhukar N Hiregange 12 February 2013 9579 Views

Initiatives of ICAI for Professional Development & Members Expectations -Way Forward CA Madhukar N Hiregange Teach a man to fish rather than give him fish as the former would allow him to feed himself for his lifetime The ICAI wa

Some Common Errors in Service Tax

Posted by Madhukar N Hiregange 26 December 2012 29783 Views

Service tax was introduced recently as compared to Central Excise Act and Customs Act. It has been seeing a lot of changes every year. The chance of the assessees (especially those who