Popular Articles

Johnny and Service Tax Refund[Series -II] Part-1: 'Invoice'

Pradeep Jain 25 September 2010 at 12:52

Johnny and Service Tax Refund [Series- II]Part 1: INVOICE Prepared By: - CA. Pradeep JainMayank Palgauta We have already written one complete series of articl

Indepth discussion of some aspects of CA/CS/CMA Paper Part-I

Rohit Jain 31 March 2015 at 11:05

The dictionary meaning of the word additional is something extra or supplementary. The reason to include the word additional in the title is that this article tries to be in addition to some already written w

Section 194H: TDS on Commission and brokerage

Mitali 31 January 2023 at 11:52

Section 194H of the Income Tax Act governs the taxation of commission or brokerage. According to this section, any person responsible for paying to any income by way of commission or brokerage shall deduct tax at source of such income.

FAQs by ICAI for May/November 2020 Examinations

Suhasini 17 August 2020 at 11:47

The Institute of Chartered Accountants of India has released a list of Frequently Asked Question for CA May/November 2020 Exams.

People don't save in savings accounts

Guest 07 November 2011 at 11:57

Shailendra Bhandari, managing director and chief executive of ING Vysya Bank Ltd, doesnt want to be a price warrior. He will not raise the savings bank accounts rate till some of the bigger banks do that. The banks that raised rates

Water spilled on happiness of Assessee

CA Akshay Yetiwar 18 June 2012 at 12:14

Yesterday a wave of happiness flowed in the minds of all the service tax assesse , as some learned person from the our professional community pointed out a defect in the new amendments made in the Service Tax Law viz. section 68 of the Finance A

Gold and its new relatives

Indraneel Sen Gupta 29 November 2010 at 10:45

Three thousand year old traditional color of hoarding stores of wealth that are physical, portable and easily devisable are hard to break. This report is not a speculative figure or number guessing. It brings you the fundamental reasons behind the

What you wanted to know about the complexities of Cenvat

MONISH BHALLA 29 April 2010 at 10:57

What are the obligations of manufacturer of dutiable and exempted goods and provider of taxable and exempted services under Cenvat Credit Rules 2004 - Rule 6? Goods and Service Tax may prove to be a giant step to crease out t

Understanding Deficit Financing

CA Surbhi Singhal 16 January 2014 at 13:07

Deficit financing is that, which, if used responsibly, can lead an economy to prosperity; however, if used thoughtlessly, can do the opposite. It is the tool suggested years ago by known economist John Keynes, and used today throughou

Service Tax - Settlement of cases

CA Neha Gupta 14 May 2016 at 10:59

Service tax which is an indirect tax is no more far from us. We all pay Service tax on services received. The scope has been widened by introduction of negative list and presently almost all services are covered under the tax provisions.Like, direct