CAclubindia Articles

Validity of Service Tax Audit - June 2016

Madhukar N Hiregange 09 June 2016 at 11:06

In the past there have been a lot of disputes with quashing of Rule on audit [5A(2)], leading to questioning of legality of service

No Service tax on sale of under construction flats if contract price includes value of land

Bimal Jain 09 June 2016 at 11:06

We are sharing with you an important judgement of the Hon�ble High Court of Delhi in the case of Suresh Kumar Bansal Vs. Uni

Origins of Law and its effect

Kishore 09 June 2016 at 11:06

I believe even people in historical times formulated and followed certain laws and such laws are converted to traditions and rituals of present days.Advertisement in public interestWhat happen to this city, ashes here, smoke there. Why are you silent

Tax Provisions on Income of Investment Funds and Income Received From such Fund

ESHA AGRAWAL 09 June 2016 at 11:06

�Death, taxes and childbirth! There�s never any convenient time for any of them.At first instance, readers might think it weird to use these three words namely, death, taxes and childbirth fit into one grid system of words together. But t

No TCS on provision of any service due to drafting anomaly in Section 206C of IT Act

Manoj Agarwal 09 June 2016 at 11:06

I am sure that you are completely surprised by the title because nobody has yet pointed out such an anomaly!! You heard it right and please do let me explain. The Hon�ble Finance Minister Shri Arun Jaitley has brought amendment in Section 206C

Reasons why a majority of students don't crack CA IPCC/FINAL

Member (Account Deleted) 08 June 2016 at 11:17

Now a days, its been a habit of the students to blame the ICAI and examiners when they taste failure for the IPCC/FINAL exams. I would like to tell you that, before blaming the said authorities, make a self assessment. Based on my experience as an ex

How to utilise time effectively

CA DIVYADARSHI KUMAR 08 June 2016 at 11:17

Time is like money. If you know how to use it, you can create a productive and profitable working environment. If you don�t, you can spend your working life always being busy, but not ge

Equalisation Levy

CA Priyanka Kushwaha 08 June 2016 at 11:17

Budget 2016 has inserted a new chapter VIII in Income Tax Act, 1961. This relates to taxation on services of digital advertising from foreign companies like facebook, google etc. In addition to this new chapter, related sections have also been amende

Start up India - Legal aspects

Anil Kumar Kondapuram 08 June 2016 at 11:17

1.1 INTRODUCTIONThe Central government took the initiative to promote the start up organizations by way of relaxing certain regulatory requirements, providing tax exemptions. The objective of this initiate is to promote the upcoming entrepreneurs who