Popular Articles

GST, SSIs, Exemptions

Posted by Omprakash Jain 13 September 2010 5659 Views

We should be aware that taxes are collected only to give services to the public and their life upliftment & overall development of the country. The taxes collected by govt is spent on welfare of the people. If by giving certain exemptions, this

GST | Basic Background

Posted by CA. Bhavik P. Chudasama 17 April 2021 5659 Views

Goods and Services Tax is a comprehensive, multistage, and destination-based tax that has subsumed almost all the indirect taxes. In this article, we discuss the background of GST.

How differently a violation of 19(2) of the Banking Regulation Act is treated by RBI - A case

Posted by Shivaprasad Chhatre 29 November 2021 5658 Views

Sub-section (2) of the Banking Regulation Act, 1949, says that no banking shall hold shares in any company, whether as pledgee, mortgagee, or absolute owner, of an amount exceeding 30 percent of the paid-up share capital of that company or thirty percent of its own paid-up share capital and reserves.

Pragmatic Approach to Exempt Serv. under Common Input Serv.

Posted by CA Pradip Shah 06 July 2008 5658 Views

[This article appeared in “Service Tax today” Volume 13, Part 4 Page No. 88] Budget 2008 – Pragmatic Approach to Exempt Services under Common Input ServicesBy CA. Pradip R Shahe-mail: pradip_shah@vsnl.comIntroduction:1.0 Permittin

Over 8% growth in 2015-16: Key Highlights of the Economic Survey 2015

Posted by Bimal Jain 28 February 2015 5657 Views

Dear Professional Colleague, Over 8% growth in 2015-16: Key Highlights of the Economic Survey 2015 Ahead of the Union Budget 2015, the Hon'ble Finance Minister Shri Arun Jaitley tabled today Economic Survey Report 2015 in the Parliament, outlini

Non resident Taxation Payment to Sportsman

Posted by Venkat Raj 16 June 2023 5656 Views

This section even describes that while making payment to non-resident tax has to be deducted at rates under the Act or DTAA whichever is beneficial.

Enron Scandal (P1): Formation of Enron & It's Business Model

Posted by Karan Khatri 20 May 2020 5655 Views

Enron Scandal (P1): Formation of Enron & It's Business Model

Main Hoon Na - CSR is not street charity?

Posted by Sundharesan Jayamoorthi 24 February 2015 5654 Views

Street Charity chant, please do charity in the name of almighty, reaction to this may be impulsive, we donate but without knowing the cause. This impulsive charity does not require the caregiver to look back on who the beneficiary is an

Concept of Deemed Speculation under Income Tax Act, 1961

Posted by CA Mehul Thakker 28 November 2020 5653 Views

Speculative transaction means a transaction involving a contract for the purchase and sale of commodities, which is periodically or ultimately settled other than by actual delivery or transfer.

Disputes in GST - How to Avoid?

Posted by Madhukar N Hiregange 10 April 2018 5653 Views

GST compliance would be important for any tax compliant entity. In this year of a changing law ( 260 Notifications, 1000s FAQS, Twitter, numerous circular)one...