CAclubindia Articles

Indirect tax benefits on direct supplies to SEZs

Manoj Pala 27 June 2015 at 17:30

INDIRECT TAX BENEFITS (excise duty in particular) ON DIRECT SUPPLIES TO SEZs made by a Vendor who is a sub-contractor of the Main ContractorIn relation to the subject matter, the mechanics of the transaction may be as under;The customer is RRR Ltd.,

10 Golden Rules by a Chartered Accountant

Author CA Vikram Verma 26 June 2015 at 10:29

A CA not only knows about Investments and Financials Statements but the rules of leading a great life too. A Chartered Accountant, on an average, goes through so many experiences of life while dealing with different situations. Hereunder are the ten

Section 44AE of the income tax act

MANSHI BAID 26 June 2015 at 10:29

SECTION 44AE OF THE INCOME TAXACT 1961INCOME IN CASE OF ASSEESSEE IS ENGAGED IN THE BUSINESS OF PLYING , HIRINGOR LEASING OF GOODS CARRIAGES Applicability : This section applies to all types of assesses whether resident or non-resident who are engage

A way forward to GST in India

CA Pravendra Rana 9717036532 26 June 2015 at 10:29

As, all we know that Taxes in India are levied by the Central Government and the State Governments. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes bet

Reason for introduction of TDS

nawin kumar kintali 26 June 2015 at 10:29

There is always a time gap between deriving of income and payment of tax there upon .The objective of introduction of the provision tax deduction at source is to reduce that time gap and also ensure the regular flow of funds to governmentDemerit by T

Key Changes in New ITRs and Eligibility - AY 2015-16 (FY 2014-15)

Gaurav Jain 26 June 2015 at 10:29

The Rule 12 of the Income-tax Rules was amended vide Notification No. 41/2015, Dated 15-04-2015. The new ITR Forms 1, 2 and 4S were notified for the assessment year 2015-16 vide said notification.In view of various representations received it was ann

Nidhi Company - Companies act, 2013

CS Divesh Goyal 25 June 2015 at 10:46

Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi

Three different mechanisms for an IPO

Tapan 25 June 2015 at 10:46

The decision to list a company is often taken considering the market trends. When the primary markets are strong, there is a natural temptation to take a company public. This is because, in a strong market, the company gets much more than its fair va

Procedure of re-assessment u/s 147

CA Pawan Maloo 25 June 2015 at 10:45

Assessment is a procedure adopted to determine the correctness of the income disclosed by the assessee and tax payable thereon. Than what is reassessment and why there is need of reassessment? Section 147 and 148 of

Types of directors

Kalpesh Veer 25 June 2015 at 10:45

1. Definition:- As per Section 2(34) of Companies Act 2013 Director means a director appointed to the Board of a Company.2. Responsibility:- The board of directors of a company is primarily responsible for: determining the compan