CAclubindia Articles

Clarification on amended appeal provisions under IDT

Sumit Grover 17 September 2014 at 12:09

Since enactment of Finance(no. 2) Act, 2014, various ambiguities arose regarding the concept of mandatory pre-deposit of 7.5%/10% at the time of filing appeal before CCE(A) and CESTAT, as the case may be, under section 35F of Central Excise Act, 1944

SEBI amendment to Cl.49 of Listing Agreement

CS M.Kurtrala Nathan 17 September 2014 at 12:09

SEBI has received representations from market participants including companies and industry associations, highlighting certain practical difficulties in ensuring compliance, seeking clarifications on interpretation of certain provisions and sugges

Career Options available with Company Secretary (CS) Course

Ankur Garg 17 September 2014 at 12:09

Dear CS Students, This is second article of this career series. In my previous article titled Professional Courses to be pursued after or along with CA we had discussed career options available along with or after doing Chartered Accoun

Capital Gains and Tax Exemption as per Income Tax Act, 1961

NILA REJESH P 17 September 2014 at 12:09

Capital Gains and Tax Exemption as per Income Tax Act, 1961Technical TermsSection 2(14) of Income Tax Act, 1961 defines Capital Asset as "Property of any kind held by the assessee whether or not connected with his business or profession but does not

Critical Analysis on Reverse Charge Mechanism in Service Tax

CA Vijaykumar Gutte 17 September 2014 at 12:08

Reverse Charge (Tax Shift) Generally, service tax is payable by person providing the service who actually collect the tax and pays to government. But Section 68(2) introduced and makes prov

Notional interest on interest free security deposit cannot be added to the rent for levy of ST

Bimal Jain 17 September 2014 at 12:08

SERVICE TAX RECENT CASE LAWS Notional interest on interest free security deposit cannot be added to the rent for levy of service tax on renting of immovable properties Murli Realtors Pvt. Ltd. and others Vs. Commissioner of Central Excise Pune-II [

Changes in PF (Provident fund) Limit enhanced 6500 to 15000

Sushil Kumar Shaokand 17 September 2014 at 12:08

Following changes has occurred by the amendment made by Ministry of Labour and Employment on dated- 19/08/2014 and 22/08/2014 respectively:These changes will be applicable from 01/09/2014, Means these will be applicable from the wages payable for the

SEBI- clause 49 of listing agreement

Sumit Grover 16 September 2014 at 10:42

Stock Market regulator, Securities & Exchange Board of India(SEBI) has introduced certain amendments to the revised clause 49,vide circular dated 15th September, 2014, which is to be made effective from 1st October, 2014 onwards. The gist of the

Service tax applicability on Foreign Bank services

CA Pravendra Rana 9717036532 16 September 2014 at 10:42

In today's scenario, for the purpose of export of goods or services from India and import of goods or services to India, there are various requirements. Out of which, in case of export of goods/services, one requirement is "forwarding of documents" &

Liability of Municipal Corporation under consumer protection act

v. srikanth 16 September 2014 at 10:42

The liability of municipal corporation was decided by the apex Court in a very recent judgment in the case of Vadodara Muncipal corporation vs. Purshottam V. Murjani and others. In the said case, the Sursagar lake which was under the control and mana