CAclubindia Articles

Taxability of 'Ready Mix Concrete' & 'Concrete Mix' under Excise & Service Tax

CA. K S Chauhan 26 December 2013 at 12:47

Now-a-days, real estate industry is in boom phase and flat/apartment culture is picking pace due to economy, comfort, security and liquidity

Special Valuation Branch of Customs and its assessment

Jeevesh Mehta 26 December 2013 at 12:47

SVB - "Special Valuation Branch Of Customs" & Valuation Of Goods Imported From Related Party In an era of globalization and technology, it is common for a person to import goods from various countries. Especially in a growing economy l

Single point of taxation introduced in Punjab VAT

Amit Bajaj 26 December 2013 at 12:45

Punjab Government has surprisingly introduced single stage tax system under the Punjab VAT Act, 2005. Punjab Government has notified certain goods, most of which are consumable goods, on which tax under Punjab VAT Act has been levied only at the firs

IPCC Tips and Experience

Abhinav 24 December 2013 at 13:21

I am sorry but I am going to make this article really informal cause I know nothing about writing and have never written anything before apart from examination answers :PMorning/Afternoon/Evening, everyone!My name is Abhinav Bansal and I am just anot

SSI Exemption Vs. Co- Owners of Immovable Property

Rishi 24 December 2013 at 13:21

There are many cases coming for consideration regarding eligibility of SSI exemption to all co-owners of immovable property individually. The department is of the view that all co-owners fall under the definition of Person under Section

Dividend provisions - Critical analysis

CA Nitesh Kumar More 24 December 2013 at 13:20

Section 205 of the Companies Act 1956 read with Article 85 of Table A deals with payment of Dividend Section 123 of the Companies Act, 2013 provides for declaration of Dividend. and Table F of article 80 of Articles of Association provide

Corporate Governance - Best Board Practices

Sundharesan Jayamoorthi 24 December 2013 at 13:20

BOARD PROCESS The word Board Process has been mentioned in several places in the Companies Act 2013 (The Act), but it is important to identify and discuss this term in two sections, which is in section 149 that deals with

Karniti Part-16: Tax planning for Children is not a child's play

CA Umesh Sharma 23 December 2013 at 11:16

Income Tax planning for Childrens is not a childs play.Arjuna (fictional character): Dear Krishna, the festival of Christmas is being celebrated all over the world very joyfully. In this festival Santa Clause make exchange of gifts to a

Rent Free accommodation and Taxation

TKKKKKK 20 December 2013 at 15:40

When employer provides employee facility of rent free accommodation. value of it is taxable as a perquisites in salary head of income tax.For calculating perquisites value taxpayer has to follow two steps.step 1: find out unfurnished accommodatio

Service Tax & Cenvat Provisions For Automobile Dealers

CA Ankit Bhutoria 20 December 2013 at 15:40

SERVICE TAXCenvat For Automobile DealersBrief Introduction Automobile Dealers are normally engaged in Selling of Vehicles, Selling of Spare parts of vehicle, and working as an Authorized Service Station on behalf of the principal. In the course of se