CAclubindia Articles

Six Easy Step To Reduce Your Tax Liabilities

CA Vap Patel 07 March 2014 at 12:34

As 31st March is coming closer, everyone is busy in tax planning. There are many illegal way to avoid tax but why to opt for that when you have many other legal way to reduce your tax liabilities.Here are the Six most easy way to counter attack with

SFIO under Sec.211 & 212 of the Companies Act,2013

CS M.Kurtrala Nathan 07 March 2014 at 12:30

Introduction:The Serious Fraud Investigation Office (SFIO) is a fraud investigating agency in India. It is under the jurisdiction of the Government of India. The SFIO is involved in major fraud probes and is the co-ordinating agency with the Income T

Succession Planning Tools Available

Guest 06 March 2014 at 16:11

One of the goals of succession planning is to protect the interest of an individual during his/her lifetime and after his/her death safeguard the interest of his/her loved ones. This can be achieved by different ways of estate planning by distributin

TDS on Reimbursement of Expenses to Non-Residents

MOHIT JAIN 06 March 2014 at 12:59

TDS on Reimbursement of Expenses to Non-Resident To elucidate the concept, considered the following cases from TDS deduction perspective u/s 195 of the Income Tax Act:- Rs. 10 lacs paid as Fees for Technical Services to Non-Resident (NR) and his exp

Recognition Of AS-26 - Intangible Assets, Its Accounting Treatment

ESHA AGRAWAL 06 March 2014 at 12:59

Being a commerce professional the term Intangible Asset is so common, generally we think intangible asset is that asset which we cannot touch, feel, see etc. so according to this meaning prepaid advances is intangible assets as we cannot feel, touch

Importers issuing Cenvatable invoices requires CE Reg.

Bimal Jain 06 March 2014 at 12:59

Dear Professional Colleague,Importers issuing Cenvatable invoices require registration under Central Excise & consequential amendments Background:Rule 9 of the Central Excise Rules, 2002 (the Excise Rules) provides the list of pers

Annual Return under Sec.92 of the Companies Act,2013

CS M.Kurtrala Nathan 06 March 2014 at 12:58

Section 159,160,161,162 & Schedule V deals with the Annual Return & related provisions under Companies Act,1956. But in Companies Act, 2013 all these sections are combined together in one Section namely 92. Every company shall prepar

Schedules under Companies Act,2013

CS M.Kurtrala Nathan 06 March 2014 at 12:58

Companies Act,1956 Companies Act,2013 16 Schedules 7 Schedules The Companies Act,2013 has skips the following schedules ; Schedule Particulars Remarks IA List o

Recognition Of Intangible Assets, Its Accounting Treatment

ESHA AGRAWAL 05 March 2014 at 13:21

Tax Benefit on Housing Loan

C.S.SAVEESH.K.V. 05 March 2014 at 13:21

(Sec. 24, 80C and 80 EE of Income Tax Act) Repayment of Housing are divided into 2 components1. Repayment of the Principal portion2. Repayment of the InterestSection 80C: Tax benefit on Housing Loan (Principal Amount) The amount paid as Repayment of