CAclubindia Articles

Overview of Service Tax Voluntary Compliance Encouragement Scheme, 2013 - Series 1

Bimal Jain 18 June 2013 at 12:16

The Service Tax Voluntary Compliance Encouragement Scheme (VCES) has been implemented with effect from May 10, 2013 with the enactment of the Finance Bill 2013. We have prepared and summarized overview of the Scheme for ease of your un

Two new Excel tricks

CA Rishabh Pugalia (ExcelNext) 18 June 2013 at 12:05

ARTICLE HEADING: 2 EXCEL TRICKS TO IMPRESS Case Study 1: Visualize ratings of employees Application Areas: Feedback/Performance Ratings Techniques required for Solution: Formula =REPT() [Picture 1]: =REPT() formula repeats specified character

Errors in Excel

CA Suraj Lakhotia 18 June 2013 at 12:04

#N/A#DIV/0!.. #NAME?.. #VALUE!.. #REF!.. #NUM! Sounds familiar? These are the errors excel returns when the formula contains an error (#NAME?), the variables dont meet the criterion of the formula (#VALUE!), when the reference is

Service Tax on Builders explained!

Amit Bajaj 18 June 2013 at 12:04

The revenue and the builders have always been at dispute when comes to leviability of service tax on the consideration received in advance by the builders/developers from the prospective buyers of immovable property to be constructed. After the ne

Company Secretary Roles - Management & Policy Making

Manjit Banga 18 June 2013 at 12:04

The demand of Company Secretary course in India is increasing at a very rapid rate. It is mainly because of increasing awareness among the students about this course. Earlier it had not been that widespread as compared to modern times. More and more

Highlights of Companies Bill,2011

Rajat Poddar 17 June 2013 at 11:58

The Bill has 470 clauses and 7 schedules as against 658 Sections and 15 schedules in the existing Companies Act, 1956. The entire bill has been divided into 29 chapters. Following chapters have been introduce

Hedging Loss on FC Forward Contract not Speculation Loss

Ajay Agrawal 17 June 2013 at 11:58

TAX FLASH: CIT v Friends And Friends Shipping Pvt Ltd. - Gujarat High Court S. 43(5): Loss on foreign currency forward contracts by a manufacturer/ exporter is a hedging loss and not a speculation loss FACTS OF T

Recent MVAT Amendments / Changes

CA CS Pawan Jajoo 17 June 2013 at 11:57

The Schedules A,B,C,D appended to Maharashtra Value Added Tax Act, 2002 are amended with effect from 01-04-2013. Further , certain notifications are also amended. These amendments are briefly discussed below Amendments to Schedule A 1 Braille Watch

Right to Information - General Awareness

Gaurav Arya 17 June 2013 at 11:56

An act which came in force in 2005 not remained an act, rather became a revolution. And the act is Right to Information Act, 2005. This act is a sincere step taken by UPA I in its Aim to bring transparency in Government Functioning, which is

Participation by Directors in meeting through Electronic Mode

Ajay Mishra 17 June 2013 at 11:56

The Ministry of Corporate Affairs has been receiving representation from various Industry bodies to recognize participation by directors in meetings of B