CAclubindia Articles

Proposed changes in provisions for TDS u/s 194C for transporters

Posted by Gaurav Jain 09 May 2015 72803 Views

Proposed amendment in the TDS provision u.s 194C applicable on payments to transporters vide Finance Bill, 2015 CURRENT SCENARIO:Under the existing provisions of sub section (6) of section 194C of the Income Tax Act, 1961, there is no deduction of ta

Goods and service tax: Implications

Posted by Kapil Kaushik 09 May 2015 18436 Views

The much awaited GST (Goods and Service Tax) Bill was recently passed in Lok Sabha. Unfortunately though, a lot of individuals did not pay heed to this news because a Bollywood celebrity was sentenced to some punishment on the date of this important

CBEC clarifies - Dealer Registration not mandatory for transit sale

Posted by Bimal Jain 08 May 2015 7561 Views

Background: Vide Notification No. 8/2015-C.E. (N.T.), dated March 1, 2015, the following provisos were added to Rule 11(2) of the Central Excise Rules, 2002 (�the Excise Rules�) "Provided also that if the goods are sent directly to a

Secretarial Standards: Stricter norms for conduct of board and shareholders meet

Posted by CS Avinash Godse 08 May 2015 10189 Views

Introduction:The Institute of Company Secretaries of India (ICSI) has long back introduced some set of rules and norms, which are supplementary to the Companies Act, 1

New online registration system for MVAT and CST

Posted by Mahendra Borhade 08 May 2015 12526 Views

Background : With reference to my previous article on revised registration procedure as per circular 4T of 2015, where common form for registration of MVAT\CST\PTRC\PTEC. Now Department has come up with new circular 5T of 2015 dated 0

Service Tax on E-Commerce transaction under Aggregator Model

Posted by CA Vishal Bindal 08 May 2015 17900 Views

(Tax on Reverse Charge Notification No. 30/2012 as amended by Notification 7/2015) In the budget 2015, An aggregator has been made a person liable to pay service tax in case service i

Understanding private equity for start-ups

Posted by Kunal R. Sarpal 07 May 2015 8247 Views

The popularity of Private Equity investment has grown rapidly over the last decade. Private equity investment usually refers to an equity investment in a potentially successful company that is not traded publicly in the stock market. Private equity i

All about CPA

Posted by CA. Kapil Goel, DISA(ICAI) 08 May 2015 28071 Views

Before studying CPA, Let's know about CPA. What is CPA? What CPA stands for ?

Highlights of proposed GST structures in India

Posted by Karan Khatri 08 May 2015 19136 Views

Dual GST ModelWhile a single, unified GST would have been be a preferred option, in keeping with our federal structure a concurrent dual GST model has been envisaged, with a Central Goods and Services Tax (CGST) and States Goods and Services Tax (SGS

'And' & 'Or' a Mess in Companies Act, 2013

Posted by CS Kundan Mishra 08 May 2015 11467 Views

�AND� & �OR� statements behave very differently. �AND� signifies that both conditions are required to be satisfied while �OR� signifies that only one condition must be met.