CAclubindia Articles

Provisions related to dividend as per IT Act & Co Act, 2013

Posted by MONIKA MANNAN 19 March 2015 25560 Views

Section 115-O(1) Of the income tax act provides that every domestic company required to pay dividend distribution tax in addition to income tax on any amount declared, distributed or paid by way of dividends (whether interim or otherwise), whether o

Section 92 - An identity crisis for promoters

Posted by Sundharesan Jayamoorthi 18 March 2015 19543 Views

Section 92 –An Identity Crisis for Promoter 92 of the Companies Act, 2013 (“Act”) require all companies including private companies to list out details in the prescribed format containing particulars as they stood on the close of t

Post Budget 2015 Memorandum - Key concerns on Union Budget 2015

Posted by Bimal Jain 17 March 2015 19910 Views

ISSUES FOR AMENDMENTS OR CLARIFICATION BY THE CBEC UNION BUDGET 2015 Amidst huge expectations, the Honble Finance Minister Shri. Arun Jaitley presented the first full-year Union Budget of the Honble Prime Minister Shri. Narendra

GAAR Conundrum

Posted by Gagan Deep Singh 17 March 2015 12564 Views

When Budget 2015-16 was rolled out by our Honorable Finance Minister Mr. Arun Jaitley then plethora of flak faced by our Government from opposition and critics that this budget was pro-industrialists and anti-poor and in their argument they cited a

State VAT & CST on E-Commerce Transactions

Posted by Rakesh Garg 17 March 2015 37883 Views

A significant number of web sites, such as, Amazon.in, Flipkart.com, Snapdeal.com, eBay.in, etc., are engaged in E-Commerce (E-Com., in short) activities in India. The two major forms

Interest income from India - Foreign Remittance - Taxation

Posted by CA Rohit Gupta 16 March 2015 22892 Views

International Tax UpdateInterest Income from India- Foreign Remittance- TDS u/s 195 A. Taxation as per Domestic Law:A.1. Definition of Interest2(28A) "interest" means interest payable in any manner in respect of any moneys borrowed or debt

Import and export mandatory documents reduced

Posted by Member (Account Deleted) 16 March 2015 24329 Views

Mandatory documents required for import and export of goods reduced to three documents each (w.e.f 1st apr,15): India took a step forward in improving 'Ease of Doing Business' by reducing the compulsory documents required for import and expor

5 books that can change your life & career

Posted by Nimish Goel 16 March 2015 53138 Views

I have been getting requests from some of the readers of my blog on the kind of books one should read. As majority of you would have realized through my blog posts that I am always of the view that one should develop a keen habit to read and read go

Taxpayers follow March end Rule Otherwise you may be an April Fool

Posted by CA Umesh Sharma 16 March 2015 17716 Views

KARNEETI Part 80Taxpayers follow March end RuleOtherwise you may be an April FoolArjuna (Fictional Character): Krishna, the last month of Financial Year 2014-15 March is here. Everyone is in haste due to March end f

Taxation of stock market profit and loss

Posted by M. N. JHA 16 March 2015 39824 Views

Many Trader of stock market, trading in NSE/BSE are facing difficulties in getting actual treatment of taxation of stock market gain or loss. I am just sharing my knowledge here with the hope it will be helpful to understand the tax issue in stock ma