CAclubindia Articles

Women and the will to succeed!

Posted by Hetvi Sheth 09 March 2015 15310 Views

Indian economy has changed tremendously in last 15-20 years. Liberalisation of economy and globalisation has created manifold growth opportunities for women, whether qualified, semi-qualified and even uneducated. The outlook of society towards women

Reversal of Input tax credit on account of mismatches

Posted by RENGARAJ R.K 09 March 2015 16983 Views

Input Tax Credit reversal on account of mismatches found in the Returns under Tamilnadu VAT Act, 2006.-rengaraj r.k, advocate, swamy associatesIntroduction: In the recent times, the Commercial Taxes Department has started issuing Notices and passing

Budget session and GST, will tyranny of opposition end?

Posted by Kaushik Vinod 09 March 2015 11063 Views

Introduction:Everyone including me is very optimistic about passage of GST Bill in both the houses of Parliament in this undergoing budget session of parliament which has started from 23 Februa

Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed

Posted by CA Umesh Sharma 09 March 2015 15455 Views

Karneeti Part 79Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed.Arjuna (Fictional Character): Krishna, Good News!!! Mumbai High Court on 3rd March, 2015 has ordered to assess and grant MVAT refund on the basis

An Ode to Women Professionals

Posted by Anjani Kumar Sharma 08 March 2015 16004 Views

या देवी सर्वभुतेषु CA रूपेण संस्थिता । नमस्तस्यै नमस्तस्यै नमस्तस्यै नमो नमः II (To the Divine Woman, who resides in all existence in the form of a Chartered Accountant, We bow to her, we bow to her, and continually we bow to her) Parents in India c

Guideline value on the sale of a property & exemption

Posted by Shrinivas (CA, LLB, CISA) 09 March 2015 20300 Views

Land, one of the wonderful gifts of nature is now an item subject to taxes when the land is transferred from one person to another. The next question in hand is, what is the amount on which the taxes are to be paid?Mr. ABC, who resided in Mumbai, sol

Consequence on default in TDS

Posted by SAMEER AHMED 09 March 2015 28237 Views

Here we will get to understand that what defaults are oftenly occurs in TDS and how we can prevent ourselves from the penalties and fines in TDS under section 201(1), 201(1A) and 234E of Income tax act 1961.If we do a bit

Budget Highlights - Central Excise, Customs & Service Tax

Posted by Guest 09 March 2015 30636 Views

Budget 2015 Highlights Central Excise, Customs & Service Tax GENERAL 1. FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. 2. States to be equal partners in economic growth; mo

Summary of important changes in service tax proposed by budget 2015-16

Posted by CA NARAYAN AGARWAL 09 March 2015 28603 Views

SUMMARY OF IMPORTANT CHANGES IN SERVICE TAX MADE/PROPOSED BY BUDGET 2015-16 I. Changes in Finance Act, 1994 To be effective from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015:- 1. Service Tax Rate a. Th

How the Union Budget impacts you?

Posted by Anurag 09 March 2015 11532 Views

Union Budget 2015-16We view this as one of the most progressive budgets w.r.t. Make in India & Skill Building Macro-Economic headwindsMacro-vulnerability index (MVI) thatcombines a countrys fiscal deficit, current account deficit, a