CAclubindia Articles

Recent ruling on Capital Gains as reported

Rupesh Srivastava 13 September 2012 at 12:22

1. S. 54F: Capital Gains Investment in residential house- Exemption Investment in four 4 flats Held that exemption allowed as requirement of assessee family met-out only by enlarging residential unit by merging 4 flats and th

Landmark ruling on Sec 14A-Updated as on 11th Sep

Rupesh Srivastava 12 September 2012 at 11:45

S. . 14A provides for the disallowance of expenses incurred in relation to the income, which does not form part of the total income of the assessee. 14A. [(1)] For the purposes of computing the total income under this Chapter, no deduction shall be

Ignorance of law is an excuse

sivadas chettoor 12 September 2012 at 11:45

INTRODUCTION :- Law is all pervading. Almost all your actions are regulated by law except a few. We have all sorts of law like personal, family, civil, criminal, revenue, commercial, taxation, public and private int

Risk Assessment of Marketing Function

Sonia Jaspal 11 September 2012 at 11:56

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov

VAT (What) is the confusion all about on sale of flats - Part 2

Ashish Kedia 11 September 2012 at 11:56

This article is the concluding part out of the two part series on this subject. This has been presented from the developers perspective. The views expressed in this series of articles are personal. It need not be said that taxation of works

Service tax on Vocational education/training courses

Bimal Jain 10 September 2012 at 14:14

Service tax on Vocational education/training courses TRU has issued a Circular No. 164/15/2012-ST dated August 28, 2012 clarifying certain issues in relation to levy of service tax on certain vocational education/training/ skill development courses

Excise - Price declared below cost of manufacture

Bimal Jain 10 September 2012 at 14:14

Whether the price declared below the cost of manufacture can be regarded as Normal price for chargeability of Excise duty. Dear Professional Colleague, We are sharing with you a recent judgment of the Honorable Supreme Court, New Delh

Security of Career in Profession like CA

Deepak kumar sharma 10 September 2012 at 14:13

Now a day, some bad news, views and experiences are floating everywhere related to lack of employment in CA profession. Some people are saying that now CAs are getting the status of B.com graduates. They also refer to campus placements organi

Cases pending trails in various courts in india

cs A Rengarajan 10 September 2012 at 14:13

Alternate Dispute resolution and cases pending trails in various courts in india - By CS A Rengarajan Let us see pending cases reported in various high courts, subordinate courts and Supreme Courts as per news items published Times of India dated 20

Clarification on Reverse Charge Mechanism of Service Tax

CA Prashant Gupta 10 September 2012 at 14:12

Hello everyone, Thank you very much for a great responce on my article reverse charge mechnism of service tax. I have received lots of mails for seeking clarification. I am trying to solve some major issues in reverse mechanism. Since the introduc