Draft Scheme of On Site Audit in context of Post Clearance Audit (PCA) for Imports Prepared By: CA Pradeep Jain, CA Preeti Parihar and Sukhvinder Kaur, LLB [FYIC] INTRODUCTION: A good beginning makes a good end.
The ultimate objective of all production is consumption for the satisfaction of varied needs of man. A free market economy provides freedom to the consumers to buy and consume goods of their choice. Buying preferences of the consumers send si
Frequently Asked Questions Training of Articled Assistant outside India Q. 1 Can a student registered with the Institute get training outside India? Ans.: Yes, a student registered with the Institute is eligible to enroll for training outside
PROVISIONING FOR BENEFIT IN CASE OF HOSPITALIZATION EXPENSES As a citizen of India, I would like to bring forth an issue which I feel may be given a serious thought for the benefit of all. Slabs of individual tax payer depends upon his/her income a
All my friend & colleagues as you know that we are leaving in Information technology era. The all things are online now, online buying, online tax payment, online tax credit check etc. But this technology also creates procedural problems for u
The Asian equity market have started back it mad bull run from the past 2 months starting from September 2010.Pockets have filled up with soaring profits from lower level buyouts. The phase of the bull have so high that every one If we rewind bac
TAX LIABILITY ON LAST SALE PRCEEDING SALE TO SEZ AREA. LAST SALE PRECEEDING SALE TO SEZ AREA. IS EXEMPT UNDER SECTION 5(3) OF THE CENTRAL SALES TAX ACT, 1956. RELEVANT PROVISONS: Provisions of the Central Sales Tax Act, 1956: Section 5(3):
NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP) 1. Concept of limited liability partnership LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can cont
For registration under the Punjab VAT Act 2005 one of the requirement u/s 25(1) is furnishing of security for securing the payment of tax under PVAT Act 2005. This requirement is compulsory as per the wording of section 25(1) of PVAT Act 2005 which
The complex and overlapping service tax structure is a bottle-neck not only for businessmen but also for professionals in service tax department. There are many questions which do not have easy answers. In fact, some issues are so perplexing that ev