CAclubindia Articles

VAT: No Double taxation,yet double revenue for states

CA S.SAIRAM 18 June 2010 at 10:56

VAT: NO DOUBLE TAXATION, YET DOUBLE REVENUE FOR STATES This small write out is a mere reminiscence of the existing VAT system.All of us know that VAT is a state subject. Just to recollect, the basis for calculation of VAT is as below,Total Assessable

Amendments in Section 9(1) of DVAT Act

Devinder Jain 18 June 2010 at 10:54

AMENDMENTS IN SECTION 9(1) OF DVAT ACT. Before I express my views on the recent amendments in Sub-section (1) of Section 9, I would like to share a story with you. A person sitting with a cup of Tea surrounded by intelli

CA Articleship: Some useful Corporate Board Resolutions-II

Ankur Garg 18 June 2010 at 10:53

Please find below a useful corporate article containing some useful sample

Packaged softwares - Are they completely out of service tax?

CA S.SAIRAM 16 June 2010 at 10:58

PACKAGED SOFTWARES –ARE THEY COMPLETELY OUT OF SERVICE TAX? After a lot of deliberations and conclusions the Service tax department finally issued a circular (No.17/2010 dt.27.2.2010) exempting the packaged or canned software from Service t

Points to be considered while acquiring a company

Manikanta Raju CA,CWA,(CS) 16 June 2010 at 10:55

Now a day’s cross border transactions, mergers and acquisitions became quite common in a regular business phenomenon. In this article I will discuss a few points as a course of initial observations to be considered while acquiring company- 1)

Our country might be Independent and Free but are WE??

Nikita Jain 16 June 2010 at 10:30

At the lunch table today, the matters in relation to the Bhopal Gas Leakage case 25 years back gave fuel to a grave discussion in my home!The main point of discussion was the way India's requests to extradite Warren Anderson, the former chairman of U

IMPLEMENTING IFRS

Dilip K Raina 16 June 2010 at 10:29

FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES-IAS 29 Since we are talking of accounting standards which are acceptable internationally, thus the quality of such standards making them stable and dependent in the long run for better presentation

HOW TO PREPARE FOR CS (Company Secretary)

CA CS CIMA Prakash Somani 16 June 2010 at 10:29

HOW TO PREPARE FOR CS (Company Secretary) 1) First and most important thing is MODULEs play a vital role in clearing you the exams or for getting rank, see the exam paper you will get Objective Q’s, Fill in the blanks, Yes/No type questions

Efiling return of Excise & service tax

Ram Avtar Singh 14 June 2010 at 11:53

What is ACES - ACES stands for Automation of Central Excise and Service Tax. It is a centralized, web based software application which automates various processes of Central Excise and Service Tax for assessees and department, and gives complete end

EOU and its difference with SEZ

Manikanta Raju CA,CWA,(CS) 14 June 2010 at 11:52

Exported Oriented Units: Units undertaking to export their entire production of good & services may be set up under the EOU scheme Procedural Aspects: Application for setting up, to be made to- ü ‘Board of approval ‘ (BOA) for