CAclubindia Articles

Holding Company/Subsidiary Company - The Companies Act, 1956

Posted by Venkateswara Rao Sapare 29 May 2012 171500 Views

How do we assess which company is a Holding Company and which is its Subsidiary Company? A Holding Company may be a Subsidiary Company of some other Company. Similarly a Subsidi

Indian Economic Turbulence - A Comparative View

Posted by Sanjay Chauhan (IFRS) 09 May 2021 14024 Views

Finance Minister Pranab Mukherjee on Wednesday, 23rd May 2012, assured Parliament that India's growth story remained intact despite Euro zone crisis and Greece turmoil. Mr. Mukherjee attributed the downward trend in the share markets to the glob

Analysis of Service Tax Rules, 1994

Posted by PUNEET GOYAL 28 May 2012 47014 Views

(Before proceeding further please read the disclaimer at the bottom of this write up) Service Tax Rules, 1994 are being amended as follows: A. As per Rule 2 (cd) of STR, 1994, now partnership includes a limited liability partnership. Now it wil

Revised Schedule VI: An Overview

Posted by CA.Mathew Jacob 02 June 2012 64447 Views

REVISED SCHEDULE IV: An Introduction As we all know that every company registered under the Act shall prepare its Balance Sheet, Statement of Profit and Loss and notes thereto in accordance with the manner prescribed in Sch

A Negative List in Service Tax Levy- Impact on Construction Industry

Posted by CA Nikhil Jhanwar 29 May 2012 36695 Views

Introduction It was 18 years ago when the levy of service tax was introduced with a meagre three services which has now grown manifold to 119 services. The scope of services has

GST - Fate of GST Tax rate structure

Posted by CA Subhash Bhaskar 01 June 2012 33489 Views

Dear Friends/Colleagues In my previous article I shared my knowledge about the levy and chargeability of GST. In this article I am sharing with you about the rates of GST that will be applicable in future. In this regard there has been the differe

Submission of form 49 C by Liaison Office

Posted by Ca Anand Dubey 25 May 2012 61035 Views

Submission of Annual statement By Liaison Office in form 49C As per The Income Tax Second Amendment Rule 2012 , Rule 114DA inserted and form 49C is introduced to report annual statement of Liaison Office under section 285 of the Income Tax

Structured Financial Products

Posted by CA. Anshul Jain 24 May 2012 23493 Views

Structured Financial Products is a combination of BOND + DERIVATIVES, Bond part is for Capital Protection

Office or Place of Profit?

Posted by G S Rao 23 May 2012 94073 Views

What is an office or Place of Profit? Introduction: The Companies Act, 1956 is one of the most voluminous Legislation. It contains 658 sections, 14 schedules and several forms for meeting the compliance. Although several Companies bills have bee

Analysis of Amendment in Cenvat Credit Rules, 2004

Posted by PUNEET GOYAL 21 May 2012 51814 Views

(Before proceeding further please read the disclaimer at the bottom of this write up) Notification Number 18 CE (NT) dated 17.03.2012 issued along with Budget 2012 has amended CENVAT Credit R