CAclubindia Articles

HISTORICAL BACKGROUND OF VAT

dheeraj kr singh 03 February 2009 at 12:24

Ever since 1954, when the tax on value added was introduced in France it has spread to alarge number of countries. This tax was proposed for the first time by Dr. Wilhelm VonSiemens for Germany in 1919 as an improved turnover tax. In 1921, VAT was su

Fraud

Harish Kumar 02 February 2009 at 16:08

How Satyam would have opened 10,000 fictitious salary accountThe ex-CFO of Satyam confessed that the employee number of stayam is ex aggregated by around 10,00..

COMPANY LAW AT A GLANCE

CS Ramanuj Asawa 02 February 2009 at 16:08

The Companies Act, 1956 is a law enacted by the Indian Parliament to regulate Incorporation, regulation and winding up of trading corporations, including banking, insurance and financial corporations, but not including co-operative societies.

CAN A TECHNOCRAT CONTROL A COMPANY WITH LITTLE CAPITAL

CS Ramanuj Asawa 02 February 2009 at 16:08

CAN A TECHNOCRAT CONTROL A COMPANY WITH LITTLE CAPITAL In today's tech and knowledge era there is no dearth of capital, ideas and all. The real difficulty a tech guy faces is if he starts a company would he be able to control the company. Most of the

PERSON LIABLE TO PAY SERVICE TAX

dheeraj kr singh 01 February 2009 at 14:54

Section 68 of the Finance Act, 1994 is the principal section which fixes responsibility to payservice tax. The powers to decide time and manner of payment of service tax have beengranted to the Central Government vide Rule 6 of the Service Tax Rules,

The Components of a Brand.

Indraneel Sen Gupta 01 February 2009 at 14:51

The Components of a Brand.Forget the common misconception that a brand is just your logo, tagline and promotional literature. A strong brand must integrate essential multiple components that embrace customer interactions, employee communications, co

How to Cope PCC Failure

CA Sudhir Halakhandi 30 January 2009 at 09:05

We have recently seen two hot days of results i.e. 16th Jan 2009 for CA CPT and Final and now on 29th Jan PCC-P-II results. See that these are professional examination and

The risk on pledging of shares.

Indraneel Sen Gupta 27 January 2009 at 13:24

The risk on pledging of shares. The recent order passed by the SEBI regarding declaration ordering the promoter group has to disclose the details to shareholders the corporate India might be spending some sleepless nights. At the primary market advi

INCOME TAX FOR STUDENTS

CA Sudhir Halakhandi 25 January 2009 at 02:51

INCOME TAX FOR STUDENTS-1- BY CA SUDHIR HALAKHANDI IMPORTANT DEFINITIONS UNDER THE INCOME TAX ACT, 1961 Assessee(Section 2(7):- Assessee means a person by whom any tax or any other sum of money is payable

Taxation of Non Resident Shipping Company

Gagan Gupta 25 January 2009 at 01:03

Applicable section – Section 172Shipping business of non-residents.172. (1) The provisions of this section shall, notwithstanding anything contained in the other provisions of this Act, apply for the purpose of the levy and recovery of tax