CAclubindia Articles

MAGNANIMOUS THRESHOLD OF W.TAX IN D.T.CODE

Vijay Kalia 09 January 2010 at 15:32

MAGNANIMOUS THRESHOLD OF WEALTH TAX UNDER D. T.CODE-A BOON FOR NON-FILERS BOUNTIFUL MUNIFICENCE OF THRESHOLD LIMIT OF RS.50 CRORE:The direct tax code is unique in its approach in so far it prescribes a threshold limit of Rs.50 Crore. But it is to be

Accounting For VAT-CST

CA Jay Rambhia 09 January 2010 at 15:31

Accounting for VAT/CST Background VAT intends to bring harmonization in the tax structure of various States and rationalizeThe overall tax burden. The essence of VAT is that it provides credit/set-off for input tax, i.e., tax paid on purchases, again

No Service Tax on Commercial Rent

CA Pankaj Galhotra 09 January 2010 at 15:31

No Service Tax on Commercial Rent Section 65(105)(zzzz) of the Finance Act, 1994 defines taxable service of Renting of immovable property to mean any service provided or to be provided “in relation to” renting of immovable property for u

whether rental income or business income

CA Pankaj Galhotra 09 January 2010 at 15:26

Whether Rental Income or Business Income ?The question whether income from property should invariably be taxed under the head “income from house property” is to be decided after taking into consideration the cumulative effect of all facto

Introduction of LLP in India

Krutesh Patel 09 January 2010 at 15:26

The order of paper on LLP· Introduction· Limitations of Traditional Partnership and emergence of concept of LLP· Comparison· Introduction of LLP in India· Suitability of conce

GST: Perception in a Lucid Manner

Chintan Vasa 09 January 2010 at 15:26

GST: Perception in a Lucid Manner Introduction: We had been desperately waiting for GST i.e. Goods & Service Tax & finally the government has released the first discussion paper on GST. The purpose of implementing GST is to have a uniform i

GOLD INSURANCE COVERAGE

Indraneel Sen Gupta 09 January 2010 at 14:58

GOLD INSURANCE COVERAGE If some one plans to go for some robbery then my advice will be not to runaway with cash. But to run with a handful of gold. Yes run with a bagful of gold rather than running with currency. Since gold might show $3000 ounce

Goods and Service Tax - A Journey

Prajakta Prabhune 09 January 2010 at 11:09

Paper onGoods and Service Tax - Concept and ImpactBy Prajakta Atul Prabhune.(Bcom. CA Final)Registeration No.: WRO 0256994Index1. Tax structure in India 2. Limitations of existing Indian taxes 3. Need for GST model in India 4. Introduction to GST5. B

CA student your kind attention please

CA.ViVeK M ACA 08 January 2010 at 17:09

Failure is the stepping stone for success. Some may not realize that they are very near to the success but leaving the course.If you take some good basic steps , then , you cannot be a failure in this Nobel course.You need not to be a super genius t

Success tacts for CA course

CA.ViVeK M ACA 08 January 2010 at 17:07

The Journey to the CA course is start from the following stages 1.CPT2.PCC/IPCC3.FinalThe institute had changed from CA foundation to CPT to bring the more efficient student to the course.After completing the tenth standard we are normaly decide wh