CAclubindia Articles

GST and Constitution

Posted by Nagesh Bajaj 09 August 2011 14719 Views

The GST Model proposed in the First Discussion Paper produced by the Empowered committee of state finance ministers on Nov 10, 2009, will be dual in nature. It will consist of two components: CGST (Central GST) and SGST (State GST) simultaneously lev

TDS on Reimbursement made to NRI

Posted by Amit 09 August 2011 37641 Views

Query-Mr A is an employee of XYZ foreign Company . He rendered his services to all the companies with in the same group. One of the group company is situated in India. So for performing his job he has to visit Indian Company. The important things

How Many House Properties an NRI Can Own or Hold in India?

Posted by CA. Anuj Gupta 09 August 2011 24252 Views

Foreign Exchange Management Act,1999 under section 6(3)(i)grants permission to RBI to prohibit,restrict or regulate acquisition or transfer of immovable property in India, by a person resident outside India. RBI pursuant to powers conferred under se

Concept of Advance tax

Posted by CMA Ramesh Krishnan 19 June 2019 101921 Views

Concept of Advance tax Introduction: According to sections 208 of the Income tax Act 1961, tax shall payab

Take care and make your life easier - CA's

Posted by CS RAJESH C.CHOUDHARY 08 August 2011 20258 Views

- At early age if the person manage to have his own residence house. He would prefer to go for that first. It will not only give the benefit of tax, but vis--vis offers security in life. He would also think of the following option available

When the going gets tough, the smart guys cook the books

Posted by ANANDH SUNDAR 08 August 2011 10720 Views

When the going gets tough, the smart guys cook the books-examples of Jet and Kingfisher Warren Buffet famously said that an investor should have shot down the first aircraft that the Orwells flew, so that future investors would not have seen value

Who is Responsible for TDS on sale of shares by NRI's

Posted by CA. Anuj Gupta 08 August 2011 14919 Views

Q.We are an Indian Company and our 5% equity is held by an NRI .Under an scheme of buyback of equity shares announced by our Company, the said NRI has offered all his equity for buyback. The said shares were acquired by him in convertible foreign ex

Frequently Asked Questions on Companies (Cost Accounting Records)

Posted by CS Bijoy 08 August 2011 15236 Views

1. What is the legal authority of the Companies (Cost Accounting Records) Rules 2011? Central Government, in exercise of the powers conferred by clause (b) of sub-section (1) of section 642 read with clause (d) of section 209 of the Co

Why Do We Make Things So Difficult?

Posted by Krish 06 August 2011 25706 Views

Why Do We Make Things So Difficult? Why does it happen, so often? When I think that I will start wake up early morning from tomorrow but I dont able to follow the same, while at the examination time I dont make commitments and I w

Accounting by Real Estate Developers

Posted by CA Sachin D Jain 06 August 2011 41515 Views

The total Cost can be divided under the following Cost Centers: Project Cost Centre (PCC) Specific Costs Head Office Cost Center (HOCC) Common Costs and Administration and Selling Costs