CAclubindia Articles

SEZ - A Need for Enterprises

Posted by SANYAM ARORA 10 August 2011 14474 Views

A very Good morning to all the member's of CCI family. Today i am here to discuss upon a very vital topic i.e " SEZ - Special Economic Zone " - A Need for Enterprises. I promise you all, i will not use any law language, so that you all

Sale of SIM cards is within the ambit of service tax

Posted by RG - A Helping Hand 10 August 2011 23751 Views

Dear All, This is to inform you all that with reference to the decision passed by the Honble Supreme Court of India in the matter of Idea Mobile Communication Ltd. v. Commissioner

Input Service Credit vis-a-vis Services Debtors Write-off

Posted by Manoj Pala 10 August 2011 18724 Views

Reversal of Input Service Credit in case of service Debtors written off in the books of accounts A. Insofar, there is no provision in the CC Rules for reversal of input service credit in case services Debtors are written-off. B. For

Company Law Settlement Scheme 2011: First Comes First!!

Posted by Pankaj Pendse 10 August 2011 14824 Views

Ministry of Corporate Affairs vide its latest General Circular No.59/2011 has introduced a Company Law Settlement Scheme 2011 ( hereinafter referred as CLSS 2011) to regularize the belated filings of the documents with the Ministry of Corporate Affa

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