CAclubindia Articles

Analysis of Cenvat Credit - Changes in FA 2011

Posted by Madhukar N Hiregange 03 May 2011 81081 Views

Analysis of Cenvat Credit- Changes FA 2011 By Madhukar.N. Hiregange, FCA Introduction: The primary object o

Taxation Aspect of Mergers and Amalgamation

Posted by CMA. CS. Sanjay Gupta 25 April 2023 473410 Views

Taxation Aspects of Mergers and Amalgamations Under Income Tax Act, 1961 Section 2(1B) of Income Tax Act defines amalgamation as merger of one or more companies with another company or merger of two or more companies to from one c

Double Taxation or fair taxation?

Posted by U S Sharma 03 May 2011 25388 Views

Softwares are now charged with service tax as well as Value added tax, and lots of confussion appears in field, now is the industry really facing double taxation ? let us analize the facts ,,,,,,,,,,,,,,,, Taxable Service means any s

Dispute - Genesis to Resolution

Posted by Madhukar N Hiregange 02 May 2011 11646 Views

Handling of Departmental Proceedings - Survey, Search & Seizure, Adjudication Proceedings and Appeals CA Madhukar N. Hiregange The objective of this article is to summarise the basic backgrou

Very simple Exam Advice!!!

Posted by RG - A Helping Hand 04 May 2011 25053 Views

Hi All, For May 2011 Exams here an attempt has been made to share or contribute something from my side in the form of my first article. Hence you are humbly requested to have a look at the few points mentioned below: 1. First of all be ver

Most Ignored Section 80GG - Deductions in Respect of Rents

Posted by Amol Gopal Kabra (CA,CS,DISA) 20 September 2023 226743 Views

SECTION 80GG DEDUCTIONS IN RESPECT OF RENTS PAID Section 80GG is a little ignored Section of the Income Tax Act, 1961. This section provides deductions to those individuals who dont get any benefit of the amount paid towards rented accomm

Clarification regarding sending copies of Balance Sheets

Posted by CS DHANAPAL 30 April 2011 13457 Views

Dear All Sometimes before Postal Department has discontinued the UPC service namely the facility of Certificate of Posting. Consequent upon which our Ministry of Corporate Affairs had permitted the service of documents upon the Shareholder

eXtensible Business Reporting Language (XBRL)

Posted by CA DHIRAJ SATNALIKA 30 April 2011 24061 Views

An Introduction to XBRL XBRL is a language for the electronic communication of business and financial data which is revolutionising business reporting around the world. It provides major benefits in the preparation, analysis and communication of bus

Few questions on Service Tax and Vat

Posted by Member (Account Deleted) 02 May 2011 85589 Views

SERVICE TAX & VAT Dear Student,These are important questions for revising again in last days.Please do complete course and then refer these Q & A.Dont take this as a short-cut.Although I promise you, these questions are picked after

Section 50c applies to immovable depreciable assets

Posted by Amit Bajaj 29 April 2011 15678 Views

ITO vs United Marine Academy(Mumbai ITAT) Brief Facts: The assessee sold an office building for Rs. 49.43 lakhs. As the WDV of the said building was also Rs. 49.43 lakhs, no STCG was offered to tax. The AO held that as the stamp duty valuation of t