CAclubindia Articles

TDS Provisions on Pension Payments

Posted by CA Pranjal Joshi 04 March 2010 119725 Views

TDS Provisions on Pension Payments CA Pranjal Joshi Introduction – TDS is the best medium of collecting tax from the citizens without much of hassles, as the responsibility to deduct tax is not on the government, but on citizen-payer

PRACTICAL ASPECTS OF REGULAR ASSESSMENT PROCEEDINGS

Posted by CA SURENDRA KUMAR RAKHECHA 04 March 2010 17891 Views

PRACTICAL ASPECTS OF REGULAR ASSESSMENT PROCEEDINGS OF A BUSINESS ORGANISATION UNDER INCOME-TAX ACT (A Work Shop and Project for Students – For Details See Part IV ) ** Specially written for caclubindia

Micro finance Institutions-A discussion

Posted by sivadas chettoor 04 March 2010 11096 Views

Accounting and Taxation issues of Micro Finance Institutions WHAT IS MICRO FINANCE? The term Micro Finance is of comparatively recent origin. The concept was popularized by the Nobel Prize winner Mr. Mohammed Yunus of Bangladesh. It basically mean

Budget sets new benchmarks for growth, equity and reforms

Posted by Guest 04 March 2010 4538 Views

Budget sets new benchmarks for growth, equity and reforms -- S. Sethuraman The Union Budget for 2010-11 marks

Discussion on proposed Amendments in Income-tax Act, 1961

Posted by Anumanchipalli Sathikonda 03 March 2010 19294 Views

Finance Bill – 2010-Discussion on Proposed Amendments - Income-tax Act. 1961 DEFINITIONS: Charitable Purpose – Section 2(15) The original clause before its amendment by Finance Act, 2008 stood as follows (15)

Highlights of the Changes in Customs in the Union Budget 201

Posted by MONISH BHALLA 03 March 2010 9913 Views

1. The following changes are made in the duty structure applicable to crude petroleum and refined petroleum products:(i) basic customs duty on crude petroleum increased from Nil to 5%. (ii) basic customs duty on Motor Spirit (petrol) and HSD

Back to Square One

Posted by MONISH BHALLA 03 March 2010 4581 Views

The Authority for Advance Rulings, New Delhi in the case of Harekrishna Developers, STO 2008 AAR 87 observed that the activity of building a residential unit on an earmarked plot in the Complex and making Construction thereon as per the plan, desi

Relief U/S 10

Posted by Rahul Poddar 03 March 2010 33804 Views

Income Exempt from Tax --- rahul poddar --- Overview of section 10 There are certain incomes which are absolutely exempt from tax under section 10 of the income tax act. It’s upon the assessee to prove that a particular item of income is

Detailed Procedure for Winding Up - Under Order of the Court

Posted by Rasesh 02 March 2010 76100 Views

In our country, every corporate house has incorporated many group companies which were run efficiently for some time. But with passage of time, the utility of having such large number of group companies reduced and then the management thought it fit

Highlight of the changes proposed in Central Excise in the Budget

Posted by MONISH BHALLA 02 March 2010 16233 Views

1. The excise duty of all goods which attracted 8% Central Excise duty previously will now be taxed at 10%. 2. The rates of duty on cement manufactured by units other than Mini Cement Plant in packaged form and bulk form have also been revised upwa