CAclubindia Articles

Extension of S. T. to I. T. Sector -A Wonderland of Taxation

CA Pradip Shah 06 July 2008 at 12:18

[This article appeared in “Service Tax Today” Vol. 14 Part-6 dt. 6-6-2008] Extension of Service Tax to Information Technology Sector – A Wonderland of Taxation-III (Part 3 of a series of 3 Articles) by CA. Pradip R Shahe-mail: pradi

REVENUE RECOGNITION

CA. A. Kumar 06 July 2008 at 12:18

Revenue Recognition Principle Revenues are recognized when (a) realized or realizable and (b) earned. [SFAC No. 5, Para. 83] Revenues --> not recognized un

Works Contract under Service Tax- How to make it work?

CA Pradip Shah 05 July 2008 at 01:47

[This article appeared in “Taxmann’s Service Tax Today” Vol. 8 Part 8 dt. 22-6-2007] Works Contract under Service Tax- How to make it work? By CA. Pradip R Shah e-mail: pradip_shah@vsnl.com Overlapping of Services1.0 One of th

Composition Scheme for Works Contract Service under Ser. Tax

CA Pradip Shah 05 July 2008 at 01:47

[This article appeared in “Taxmann’s Service Tax Today” Vol. 10 dt. 5-10-07] Composition Scheme for Works Contract Service under Service Tax – A Boon for Works Contractor? By CA. Pradip R Shahe-mail: pradip_shah@vsnl.comNatur

Determining Value of Service for Works Contract: A Labyrinth

CA Pradip Shah 05 July 2008 at 01:47

[This article appeared in “Taxmann’s Service Tax Today” Vol. 10 dt. 12-10-2007] Determining Value of Service under Works Contract: A Labyrinth By CA. Pradip R Shahe-mail: pradip_shah@vsnl.comIntroduction1.1 With the introduction of

Clinical Trial - From Frying Pan to ....

CA Pradip Shah 04 July 2008 at 17:03

[This article appeared in Taxmann’s “Service Tax Today” Vol. 7 Part 4 dt. 23-3-2007] Budget 2007-08: Clinical Trial - From Frying Pan to ……CA. Pradip R Shah[Executive Summary: Is proposed exemption to clinical trial o

RELATIVES UNDER THE INCOME TAX ACT - A RELATIVE CONCEPT

CA Pradip Shah 04 July 2008 at 17:03

[This article appeared in TAXMAN-Volume 156 Page 89 dt. 21st Oct. 06 ] RELATIVES UNDER THE INCOME TAX ACT – A RELATIVE CONCEPTBy CA Pradip R. Shah Human Society – a cobweb of relationships1.0 Human being is called a social animal. The

Competition Act India

Paramjit Kaur 03 July 2008 at 14:32

In any economy, for the welfare of consumers competition is very necessary. In absence of competition, enterprise start taking undue advantage of their monopolistic position and start exploiting consumers. Advantages of competition are many. Good ex

A letter from Abraham Lincoln to his son's head master..

Ravi Kanth 03 July 2008 at 11:39

Abraham Lincoln, the 16th president of the United States of America (1861 - 1865) is one of the world’s great statesmen for all time. Here is a letter written by Abraham Lincoln to the head master of his school in which his son was studying, a

'A Leader Should Know How to Manage Failure'

Saravanan 25 June 2008 at 16:25

'A Leader Should Know How to Manage Failure' (Former President of India APJ Abdul Kalam at Wharton India Economic forum , Philadelphia, March 22,2008) APJ Abdul Kalam: Let me tell you about my experience. In 1973 I became the project director of