CAclubindia Articles

OVERVIEW - AIR

Posted by HARANATH 26 January 2008 4151 Views

ANNUAL INFORMATION RETURN (AIR) Annual Information Return (AIR) of 'high value financial transactions' is required to be furnished under section 285BA of the Income-tax Act, 1961 by 'specified persons' in respect of 'specified transactions' registere

procedure for e-payment of tax

Posted by HARANATH 26 January 2008 4155 Views

Procedure for e-payment: 1. To pay taxes online the taxpayer will select the relevant challan i.e. ITNS 280, ITNS 281, ITNS 282 or ITNS 283, as applicable.2. Enter its PAN / TAN as applicable. There will be an online check on the validity of

Top 10 Estimation Best Practices

Posted by CMA Gul S 25 January 2008 4511 Views

1. Use more than one person - By engaging the team in the estimation process we gain the benefits of additional insights and consensus building. Additional people bring different perspectives to estimating and spot things individuals may miss. Also,

FAQs ON SERVICE TAX

Posted by Garima 23 January 2008 10136 Views

F. A. Qs on Service TaxQ.1) What is Service Tax ? Ans. The Service Tax is an indirect tax levied on certain services provided by certain categories of persons/firms/agencies. Service Sector which had represented nearly 35-40% of GPD had remained unta

Liability of Service Recipient- An overview

Posted by Supreme Kothari 21 January 2008 13064 Views

Liability of Service RecipientAn overview The birth of Import of Services under the Finance Act, 1994 has been rather a silent incursion. The liability imposed on the receiver of a taxable service, in certain cases, where the provider of ta

Micro Finance, Theoretical Study

Posted by Sankar Ganesh 19 January 2008 8924 Views

MICRO FINANCE, A SCOPE 1. Introduction Mostly Micro Finance is the term used for funding poor families with very small loans to improve their livelihood but its activities grow more than providing small loans and it discusses a broad range of service

Company Secrets

Posted by Deepak Maithani 17 January 2008 6893 Views

Protecting Company Secrets More business owners are forcing their new hires to sign noncompetes. Should you? Once reserved for job-hopping executives and high-tech gurus, noncompete agreements are becoming standard in an unexpected range of businesse

Real Estate

Posted by shipra walia 14 January 2008 6161 Views

REAL ESTATE IN INDIA AN EMERGING SECTOR REAL ESTATE has generated immense interest in recent times. With the growing pace it has attracted investments not just from India but from overseas also. Even though after being a part of real estate ind

STEPS TO FILE INCOME TAX RETURNS ONLINE

Posted by NIHAR RANJAN 14 January 2008 7169 Views

COMPILEDBY NIHARRANJAN BEURACRL-BEL,BANGALORE.THAT'S IT STEP-1 GO TO www.incometaxindia.gov.in STEP-2 REGISTER YOURSELF WITH YOUR 'PAN NO' AS YOUR LOGIN ID. STEP-3 DOWNLOAD THE SOFTWARE OF THAT FORM (ITS NOTHING BUT A PDF FILE). SAME

SOME TIPS BEFORE FILING IT-RETURN

Posted by Garima 14 January 2008 5634 Views

Some tips before you file I-T...lest you miss out Whether you file it through the e-mode or the qmode, rush hour filing may mean that you could inadvertently miss out on certain details & disclosures . The new return formats do not require f