Popular Articles

Battle on GST: States vs. Centre

Pradeep Jain 10 October 2015 at 10:41

INTRODUCTION:-Goods and Services Tax (GST), the 122nd Constitutional Amendment Bill, 2014 tabled by Finance Minister Arun Jaitley has already passed in the Lok Sabha. However, due to conflicts between the States and Centre and the reason that the Cen

Changes in Rajasthan VAT at a glance - 2016-17

PAWAN KUMAR KEDIA 11 March 2016 at 10:55

Changes in requirements of VAT-47A/ VAT -47A required:� Non-ferrous metals, alloys and wires thereof substituted in place of Copper in all its forms including wires.� Tobacco and Tobacco products, cigarette, pan masala, & churi replaced

Taxability of Government Services Under Reverse Charge Mechanism

CMA Dipak joshi 07 July 2016 at 11:05

W.e.f. 01st April 2016 all the government services provided to the business entity are taxable in the hands of service receiver. Prior to 01st April 2016 only s..

FAQ's on VAT

vidyasagar 23 November 2010 at 12:38

Q. What is Value Added Tax (VAT)? A. VAT is a multi-point tax on value addition which is collected at different stages of sale with a provision for set-off for tax paid at the previous stage/tax paid on inputs. Q. What is meant by 'Sale

Demand u/s 143 (1) by inc tax dept and rectification u/s 154

CA. Brijesh Baranwal 29 August 2014 at 10:36

Income Tax Return filing season for certain class of assessees including individuals not falling under tax audit provisions has just been over and by now the Income Tax Depar

Difference in ITC availed in GSTR 3B versus GSTR 2A and circular 183/15/2022-GST

CA Roopa Nayak 17 January 2023 at 17:21

Under GST law, input tax credit [ITC] can be availed by the registered person on the inward supplies of goods/services used/intend to be used in course of business of making taxable supplies/zero rated supplies.

Articleship: More than just a job for 3 years

Dheer Thacker 12 February 2020 at 10:22

Now that CA Inter results are out. CA Finalists must be looking for articleship. Articleship is a wonderful experience in the life of a CA student. Here I have summarised everything that you will go through while pursuing your articleship.

PENALTIES AND PROSECUTION

CA. A. K. GUPTA 17 March 2010 at 13:41

Introduction Direct Tax Legislations are one of the significant modes which enable the State to realize the objectives of both Social and Economic Justice as also defraying the cost of rendering public services on the part of the State, Economic ord

All about ITC under GST

CA Diwakar Jha 17 February 2017 at 11:42

In GST, credit will be allowed for almost each penny of tax paid on inward supplies.

CA Final: Apointment of Managerial Personel Analysis Part-II

Ankur Garg 09 October 2009 at 11:36

Dear Members,This Article is in continuation of my previous article on the same subject which is available at the below mentioned link: http://www.caclubindia.com/articles/article_list_detail.asp?article_id=3368 Appointment of a person as a MD who