Popular Articles

A Comprehensive Note on Input tax Credit under Gujarat VAT

CA Pradip Shah 07 July 2008 at 18:20

Input Tax Credit Under Gujarat Value Added Tax Act A Comprehensive Note on Input tax Credit under Gujarat Value added Tax ActBy CA. Pradip R Shahe-mail: pradip_shah@vsnl.comINDEX Description

Service Tax- New Approach

Jeevesh Mehta 01 August 2012 at 11:35

BRIEF OF FEW CHANGES MADE IN SERVICE TAX BY FINANCE ACT, 2012, APPLICABLE FROM 1, JULY, 2012 Budget has unhered a new system of taxation of services known as Negative List Approach. Till now services of specified description were sub

Companies will not be able to receive share app money in cash

CA Nitesh Kumar More 08 November 2013 at 11:30

Penalty upto 2 crores: Private/Public Ltd. Co. will not be able to receive share application money in cash, utilize share application money for business & will have to open separate a/c for share application Many of the private limited compani

Input tax credit on insurance expenses under GST

CA Roopa Nayak 14 June 2022 at 15:08

In this article the paper writer has examined the major kinds of insurance expenses incurred by the taxpayer and the restrictions and eligibility to the credit thereof, relevant decisions in this context as well.

Issue of securities by private companies under Companies Act

Shashikant Sharma 08 July 2014 at 12:22

ISSUE OF SHARES BY PRIVATE LIMITED COMPANIES As per section 23 of the Companies Act, 2013 (the Act) a private company may issue securities- by way of rights issue or bonus issue or through private placement In case of private company ei

How can we download TDS certificate from TIN website?

Naveen Chand Khulve 18 April 2012 at 12:27

As CBDT has issued an important circular [CIRCULAR NO. 01/2012 [F.No. 276/34/2011-IT(B)], DATED 9-4-2012] regarding issuance of TDS certificate in Form 16A in respect of all sums deducted on or after 01-04-2012. As per this circular:-1) All deductors

80G Tax Deduction Limit

Dintakurthi Tirumala 11 April 2014 at 11:15

SECTION 80G DEDUCTION ELIGIBLE COMPUTATION According to this section if the donation made to APPROVED FUNDS/CHARITABLE INSTITUTIONS deduction shall be eligible. For the purpose of this section to get deduction/exemption eligibility, donations are c

CFA (US) & CPA (US) - Overview & Comparison

Rahul Gupta 30 June 2010 at 12:17

Friends, since I joined CFA, I came across number of queries through PM, comments on my profiles, mails etc and also, having a look over the forums and queries on CCI, I feel that most of us are not aware about the course and some have certain doubts

ITC on gifts under GST

CA Roopa Nayak 12 March 2019 at 11:26

Background Every registered person is eligible to avail credit of input tax charged on any supply of goods or services, which are used in the course or �f

Applicability of Form 15CA and 15CB w.e.f 01/10/2013

CA. Anuj Gupta 10 September 2013 at 11:40

CBDT has again changed the Rule 37BB of Income Tax Rule and \the new rule will help the Indian Parties remitting/paying the monies to foreign persons/companies. Now it has been provided that in case of 28 types of payments , there shall be no need