Popular Articles

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.

Admissibility of Swachh Bharat Cess as Cenvat Credit

VIKAS KHANDELWAL 03 December 2015 at 12:35

CBEC released a FAQ on 14.11.2015 which clarified that Swachh Bharat Cess (SBC) shall not be available as CENVAT Credit and liability of same cannot be discharged by utilizing CENVAT Credit. Q.14 of FAQ dealing with the issue is reproduced as under:

CA Surabhi: It took me 17 attempts without any break to clear CA final

CA.Surabhi Raizada 28 August 2019 at 18:06

Journey of becoming CA: Never settle for less than you deserveMy CA journey began in same year i graduated from senior secondary school in 2006. I cleared CPT (now foundation) with distinction in my first attempt in 2006 itself. I managed to clear bo

CA Articleship: Some useful Corporate Board Resolutions-I

Ankur Garg 14 December 2009 at 13:52

Dear Members, Please find below a useful corporate article containing some useful sample board resolutions dedicated to CA students doing articleship and looking after corporate affairs of their firms. This article is also very handy for other profes

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

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