Popular Articles

CA isn't overrated - It's worth a lot more

Kartikey Jain 23 July 2018 at 12:45

Recently, in an interview to a financial daily, Kumar Mangalam Birla, chairman of the Aditya Birla Group, one of the largest Indian conglomerates remarked &ldqu..

Can you File an Income Tax Return after the Due Date?

CA Sapna Ghelani 08 April 2021 at 09:53

Section 139(4) says if you have skipped the due date for filing ITR, you can file a belated return with a penalty for belated return of Rs 10,000.

Interest, Late Fees and Penalty under TDS provision

CAJayprakash Pandey 14 May 2021 at 09:42

Discussing TDS Interest and its different types, together with the late fees for delay in filing of TDS Return and penalty that may be imposed on late filing of TDS Return u/s 271H.

Holding of Board Meetings through Electronic Mode

Vivek Sethia 22 June 2011 at 12:59

Finally, Indian Corporate regulators have recognized the mode of holding the company meetings through electronic mode. Going forward meetings held through such mode shall now be duly accepted and recognized in court of law. The Ministry of Corpor

Reassessement under Income Tax Act

Amit Bajaj 29 January 2010 at 11:48

The power of assessement or reassessement of any income chargable to tax that have escaped assessement has been provided under secton 147 r w s 148 of Income Tax Act of 1961.If the assessing officer has the reason to believe that any income charga

Demonetization - Has it helped?

CA Anurag Sharma 03 December 2016 at 12:16

A huge debate regarding "Demonetization" is going on in the country. Even in offices and our daily routine we are witnessing its impact.On 8th Novembe

Service Tax Implications of Composite contract

CA Roopa Nayak 11 June 2016 at 12:33

Service Tax Implications of Composite contractCA Madhukar N. Hiregange& CA Roopa Nayak In this article we look at the validity of service tax levy on composite contracts comprised of value of land +goods + construction. This is in the

Six months limit- Can it be extended?

Madhukar N Hiregange 27 August 2014 at 10:54

Revenue Augmentation 6 Month Restriction Can One Avail post 1st September?CA Madhukar N Hiregange& CA Roopa NayakExcise duty collections are expected to be about Rs. 2 Lakhs crores and Service Tax collections about 2.2 Lakhs cror

Interest on Refund:Ranbaxy Case

vishal mishra 13 August 2012 at 11:24

RECENT CASE OF RANBAXY LABS LMITED v. UNION OF INDIA AND OTHERS[1] : DATE FOR DETERMINATION OF INTEREST ON REFUND UNDER S. 11-BB OF CENTRAL EXCISE ACT, 1944 VISHAL MISHRA INTRODUCTION Under the Central Excise Act, 1944, an assessee can make a cl

Concept of Supply under GST

Nidhi Karnani 01 August 2017 at 11:11

GST as we all know is the 'Goods and Services Tax' has came in effect from the 1st of July 2017, a destination based consumption taxation which is introduced with an objective of eliminating the Cascading effect of taxation under current regime.