Popular Articles

Whether MVAT TDS is transferable ?

Posted by Gopal Navandar 29 August 2014 15513 Views

Whether MVAT TDS credit can be transferred in favour of Sub contractor?-Guiding sections are sec. 31(4) and Sec.45(4) of MVAT ACT., rule 50, Form 406, 407,408,409.- Unlike Income tax, TDS under MVAT is single point, hence intention of legislature is

Reversal of Input Tax Credit

Posted by Kaushik Deepak (KD) 17 February 2018 15513 Views

Reversal of Input Tax Credit, ITC on capital goods and reversal on its Sale

Section 50 C

Posted by Manali Agrawal 19 July 2011 15511 Views

As Albert Einstein said "The hardest thing in this world is to understand income tax." And Vanya Cohen said"When there's a single thief it's robbery and when there are thousand thieves its taxation." Entry 82 of Indian Co

Don't pay any tax if your annual income is up to Rs. 5 lacs

Posted by Prerna Saraogi 03 July 2019 15510 Views

The recent announcement in the Interim Budget on 1st February, made by the honorable Finance Minister there was an increase in the tax rebate to Rs. 500,000.

ISCA Mnemonic words

Posted by Parag Sambhaji Shinde 23 March 2017 15509 Views

I am really happy that you all liked mnemonic words I shared earlier and found them useful. Today I m sharing mnemonic words for CHAPTER 1

Auditor's Nightmare

Posted by Dilip K Raina 25 April 2011 15506 Views

Believe it or not, with every breaking news with respect to fraud/misappropriation/or untenable and unreasonable demands of different government authorities, the most affected and harassed person, now a days, is the auditor or the auditing firm who

FAQs on QRMP Scheme

Posted by CS Lalit Rajput 17 February 2021 15502 Views

Answering 14 FAQs regarding the Quarterly Return and Monthly Payments Scheme, which was announced in the 42nd GST Council Meet and aims at simplifying compliance for small taxpayers.

Export Incentives in India - Latest List of 20+ Export Promotion schemes

Posted by Guest 24 September 2020 15500 Views

Export Incentives in India - Latest List of 20+ Export Promotion schemes

Service Tax Implications of Plotted Development

Posted by CA Roopa Nayak 08 June 2016 15498 Views

CA Madhukar N. Hiregange&CA Roopa Nayak In this article we would examine what would be the effect of some services activity conducted in the course of a sale of immovable property in general and development of plots in particular. Conse