Popular Articles

Central Excise on Jewellery: Whether fears are real?

Ashish Chaudhary 01 April 2016 at 11:00

BackgroundExcise Duty has been imposed on the article of jewellery in the Union Budget 2016-17. There has been protest by trade fearing the nuisances of excise. There fear is not without justifiable reasons

Lower/Nil rate of tax deduction certificate for works

Amit Bajaj 13 September 2012 at 12:22

It is ussualy seen that works contractors registered under Punjab VAT Act, 2005 have always refund to claim from the Excise & Taxation department due to the fact that their final tax liability is much lower/Nil than the tax deductions made u/s

How to win ICAI Cup 2011- PART 1

CS LLB Pulkit Gupta 24 February 2011 at 14:44

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The Big 5 Cost Reduction Tactics

Prashant 17 December 2009 at 13:54

As we near the end of 2009 which has been a very difficult year for employers and employees alike, I am taking this opportunity to list the Five Most Commonly Used Cost Reduction Tactics for 2008 and 2009. Many businesses have applied more than one

Goods & Services Tax in India - Anekta mein Ekta!

Gajendra Maheshwari 28 April 2017 at 11:06

Early morning, I boarded my flight to Ahmedabad. I was invited there by one of the Industry Associations for delivering a lecture on GST.

Deposits under companies act, 2013

CS Divesh Goyal 31 March 2015 at 11:05

Deposits are crucial Topic under Companies Act, 2013. As the month of March is on its end, most of the companies which have taken loan earlier under the companies act 1956 and have filed DPT54 in this Financial year declaring that the companies has s

FAQ's on charge

CS Divesh Goyal 27 June 2016 at 10:35

Principle rule of Creation of Charge is that Charge will be creating only on the Assets of the Company, Assets as defined in Schedule III of the CA-2013.

Transitional provision under GST

Amit Goel 14 September 2017 at 10:38

As per Section 140 (9) of CGST Act 2017: Where any CENVAT credit availed for the input services provided under the existing law has been reversed due to non-pay..

Inventories defined and Rule 3 (5B) of CCR

Manoj Pala 05 August 2011 at 14:39

INVENTORIES defined and read in terms of Rule 3 (5B) of CCR; Inventories are assets (current assets) which encompass a) RAW MATERIALS held for use in the production process or in rendering of services b) Stores, maintenance suppli

Case Study: Application for reduction in share capital u/s 230 of the Companies Act

CA Nirmit Sharma 13 August 2018 at 10:49

Facts of the case:R Systems International Limited is a company listed on recognized stock exchange in India having its registered office in New Delhi. The Compa..