Popular Articles

Liability on scrap if generated from activity not amounting to manufacture

CMA Vignesh R 10 December 2015 at 16:17

Background:Generally all Manufacturers are not fully equipped to Process/manufacture a complete product. Therefore to carry out certain intermediate production process they send their raw materials or their semi-processed goods to a job worker. In t

Gold Mutual Funds

Sathya Sankeerth K N 17 August 2012 at 11:23

A gold mutual fund is like a mutual fund backed by gold as the underlying asset and would be held mostly in demat form. An investor would get a securities certificate issued by the mutual fund running the Gold Mutual Fund defining

From Rs 1000 to Rs 25,000 w.e.f April 2026: Penalty for Failing to Provide Business Information with Tax Officers

Chaitra Seetharam 17 March 2026 at 11:42

Big change in Income-tax Act 2025: Higher penalties introduced for failure to furnish information under Section 254.

Statutory Compliance Calendar for May 2023

CA Raja Shaw 03 May 2023 at 08:59

Compliation of various compliance due date under a single table like Income Tax Act, 1961, Goods and Service Act, 2017, Employees' State Insurance Corporation Act & Employees Provident Fund Organisation Act.

Respected When Needed, Targeted When Convenient - The CA's Dilemma

CA Digant Shah 16 July 2025 at 08:33

An appeal for dignity and unity as CAs face scrutiny -calling on ICAI to ensure protection, due process and institutional support for the fraternity

Issuing C form is statutory obligation of buyer, can be enforced by a writ petition in the High Court

Amit Bajaj 09 July 2013 at 13:38

Many a times I receive queries on a common problem faced by many dealers all over India that what to do when the interstate purchaser of goods refuses or doesnot issue the requisite C forms after purchasing the goods at concessional rate of CST @ 2%

Place of Supply of Goods under GST

Rajesh Kumar 10 April 2017 at 11:01

Place of supply in GST law is of primary importance in GST. It is needed to determine if IGST is payable, or such supply is import/export of services.

Debt Recovery Tribunal - The Influencing Factor

T.R.Radhakrishnan 26 October 2013 at 12:08

Whats in a name? This famous quote of William Shakespeare raises a pertinent question, Do names matter? The answer is, To a remarkable degree, they do.

Conquer your own everest - An Introspection

CA Sourabh Agarwal 04 February 2012 at 13:36

There is a very nice quote in a book Conquer your own Everest. These simple 4 words have a very deep meaning hidden within it. The first word is CONQUER. It does signify that whatever comes to our life, whatever are our dreams and wha

Impact of GST over Contractors

Arti Agarwal 20 September 2017 at 10:53

A single tax structure is definitely a welcome move and the introduction of Goods and Services Tax (GST) seeks to do just that by way of amalgamating a large nu..