Middle Image
   Login  |  Register  |  Forgot Password 
Below Login Ad
Articles Submit Articles
Best practices one can follow to protect one’s tax and financial information over internet, suggestions by IRS (USA)
Posted Date : 11-Jan-2016 , 11:59:42 am | Posted By Meetesh Shiroya

Internal Revenue Service’s (IRS); incometax efiling portal of United States (https://www.irs.gov) have suggested some best practices one can follow to protect one’s tax and financial information. The suggestions are very much relevant for all similar incometax online portals including in...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 441

Charges and taxes levied on the foods served in the Restaurant
Posted Date : 06-Jan-2016 , 12:00:33 pm | Posted By POOJA

Charges and taxes levied on the foods served in the Restaurant:   Service Charges:  This is the charges levied by the restaurant as the payment for the services rendered like serving the foods etc. This charge is not levied by the government and is collected by the owner themselves. Levyi...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 942

STRATEGIC DEBT RESTRUCTURING- AN INTRODUCTION
Posted Date : 05-Jan-2016 , 11:08:14 pm | Posted By Sumat Singhal

STRATEGIC DEBT RESTRUCTURING- AN INTRODUCTION Sumat Singhal  (B.Com, CAIIB, DTIRM,ACA,ACS,CWA(F) 1. PREAMBLE: The concept of Strategic Debt Restructuring ("SDR") has been introduced by the Reserve Bank of India (the "RBI") in the SDR Scheme (the "Scheme") to hel...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 576

Computation of Base Rate based on Marginal Cost of Funds
Posted Date : 05-Jan-2016 , 11:07:45 pm | Posted By Sumat Singhal

Computation of Base Rate based on Marginal Cost of Funds   Sumat Singhal  (B.Com, CAIIB, DTIRM,ACA,ACS,CWA(F)   The Reserve Bank vide its circular DBOD.No.Dir.BC88/13.03.0/2009-10 dated April 9, 2010 introduced the Base Rate system with effect from July 1, 2010, which replaced the ...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 551

GST Refund - The last step of compliance...!!!
Posted Date : 05-Jan-2016 , 01:17:21 pm | Posted By Raman Singla

As per the discussion papers dated August 2015 issued by the Empowered Committee on the last step of Compliance under The Goods And Service Tax Act i.e. Refund under GST, the Committee has stated the steps assessee has to follow at the time of claiming Refund, the documents to be submitted and the p...

Continue Reading...

Category : GST | Comments : 0 | Hits : 381

REASONS FOR SERVICE TAX RETURN GETTING REJECTED...!!!
Posted Date : 29-Dec-2015 , 11:47:02 am | Posted By Raman Singla

Some Service Tax returns gets rejected after uploading of the XML file for the ST3 return, mainly due to the following reasons:- Incorrect selection of return type – whether it is Original or Revised return. When the Financial Year and the Period of Return are different in the XML file a...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 589

GST- A Revolution in Indirect Tax Law
Posted Date : 28-Dec-2015 , 05:50:18 pm | Posted By Rohit Kapoor

GST- A Revolution in Indirect Tax Law Good and Services Tax is the most logical steps towards the comprehensive indirect tax reform in India since independence. Goods and Services Tax is to be implemented shortly by the Government of India. GST is leviable on every transaction involving supply of ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 810

Lawmakers let another GST opportunity go abegging with washout of winter session
Posted Date : 24-Dec-2015 , 08:14:09 pm | Posted By CA Bimal Jain

Lawmakers let another GST opportunity go abegging with washout of winter session   GST has been missing several deadlines in the past. Perhaps, the only major reform both India and the World were looking at from the Parliament’s winter session was the passage of the 122nd Constitut...

Continue Reading...

Category : GST | Comments : 0 | Hits : 368

GST RETURN under GST
Posted Date : 24-Dec-2015 , 11:45:21 am | Posted By Raman Singla

A return is a statement of specified particulars relating to business activity undertaken by the taxable person during a prescribed period.    A taxable person has a legal obligation: To declare his tax liability for a given period in the return; Furnish details about the taxes paid ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 750

GST: RBI E-KUBER... WHATS THAT...???
Posted Date : 23-Dec-2015 , 11:35:39 am | Posted By Raman Singla

The Joint Committee formed under GST recommends that RBI should play the role of an aggregator through its e-Kuber system. Such role will facilitate participation of larger number of banks in GST receipts enhancing convenience for the tax payers and provide single source of information for cred...

Continue Reading...

Category : GST | Comments : 0 | Hits : 214

GST PAYMENT- ONLINE OR MANUAL...??
Posted Date : 21-Dec-2015 , 11:37:14 am | Posted By Raman Singla

One more Report of Joint Committee dated April 2015 was issued to give clarity on the issues relating Goods and Service Tax Payment.   It is said that more the system and procedures are made electronic more is the efficiency of tax administration and greater is the satisfaction of t...

Continue Reading...

Category : GST | Comments : 0 | Hits : 323

Provisions of interest on belated refund in terms of Section 27A of the Customs Act also applies on belated refund of SAD
Posted Date : 17-Dec-2015 , 09:49:08 pm | Posted By CA Bimal Jain

Provisions of interest on belated refund in terms of Section 27A of the Customs Act also applies on belated refund of SAD   Principal Commissioner of Custom Vs. Riso India (P.) Ltd. [(2015) 63 taxmann.com 205 (Delhi)] Facts: Riso India (P.) Ltd. (“the Respondent”) w...

Continue Reading...

Category : Custom | Comments : 0 | Hits : 194

ONLINE DVAT REGISTRATION : -- MANDATORY OR VOLUNTARY WHAT TO APPLY ??
Posted Date : 17-Dec-2015 , 04:03:04 pm | Posted By Ankit Gupta

Now days for Trading goods online via. Flipkart , Amazon , Snapdeal , Shopclues etc. every dealer is required by such e commerce sites to obtain DVAT registration certificate so as to enroll themselves as dealer on such e commerce sites.    In that case, If a person is willing to start ...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 724

Cenvat credit on input services availed prior to initiation of manufacturing activity is admissible
Posted Date : 16-Dec-2015 , 09:36:51 pm | Posted By CA Bimal Jain

Cenvat credit on input services availed prior to initiation of manufacturing activity is admissible Shree Cement Ltd. Vs. Commissioner of Central Excise, Jaipur [2015 (63) taxmann.com 151 (New Delhi - CESTAT)] Facts: The Department denied the Cenvat credit...

Continue Reading...

Category : Excise | Comments : 0 | Hits : 259

Registration under Gujarat VAT TIN and CST TIN - A Common Man's Guide - Part I of Series 10 on 10
Posted Date : 14-Dec-2015 , 07:56:35 pm | Posted By Sachin D Jain

A lot of queries comes to mind when one thinks about taking registration under Gujarat VAT and CST Laws. Some of the queries and their answers are published as follows for the benefits of the readers: What is VAT / CST / TIN / Sales Tax ? Answer: VAT means Value Added Tax On Sales. CS...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 360

GST: NO HOPES IN CURRENT SESSION OF PARLIAMENT...!!
Posted Date : 14-Dec-2015 , 12:42:52 pm | Posted By Raman Singla

As time runs out for the passage of the Goods and Services Tax Bill in the ongoing winter session of Parliament, Union Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi told on Sunday: “We hope Parliament works from Monday so that the stalled work begins.” ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 244

How to crack that interview and get the coveted job
Posted Date : 13-Dec-2015 , 10:38:20 pm | Posted By Anurag Singal

Step 0: Understand the company that is hiring as well as interviewer: Most companies do a ‘pre-placement talk” (in case of campus placements) and when you get the opportunity to ask questions, dont simply ask questions about the company or the job. You should know those things as w...

Continue Reading...

Category : General | Comments : 0 | Hits : 447

SECTION 175 OF COMPANIES ACT 2013 - PASSING OF RESOLUTION BY CIRCULATION
Posted Date : 10-Dec-2015 , 02:47:56 pm | Posted By Manshi Baid

SECTION 175 OF THE COMPANIES ACT 2013 PASSING OF RESOLUTION BY CIRCULATION   In case of companies all the decisions are taken by passing a resolution which may be an ordinary resolution or a special resolution.              &nb...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 600

declaration format to be furnished by the payee under section 194C(6)
Posted Date : 10-Dec-2015 , 01:46:24 pm | Posted By Pardeep Garg

“DECLARATION UNDER SECTION 194C(6) OF THE INCOME-TAX ACT, 1961 No………(To be provided by payee)                              &nb...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 564

WAYS IN WHICH GST WILL HELP THE INDIAN ECONOMY...!!
Posted Date : 09-Dec-2015 , 11:47:53 am | Posted By Raman Singla

We all know that GST is the most radical tax reform in the country since Independence. About nine years in the making, the GST will subsume most of the taxes and levies, radically changing the way tax is collected in India. GST is expected to come into force by next year i.e. 2016. The posi...

Continue Reading...

Category : GST | Comments : 0 | Hits : 405

Cenvat credit is admissible even though the Appellant was not registered with the Service Tax Department at the time of availing input services
Posted Date : 08-Dec-2015 , 09:33:23 pm | Posted By CA Bimal Jain

Cenvat credit is admissible even though the Appellant was not registered with the Service Tax Department at the time of availing input services India Housing Vs. Commissioner of Central Excise, Lucknow [2015 (11) TMI 1422 – CESTAT NEW DELHI] Facts: India Housing (“the Appellant&...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 483

section 174 of the companies act 2013 - QUORUM FOR BOARD MEETING
Posted Date : 08-Dec-2015 , 04:12:31 pm | Posted By Manshi Baid

SECTION 174 OF THE COMPANIES ACT 2013 - QUORUM FOR BOARD MEETING   Quorum here means the minimum number of directors to be present at the board meeting in order to hold the board meeting. The provisions related to the minimum no. of directors i.e. quorum is provided u/s 174 of the compani...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 352

SPECIAL PROVISIONS FOR COMPUTATION OF PROFIT AND GAIN OF BUSINESS ON PRESUMPTIVE BASIS
Posted Date : 07-Dec-2015 , 06:01:43 pm | Posted By Manshi Baid

Section 44AD of the Income Tax Act, 1961 - SPECIAL PROVISIONS FOR COMPUTATION OF PROFIT AND GAIN OF BUSINESS ON PRESUMPTIVE BASIS   This section provides that ELIGIBLE ASSESSEES can in respect of ELIGIBLE BUSINESS can declare 8% or more of the Total turnover or gross receipts on account o...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 562

section 23 of Companies Act 2013 - PUBLIC OFFER AND PRIVATE PLACEMENT
Posted Date : 07-Dec-2015 , 06:01:10 pm | Posted By Manshi Baid

SECTION 23 OF THE COMPANIES ACT 2013 - PUBLIC OFFER AND PRIVATE PLACEMENT The provisions related to the prospectus and issue of securities is contained in Chapter III of the Companies Act, 2013. This chapter contains two parts. Part I is in respect of Public Offer, Part-II is in respect of Pr...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 381

Supply to high seas vessel is liable to VAT if any territorial nexus exist in the State
Posted Date : 05-Dec-2015 , 03:14:24 pm | Posted By CA Bimal Jain

Supply to high seas vessel is liable to VAT if any territorial nexus exist in the State Raj Shipping Vs. State of Maharashtra [2015 (62) taxmann.com 309 (Bombay)] In the instant case, Raj Shipping (“the Petitioner”) was engaged in "Bunker Supplies" which mainly consisted ...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 92

No VAT on free supply of medicines - State Government isn’t competent to levy tax on the basis of Maximum retail price or any other notional value
Posted Date : 04-Dec-2015 , 04:33:53 pm | Posted By CA Bimal Jain

No VAT on free supply of medicines - State Government isn’t competent to levy tax on the basis of Maximum retail price or any other notional value Mapra Laboratories Pvt. Ltd. Vs. Commercial Tax Officer [(2015) 63 taxmann.com 91 (Patna)] Mapra Laboratories Pvt. Ltd. and others (“th...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 167

section 12 of the COMPANIES ACT 2013 - REGISTERED OFFICE OF THE COMPANY
Posted Date : 02-Dec-2015 , 01:49:25 pm | Posted By Manshi Baid

SECTION 12 OF THE COMPANIES ACT , 2013 - REGISTERED OFFICE OF THE COMPANY   Applicability : This Section appilies to every company i.e private as well as public company. This section provides that every company should have a registered office within 15 days of its incorporation and all ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 278

Post-importation services could not be added to the value of the goods imported
Posted Date : 02-Dec-2015 , 04:33:30 am | Posted By CA Bimal Jain

Post-importation services could not be added to the value of the goods imported Commnr. Of Customs (Appeal) Chennai Vs. M/s. Same Engines India Pvt. Ltd. [2015 (11) TMI 441 - SUPREME COURT] Same Engines India Pvt. Ltd. (“the Respondent”) had imported components of Tractors from For...

Continue Reading...

Category : Custom | Comments : 0 | Hits : 166

Interest expenditure, depreciation and profit margin not be taken into consideration for arriving at the cost of production
Posted Date : 30-Nov-2015 , 09:50:54 am | Posted By CA Bimal Jain

Interest expenditure, depreciation and profit margin not be taken into consideration for arriving at the cost of production C.C.E., Vadodara-I Vs. Nirma Ltd. & Ors. [2015 (11) TMI 605 - SUPREME COURT] Nirma Ltd. & Ors. (“the Respondent”) was engaged in the manufacture of Li...

Continue Reading...

Category : Excise | Comments : 0 | Hits : 188

Refund claim is allowed even if the claim is not filed on letter head
Posted Date : 29-Nov-2015 , 09:30:17 am | Posted By CA Bimal Jain

Refund claim is allowed even if the claim is not filed on letter head and further, the question of foreign exchange realization does not arise in case of export of goods as free replacement of defective goods Commissioner of Central Excise, Raipur Vs. Simplex Engineering & Foundary Works P. Ltd...

Continue Reading...

Category : Excise | Comments : 0 | Hits : 207

Articles By Categories

More Categories

Hall of Fame for Articles

Name Pic Articles Rank
Vinay Sharma 177 1
 
CA Bimal Jain 122 55
 
Mukul Gulati 82 67
 
Vimmi 55 3
 
SHIKHA SONI 52 20
 

Search Articles

 
 
 

Find Chartered Accountant Articles On Casansaar.Unique Articles By CA,CS,CMA Professionals.Get Accounting Internships,Ca Articleship Status Online.

 
www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon

CASANSAAR Updates

louboutin shoes sale louboutin shoes uk louboutin schuhe replica designer handbags

↑ Grab this Headline Animator

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.