Middle Image
   Login  |  Register  |  Forgot Password 
Below Login Ad
Articles Submit Articles
Budget 2015
Posted Date : 04-Mar-2015 , 07:13:13 pm | Posted By RATHI

BUDGET 2015 / FINANCE BILL 2015   Customarily, the Finance Minister submits before the Parliament the Finance Bill ( popularly known as Budget ) every year on 28th February and it is normally a very anxiously  awaited event throughout the Country as the common man as also the taxpayer co...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 8

Revised and Latest TDS Rate Chart For FY 2015-16 and AY 2016-17
Posted Date : 03-Mar-2015 , 08:41:36 am | Posted By Vimmi

The Changes proposed by the Budget 2015-16 (Finance Bill 2015) related to deduction of tax at source under Chapter XVII of the Income tax Act, 1961 are as under: 1.       Section 194A amended to expressly provide that from 1st June, 2015 the exemption provided fro...

Continue Reading...

Category : TDS | Comments : 2 | Hits : 2331

Rate of Service Tax and Swachh Bharat Cess : Applicability in various situations
Posted Date : 03-Mar-2015 , 08:19:54 am | Posted By Vimmi

In the first full year budget 2015-2016, Hon'ble Prime Minister Modiji and Mr. Jaitley has tried to boost the confidence of people by giving many exemptions, pension schemes and so on. However, to meet all these expectations there must be increase in government's revenue. To meet the requirement of ...

Continue Reading...

Category : Service Tax | Comments : 1 | Hits : 1120

Union Budget 2015: Key Changes in Indirect Taxes
Posted Date : 02-Mar-2015 , 11:49:06 am | Posted By Bimal Jain

Dear Professional Colleague, Union Budget 2015: Key Changes in Indirect Taxes   Amidst huge expectations, the Hon’ble Finance Minister Shri. Arun Jaitley presented the first full-year Budget of the Hon’ble Prime Minister Shri. Narendra Modi's Government on February 28, 2015, Satur...

Continue Reading...

Category : Budget | Comments : 0 | Hits : 486

Budget Highlights
Posted Date : 28-Feb-2015 , 04:20:18 pm | Posted By Upasana Upadhyay

INDIRECT TAXES   GST (Goods & service Tax) will roll out from 01.04.2016.   Excise Duty and cess hiked from 12.36% to 12.50%.   Service Tax hiked to 14%.   ITC under indirect tax can be taken up to 1 year instead of 6months as envisaged earl...

Continue Reading...

Category : Budget | Comments : 1 | Hits : 292

Taxability of Chaotic Interest incomes from acquisition of Land
Posted Date : 27-Feb-2015 , 03:27:34 pm | Posted By Hemant

TAXABILITY OF CHAOTIC INTEREST INCOMES FROM ACQUISITION OF LAND   LAND Acquisition Bill a most heated topic during the budget session of the year 2015. Central Government is in a hurry to pass the land acquisition bill to make it a complete legislation. However, the Anna’s new movement ag...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 236

Service received by petitioner assessee not chargeable to ST
Posted Date : 27-Feb-2015 , 03:24:16 pm | Posted By Rahul Jindal

IN THE HIGH COURT OF BOMBAY TCS E-SERVE LTD Vs UNION OF INDIA AND ORS Dated: February 23, 2015 ST - Tribunal holding that services received by petitioner assessee cannot be held chargeable to ST - Refund claimed on the strength of this order was rejected by Revenue on the ground ...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 42

Pre-deposit has to be waived off if Assessee’s case is a good/ strong prima facie case covered by a binding precedent
Posted Date : 25-Feb-2015 , 02:24:54 pm | Posted By Bimal Jain

Dear Professional Colleague, Pre-deposit has to be waived off if Assessee’s case is a good/ strong prima facie case covered by a binding precedent We are sharing with you an important judgment of Hon’ble High Court, Allahabad, in the case of Shukla & Brothers Vs. Customs, Excise &...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 104

Norms on eligibility, empanelment and selection of Statutory Central Auditors in Public Sector Banks
Posted Date : 24-Feb-2015 , 11:07:37 pm | Posted By CA.Khurana Vivek

Norms on eligibility, empanelment and selection of Statutory Central Auditors in Public Sector Banks   (i) The auditing firm shall have a minimum 7 full time chartered accountants, of which at least 5 should be full time partners exclusively associated with the firm. The remaining 2 coul...

Continue Reading...

Category : Auditing | Comments : 0 | Hits : 686

Procedure for Appointment of Statutory Auditors in Public Sector Banks
Posted Date : 24-Feb-2015 , 11:00:03 pm | Posted By CA.Khurana Vivek

  PROCEDURE FOR APPOINTMENT OF STATUTORY AUDITORS IN PUBLIC SECTOR BANKS. Statutory Central Auditors (SCAs)   1. The number of SCAs to be appointed in PSB will be as under:   i) Category “A” Banks (Large Banks viz. Bank of Baroda, Bank of India, Canara...

Continue Reading...

Category : Auditing | Comments : 0 | Hits : 1117

MYTH ABOUT CA EXAM
Posted Date : 24-Feb-2015 , 03:11:17 pm | Posted By Soniya

During Exam Time we study for long hours, the level of Stress  affects the working of our brain , the fear of syllabus not complete keep us awake late night , these are most common situation during CA/CS/CWA  or any professional  Exam Time  , I am listing from my experience some ...

Continue Reading...

Category : Students Zone | Comments : 1 | Hits : 158

Management and administration under Co. Act, 2013
Posted Date : 23-Feb-2015 , 05:30:29 pm | Posted By Vivek Parakh

Provisions related to Management and Administration – Part 4 Minutes of proceedings of general meeting, meeting of board of directors and other meeting and resolution passed by postal ballot A separate minute book shall be maintained for each type of meeting namely: General meeting of m...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 45

Inputs used in manufacture of finished goods destroyed in fire
Posted Date : 23-Feb-2015 , 11:35:28 am | Posted By Rahul Jindal

Rule 57A does not mandate that credit can be claimed only if there is emergence of final product or that manufacture of final product is complete - Credit admissible on inputs destroyed in fire: High Court  FEB 17, 2015: This is a Revenue appeal against the order passed by the Tribunal. T...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 168

Condonation of filing the delay
Posted Date : 23-Feb-2015 , 10:45:56 am | Posted By Rahul Jindal

ST - Govt departments are working with depleted staff strength - Finance & Accounts Manager is crucial post and its vacancy vital element and factor - In such circumstances, by imposition of costs, discretion could have been exercised by Tribunal in favour of statutory entity: High Court  ...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 242

Input Credit mechanism under proposed GST regime-The milestone to achieve
Posted Date : 22-Feb-2015 , 09:32:23 am | Posted By CA Vinod Kumar

Input Credit mechanism under proposed GST regime-The milestone to achieve     BACKGROUND:   Before I begin this article it is worthwhile to discuss the background behind this since as of today no professional as well dealer is sure about the consequences of proposed GST legislatio...

Continue Reading...

Category : GST | Comments : 0 | Hits : 296

Management and Administration under Co. Act 2013 - Part-3
Posted Date : 21-Feb-2015 , 04:28:54 pm | Posted By Vivek Parakh

Provisions related to Management and Administration – Part 3 Voting through electronic means Listed Co. or Company having 1000 or more shareholders shall provide the facility to vote at general meetings by electronic means. Procedure to be followed: Notices of meetings shall be ...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 181

Interest on delayed refund is permissible from expiry of 3 months’ from the date of filing of Refund application and not from the date of Refund Order
Posted Date : 21-Feb-2015 , 12:33:47 pm | Posted By Bimal Jain

Dear Professional Colleague, Interest on delayed refund is permissible from expiry of 3 months’ from the date of filing of Refund application and not from the date of Refund Order We are sharing with you an important judgment of Hon’ble CESTAT, Ahmedabad, in the case of Tata Chemicals ...

Continue Reading...

Category : Excise | Comments : 0 | Hits : 152

Income Tax Refund may get delayed this year
Posted Date : 19-Feb-2015 , 08:07:24 am | Posted By May I Help You.

Your wait for the income tax refund cheque could get longer. The government, racing against time to meet its budgeted revenue targets, may decide to defer dispatching the tax refund amounts until next year.   This money retained in the state's coffers will only help show a less weak governmen...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 719

Sum paid as a pure agent of service recipient is not includible in value of services
Posted Date : 17-Feb-2015 , 01:53:55 pm | Posted By Bimal Jain

Dear Professional Colleague, Sum paid as a pure agent of service recipient is not includible in value of services We are sharing with you an important judgment of Hon’ble High Court, Chhattisgarh, in the case of Union of India Vs. Raj Wines [(2015) 53 taxmann.com 445 (Chhattisgarh)] on the f...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 211

Management and Administration under Co. Act 2013 - Part-2
Posted Date : 13-Feb-2015 , 08:05:03 pm | Posted By Vivek Parakh

Provisions related to Management and Administration – Part 2   Provisions: (Section 100 to 107, read with Companies (Management and Administration) Rules, 2014 Calling of Extra Ordinary General Meeting (EGM) EGM may be called in 2 ways: a) By Board and b) On Requisition. Board ma...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 254

“SC upholds levy of Sales tax on processing and supplying of photographs - reiterates power to levy tax retrospectively”
Posted Date : 13-Feb-2015 , 02:16:31 pm | Posted By Bimal Jain

Dear Professional Colleague, SC upholds levy of Sales tax on processing and supplying of photographs - reiterates power to levy tax retrospectively We are sharing with you an important judgment of the Hon’ble Supreme Court, in the case of State of Karnataka Etc Vs. Pro LAB and Ors [2015-TIOL...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 202

Cenvat credit availed on the invoices received prior to Service tax registration cannot be denied
Posted Date : 11-Feb-2015 , 04:57:42 pm | Posted By Bimal Jain

Dear Professional Colleague, Cenvat credit availed on the invoices received prior to Service tax registration cannot be denied We are sharing with you an important judgment of Hon’ble CESTAT, New Delhi, in the case of JP. Kenny Ltd. Vs. CCE. & CST. - Delhi [2015 (1) TMI 1199 - CESTA...

Continue Reading...

Category : Service Tax | Comments : 0 | Hits : 214

NO Interest is chargeable u/s 234A on self Assessment tax
Posted Date : 11-Feb-2015 , 04:30:48 pm | Posted By Soniya

Interest under Section 234A of the Income-tax Act, 1961 is charged in case of default in furnishing return of income by an assessee. Calculation of Interest Amount of tax payable on the total income               &nbs...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 145

Declared value of imported goods cannot be enhanced merely on the basis of NIDB data
Posted Date : 09-Feb-2015 , 01:02:01 pm | Posted By Bimal Jain

Dear Professional Colleague, Declared value of imported goods cannot be enhanced merely on the basis of NIDB data We are sharing with you an important judgment of Hon’ble CESTAT, Chennai, in the case of Topsia Estates Pvt. Ltd. Vs. Commissioner of Customs, Chennai [(2015) 53 taxmann.com 345 ...

Continue Reading...

Category : Custom | Comments : 0 | Hits : 143

Change Object Clause
Posted Date : 09-Feb-2015 , 12:36:13 pm | Posted By Dhroov Rajput

Change in Object Clause Memorandum of Association  contain details of object of company and other details of company.  MOA & AOA  are made when a company incorporate, this MOA & AOA Contain  details of company such as object’s, directors or company  registered...

Continue Reading...

Category : Corporate Law | Comments : 0 | Hits : 199

Procedure for Conducting Concurrent Audit of Banks
Posted Date : 08-Feb-2015 , 04:21:57 pm | Posted By Vimmi

Areas to be Covered Bank Concurrent Audit is a kind of internal audit/ where auditor responsibility is to review and correct assign bank branch internal control system. However compare to other internal auditing, concurrent audit is little different; in concurrent audit auditor seats in branch for...

Continue Reading...

Category : Auditing | Comments : 1 | Hits : 1044

TDS rate chart for financial year 2014-15
Posted Date : 08-Feb-2015 , 04:01:58 pm | Posted By Vimmi

  Section Type of payment Threshold limit TDS Rate 192 Payment of salary As per slab - 193 Interest on security 5000 10 194 Dividend –deemed div u/s 222(e) 2500 10 194A Interest...

Continue Reading...

Category : Income Tax | Comments : 1 | Hits : 930

Income tax slabs for A.Y. 2015- 16
Posted Date : 08-Feb-2015 , 03:55:11 pm | Posted By Vimmi

income tax slabs for A.Y. 2015-16 (F.Y. 2014-15): Income tax slabs for a.y. 2015-16 for individual (below age 60 years during previous year) or AOP, BOI, HUF, NRI, AJP  (for woman and man): Up to taxable income Rs. 250000 0 On taxable income exceeds Rs. 250000 but Does not exceed ...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 769

WHAT TO EXPECT FROM BUDGET 2015
Posted Date : 06-Feb-2015 , 12:46:49 pm | Posted By Soniya

BJP Government first budget under the leadership of Shri Narendra Modi making it the most crucial one. General Expectation of people from budget is favourable tax rates, more reliefs, deductions, easy tax Compliance etc. Every year in the month of February Finance Minister presents budget in parliam...

Continue Reading...

Category : Budget | Comments : 0 | Hits : 289

User Manual for filing Form-9 for the year 2013-14
Posted Date : 05-Feb-2015 , 01:46:09 pm | Posted By Sanjay Arora

                                                Online Form-9 USER MANUAL FOR FILING FORM-9 FOR THE YEAR 2013-14: 1. The return is to be filed annually by the dealers who ...

Continue Reading...

Category : VAT | Comments : 0 | Hits : 566

Articles By Categories

More Categories

Hall of Fame for Articles

Name Pic Articles Rank
Vinay Sharma 178 1
 
Mukul Gulati 82 57
 
Bimal Jain 69 90
 
SHIKHA SONI 52 20
 
Gaurav Dhamija 48 26
 

Search Articles

 
 
 
 
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 Classes TestimonialsJudiciaryNotifications/CircularsBookseDirectoryWebsiteEmailseDirectory |   Score Board |   Press Release   |   Blood Bank   |   Opinion Poll   |   Feedback |   Advertise us |   Terms & Conditions |   Contact us
Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon

CASANSAAR Updates

↑ Grab this Headline Animator

Developed By: CASANSAAR Copyright@casansaar