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...
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Category : Corporate Law |
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Posted Date : 13-Feb-2015 , 02:16:31 pm | Posted By
CA 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...
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Category : VAT |
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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
CA 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...
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Category : Service Tax |
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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...
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Category : Income Tax |
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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
CA 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 ...
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Category : Custom |
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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...
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Category : Corporate Law |
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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...
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Category : Auditing |
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1 | Hits : 2015 |
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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...
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Category : Income Tax |
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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 ...
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Category : Income Tax |
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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...
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Category : Budget |
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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 ...
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Category : VAT |
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Posted Date : 05-Feb-2015 , 12:20:56 pm | Posted By
CA Bimal Jain
Dear Professional Colleague, Once the Assessee has filed an appeal by paying the mandatory pre-deposit amount of 7.5%, their bank account cannot be freeze We are sharing with you an important judgment of Hon’ble CESTAT, Mumbai, in the case of Kala Mines and Minerals Vs. Commissioner of Custo...
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Category : Service Tax |
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Posted Date : 04-Feb-2015 , 12:43:29 pm | Posted By
CA Bimal Jain
Dear Professional Colleague, Input Service Distributor need not be a ‘manufacturer’ or ‘output service provider’ for availing Cenvat credit We are sharing with you an important judgment of Hon’ble CESTAT, New Delhi, in the case of Moser Baer India Ltd. Vs. Commissione...
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Category : Service Tax |
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0 | Hits : 365 |
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1st attempt CA writes about the books referred by him
Posted Date : 03-Feb-2015 , 10:18:20 am | Posted By
Ketan Gupta
About the Author
This article is authored by CA Ketan Gupta. He cleared his CA Final Examination in 1st attempt in examination held in November, 2014 with the following marks:
Financial Reporting
44
Strategic Financial Management (SFM)
43
Advanced Auditing &...
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Category : Students Zone |
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Providing men and materials for laying concrete mixture is to be treated as
Posted Date : 02-Feb-2015 , 12:23:48 pm | Posted By
CA Bimal Jain
Dear Professional Colleague, Providing men and materials for laying concrete mixture is to be treated as ‘Works Contract’ and not as ‘Sale’ We are sharing with you an important judgment of Hon’ble High Court, Madras, in the case of Thirumalai Ready Mix Concrete Vs. St...
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Category : VAT |
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Important Details you should know about Asian Development Bank (ADB)
Posted Date : 01-Feb-2015 , 03:08:51 pm | Posted By
Jatin Kumar
The World Bank had been trying to set up re development banks and some regional banks have been established for developing countries in Latin America, Africa and Asia. The Asian Development Bank popularly known as the ADB, was set up in 22nd August 1966.
It is a multinational regional devel...
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Category : Banking |
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Legislative history of filing stock statement as on 31st March of every year under DVAT Act, 2004
Posted Date : 01-Feb-2015 , 01:25:22 pm | Posted By
CA Vinod Kumar
Legislative history of filing stock statement as on 31st March of every year under DVAT Act, 2004
INTRODUCTION:
I shall begin my write-up with the wording of section 70 of DVAT Act which empowers Commissioner DVAT to issue notifications and prescribe various forms which are necessar...
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Category : VAT |
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Process flow under TReDS
Posted Date : 01-Feb-2015 , 01:40:39 am | Posted By
Jatin Kumar
a. Corporate buyer sends purchase order to MSME seller
b. MSME seller delivers the goods along with an invoice. There may or may not be an accepted bill of exchange depending on the trade practice between the buyer and the seller.
c. Thereafter, on the basis of either an invoice or a bill of e...
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Category : RBI |
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ऑनलाइन पुराने पैन कार्ड की नई कॉपी निकलवाने के लिए अपनाएं यह आसान तरीके
Posted Date : 30-Jan-2015 , 08:19:31 pm | Posted By
Vimmi
कई बार ऐसा होता है कि पैन कार्ड छपी डिटेल्स मिटने लग&#...
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Category : Income Tax |
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Important Computer Extensions
Posted Date : 30-Jan-2015 , 06:24:41 pm | Posted By
Jatin Kumar
Important Computer Extensions
Text Files
.log: Log File
.wpd: WordPerfect Document
.odt: OpenDocument Text Document
.pages: Pages Document
.doc: Microsoft Word Document
.docx: Microsoft Word Open XML Document
.tex: LaTeX Source Document
.wps: Microsoft Works Word Processor Docum...
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Category : General |
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