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Commerce Club

Commerce Club

  • Home
  • Income Tax
    • IT Circulars
    • IT Notification
    • IT Caselaw
  • GST
    • GST Law
    • GST Rules
    • GST Rate
      • GST Rate on Goods
      • GST Rate on Services
    • GST Circular
    • GST Notification
    • GST Caselaw
  • Company Law
    • Companies Act 2013
    • Notification
    • Circular
  • Finance
    • Personal Finance
  • Professionals
    • CA
    • CS
    • CMA
  • Empanelment
Service Tax
November 29, 2014 commerceclub

PVC/HDPE Tubes or Pipes are eligible for Capital Goods

Def­i­n­i­tion of cap­i­tal goods as pro­vid­ed under Rule 2(a) of CENVAT Cred­it Rules, 2004 includes ‘tubes and pipes’ with­in its

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Accounts
November 28, 2014 commerceclub

Final report on new accounting norms likely within 15 days

NEW DELHI: The Nation­al Advi­so­ry Com­mit­tee on Account­ing Stan­dards (NACAS) is set to sub­mit its final report on new accounting

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Company Law
November 26, 2014 commerceclub

Extension of time for holding Annual general Meeting (AGM) in State of Jammu and Kashmir

MCA has noti­fied Exten­sion of time for hold­ing Annu­al gen­er­al Meet­ing (AGM) under sec­tion 96(1) of the Com­pa­nies Act, 2ol3-Companies

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RBI
November 25, 2014 commerceclub

Export proceeds to be realised & repatriated to India within 9 Months of from the date of Export

RBI had noti­fied via Cir­cu­lar No RBI/2014–15/306 A.P. (DIR Series) Cir­cu­lar No. 37 that of real­iza­tion and repa­tri­a­tion of export

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Income Tax
November 25, 2014 commerceclub

Loss Incurred in Illegal Business is allowed as Deduction- HC Gujrat

By way of this Tax Appeal, the appel­lant has chal­lenged the judg­ment and order dat­ed 29.01.2004 passed by the Income

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FemaOthers
November 25, 2014 commerceclub

Acquisition/Transfer of Immovable property under FEMA are subject to the applicable tax laws in India

RBI has issued RBI/2014–15/307 A.P. (DIR Series) Cir­cu­lar No. 38 on Novem­ber 20, 2014 regard­ing Acquisition/Transfer of Immov­able prop­er­ty under

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Customs Duty
November 25, 2014 commerceclub

Valuation/Assessment Practice in respect of export of Iron Ore

CBEC has noti­fied Valuation/Assessment Prac­tice in respect of export of Iron Ore via Cir­cu­lar No. 12/2014 –Cus­toms on 17th Novem­ber, 2014

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Income Tax
November 25, 2014 commerceclub

Disallowance from Business/Profession income a Practical Approach

Sec­tions 40, 40A and 43B pro­vide the list of expens­es which are specif­i­cal­ly dis­al­lowed while com­put­ing income charge­able to tax

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RBI
November 25, 2014 commerceclub

Re-designing Regulatory Framework for NBFCs by RBI

Re-design­ing Reg­u­la­to­ry Frame­work for NBFCs by RBI The Non-Bank­ing Finance Com­pa­nies (NBFCs) in India, have evolved over the last fifty years

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RBI
November 25, 2014 commerceclub

RBI Cautions against Misuse of cancelled NBFC Certificate of Registration

It has come to the notice of the Reserve Bank of India that some entities/imposters, includ­ing com­pa­nies, part­ner­ship firms, individuals,

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