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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
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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,

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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

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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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