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Archive: 05 October 2016

Posts in 05 October 2016

Free YouTube Live on The global landscape –  from market’s to trade

May 24, 2024 420 Views 0 comment Print

Join us for an insightful and dynamic YouTube Live session on “The global landscape –  from market’s to trade.” with renowned financial analyst Ankit Baid, MBA Finance. The presentation explores shifting of the global economic landscape, focusing on the decline of US dominance and the rise of China. It examines the potential decrease in global […]

Live Course on Appeal, Pleading & Drafting under GST by CA Sachin Jain

May 15, 2024 7488 Views 0 comment Print

oin us for an immersive live course led by renowned expert CA Sachin Jain, as we delve into the intricacies of appeal, pleading, and drafting under GST.

Establishment of place of business in India by foreign entity- Key Provisions

October 5, 2016 2788 Views 0 comment Print

In the present globalized scenario, where majority of businesses are operating internationally, it is inevitable for global players to set up place of business in various countries across the globe. In India setting up of place of business by foreign entity is governed by the provisions of FEMA. 1999.

Issues with Export of Service in GST

October 5, 2016 17203 Views 6 comments Print

The definition has squarely covered each and every aspect which helps in establishing the fact of export of service. But the lacuna lies in the sub clause (e) which says the supplier of service and recipient of service are not merely establishments of a distinct person;

Impact of GST Over E-Commerce sector

October 5, 2016 3718 Views 0 comment Print

India had an internet user base of about354 million as of June 2015 and is expected to cross 500 million in 2016.Despite being the second-largest user base in world, only behind China (650 million, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54 M, 81%), but is growing at an unprecedented rate, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.

Satisfactory Learning Rather Than Normal Reading…

October 5, 2016 3388 Views 0 comment Print

CA Syllabus is a wide course rather than a tough one. One has to remember so many things at the same time and that’s why it is misunderstood as a tough one. Now, problem is with the memorising all these with the power to present it in a paper.

All about Real Estate (Regulation and Development) Act, 2016

October 5, 2016 17563 Views 0 comment Print

69 Sections of the Real Estate (Regulation and Development) Act, 2016 notified by the Ministry of Housing & Urban Poverty Alleviation on April 27, 2016 bringing the Act into force with effect from May 1, 2016.

CA in Job Vs CA in Practice: Who is better in the long run??

October 5, 2016 81205 Views 6 comments Print

After passing CA final examinations, one question that gives sleepless nights to many is WHETHER TO GO FOR PRACTICE OR JOB?? Your whole future depends upon making the right choice. In this article, I will try to provide you with few factors for comparison, so that you can make an informed decision for yourself after weighing all the pros and cons of both the options available for you.

Registration Under Goods and Services Tax

October 5, 2016 4825 Views 2 comments Print

Every person who is liable to be registered under Schedule III of this Act shall apply for registration in every such State in which he is so liable within 30 days from the date on which he becomes liable to registration but the person other than Input Service Distributor who is registered under the previous law shall not require for the fresher registration shall follow the procedure which has been prescribed.

Threatening letter to initiate legal proceedings if dues not paid is professional misconduct

October 5, 2016 3949 Views 1 comment Print

Delhi HC held that threating letter issued by professional with reminder of unpaid professional dues is unethical conduct which is not expected by members of a civil society to be committed by a professional like that of Chartered Accountant who is looked upon by the society as a dignified professional.

CBI arrests ITO, inspector for accepting bribe

October 5, 2016 6556 Views 0 comment Print

The Central Bureau of Investigation has arrested an Income Tax Officer posted at BKC, Mumbai for accepting a bribe of Rs.Three Lakh and an Inspector of Income Tax for accepting a bribe of Rs. 5000/- from the Complainant.

Notification No. 58/2016-Customs, Dated: 05.10.2016

October 5, 2016 5584 Views 0 comment Print

In the event of failure to export the goods within the period specified in condition (4) of paragraph 1, the Federation and the importer shall, jointly and severally be liable to pay the duties of customs leviable on the goods as on the date of import, along with applicable interest:

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