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	<title>Chartered Accountant&#039;s forum &#124; Forum4ca.com &#187; Law</title>
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	<link>http://www.forum4ca.com</link>
	<description>India&#039;s First Ever Platform for Chartered Accountants and Finance Professionals.</description>
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		<item>
		<title>Negative List for Service Tax</title>
		<link>http://www.forum4ca.com/negative-list-for-service-tax/</link>
		<comments>http://www.forum4ca.com/negative-list-for-service-tax/#comments</comments>
		<pubDate>Wed, 02 Jan 2008 13:01:43 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2008/01/02/negative-list-for-service-tax/</guid>
		<description><![CDATA[We started with three services in 1994 when Service Tax was imposed for the first time. As of today, there are 97 services under the net of services tax and every year they keep on increasing. Service tax is one of the major sources of Indirect tax for government and since inception, every year when [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/negative-list-for-service-tax/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Book Review: Confessions of a Swadeshi Reformer – Yashwant Sinha</title>
		<link>http://www.forum4ca.com/book-review-confessions-of-a-swadeshi-reformer-%e2%80%93-yashwant-sinha/</link>
		<comments>http://www.forum4ca.com/book-review-confessions-of-a-swadeshi-reformer-%e2%80%93-yashwant-sinha/#comments</comments>
		<pubDate>Mon, 19 Nov 2007 13:23:26 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/11/19/book-review-confessions-of-a-swadeshi-reformer-%e2%80%93-yashwant-sinha/</guid>
		<description><![CDATA[I am neither pro BJP nor pro congress but I am pro India and am supporter of any party which works on brining about reforms in India. I had always heard in the past and continue to do so that all the reforms the credit of which is enjoyed by congress were sown by Mr. [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/book-review-confessions-of-a-swadeshi-reformer-%e2%80%93-yashwant-sinha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Telecom Industry under Service Tax Department scanner</title>
		<link>http://www.forum4ca.com/telecom-industry-under-service-tax-department-scanner/</link>
		<comments>http://www.forum4ca.com/telecom-industry-under-service-tax-department-scanner/#comments</comments>
		<pubDate>Wed, 07 Nov 2007 06:19:57 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/11/07/telecom-industry-under-service-tax-department-scanner/</guid>
		<description><![CDATA[Indian Telecom Industry is one of the fastest growing Telecom Industry in world adding close to 8 millions every month. But all is not well and finance ministry is not satisfied with the revenue posted by telecom which indirectly is affecting service tax collected by the government. As you may be aware that tariffs in [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/telecom-industry-under-service-tax-department-scanner/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax free investment limit may be hiked from 100,000 to 150,000</title>
		<link>http://www.forum4ca.com/tax-free-investment-limit-may-be-hiked-from-100000-to-150000/</link>
		<comments>http://www.forum4ca.com/tax-free-investment-limit-may-be-hiked-from-100000-to-150000/#comments</comments>
		<pubDate>Mon, 15 Oct 2007 13:55:08 +0000</pubDate>
		<dc:creator>amit khandelia</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/10/15/tax-free-investment-limit-may-be-hiked-from-100000-to-150000/</guid>
		<description><![CDATA[There is good news for individual tax payers. The investment tax free limit for individuals will be raised to 150,000 from 100,000. The proposal is set forth in order to mobilize funds for infrastructure which needs an investment of $500 billion as earmarked in 11th plan. In order to bridge the deficit of $40 billion [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/tax-free-investment-limit-may-be-hiked-from-100000-to-150000/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Long term capital gain tax on shares to go off â€“ Sec 10 (38) tweaked by CBDT</title>
		<link>http://www.forum4ca.com/long-term-capital-gain-tax-on-shares-to-go-off-%e2%80%93-sec-10-38-tweaked-by-cbdt/</link>
		<comments>http://www.forum4ca.com/long-term-capital-gain-tax-on-shares-to-go-off-%e2%80%93-sec-10-38-tweaked-by-cbdt/#comments</comments>
		<pubDate>Wed, 08 Aug 2007 05:18:21 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[CA News]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/08/08/long-term-capital-gain-tax-on-shares-to-go-off-%e2%80%93-sec-10-38-tweaked-by-cbdt/</guid>
		<description><![CDATA[If you are investing in shares and availing benefit of sec 10 (38) which exempts long term capital gain on shares, there is a bad news for you. CBDT has considered a proposal to limit the scope of exemption only to companies constituting BSE 500 index. This is done to prevent any misuse of section, [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/long-term-capital-gain-tax-on-shares-to-go-off-%e2%80%93-sec-10-38-tweaked-by-cbdt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Education cess hike likely in this year Budget!!</title>
		<link>http://www.forum4ca.com/education-cess-hike-likely-in-this-year-budget/</link>
		<comments>http://www.forum4ca.com/education-cess-hike-likely-in-this-year-budget/#comments</comments>
		<pubDate>Tue, 23 Jan 2007 06:28:51 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2007/01/23/education-cess-hike-likely-in-this-year-budget/</guid>
		<description><![CDATA[Corpus to help underprivileged students access cheap educational loans. The government may increase the education cess in the Budget as part of a plan to create a corpus to provide cheap loans to students from low-income families. This was discussed at a meeting chaired by the Prime Ministerâ€™s Principal Secretary, TKA Nair, on January 12 [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/education-cess-hike-likely-in-this-year-budget/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Germany, Luxembourg to block EU VAT tax reform</title>
		<link>http://www.forum4ca.com/germany-luxembourg-to-block-eu-vat-tax-reform/</link>
		<comments>http://www.forum4ca.com/germany-luxembourg-to-block-eu-vat-tax-reform/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:44:44 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/germany-luxembourg-to-block-eu-vat-tax-reform/</guid>
		<description><![CDATA[Intimidated by the loss of revenue due to the tax reform, Germany, Luxembourg &#038; Portugal were set to block it. The requirement of Unanimity to adopt tax measures in the 25-nation bloc and only 20 member states backed its compromise on the value-added tax reform aimed at making it simpler to file returns by the [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/germany-luxembourg-to-block-eu-vat-tax-reform/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ad Valorem duty to hit CTV growth says Cetma</title>
		<link>http://www.forum4ca.com/ad-valorem-duty-to-hit-ctv-growth-says-cetma/</link>
		<comments>http://www.forum4ca.com/ad-valorem-duty-to-hit-ctv-growth-says-cetma/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:33:51 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/ad-valorem-duty-to-hit-ctv-growth-says-cetma/</guid>
		<description><![CDATA[The consumer Electronics &#038; TV manufacturerâ€™s Association (Cetma) has severely criticized the governmentâ€™s plan to impose a levy of 10-15% ad Valorem on sales of TV sets in the country. Cetma has described this move as â€œanti-aam aadmiâ€. The industry association feels that such a levy would increase the tax burden on the color TV [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/ad-valorem-duty-to-hit-ctv-growth-says-cetma/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Inflation still worries Bernanke</title>
		<link>http://www.forum4ca.com/inflation-still-worries-bernanke/</link>
		<comments>http://www.forum4ca.com/inflation-still-worries-bernanke/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:32:14 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[CA News]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/inflation-still-worries-bernanke/</guid>
		<description><![CDATA[Ben Bernanke, the chairman of Federal Reserve is still concerned about the inflation and want to make sure that the price hikes donâ€™t make the things worse. Bernanke said that the fed policymakers would be careful about ensuring that the recent pattern of higher readings in core inflation is not maintained. The head of the [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/inflation-still-worries-bernanke/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Airlines to run up $3 billion losses this year</title>
		<link>http://www.forum4ca.com/airlines-to-run-up-3-billion-losses-this-year/</link>
		<comments>http://www.forum4ca.com/airlines-to-run-up-3-billion-losses-this-year/#comments</comments>
		<pubDate>Tue, 20 Jun 2006 06:12:52 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/20/airlines-to-run-up-3-billion-losses-this-year/</guid>
		<description><![CDATA[Soaring oil prices will eventually result in a loss of $3 billion for global airlines this year as per the notion set by industry lobby group IATA. According to IATA Chief Executive Giovanni Bisignani, the ever-increasing hike in oil prices would affect the profitability of the organization. The fuel bill for the industry will amount [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/airlines-to-run-up-3-billion-losses-this-year/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>GE files 24, 000-page tax return</title>
		<link>http://www.forum4ca.com/ge-files-24-000-page-tax-return/</link>
		<comments>http://www.forum4ca.com/ge-files-24-000-page-tax-return/#comments</comments>
		<pubDate>Sun, 18 Jun 2006 05:37:17 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/06/18/ge-files-24-000-page-tax-return/</guid>
		<description><![CDATA[General electric company is fully charged up to beat any competition including one that does not even exist. Here, we are talking about filling the largest tax return. GE filed a 24, 000-page tax return to the internal revenue service this month &#038; this was done electronically that eventually consumed 237 megabytes. This has made [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/ge-files-24-000-page-tax-return/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Phasing out of Tax Sops</title>
		<link>http://www.forum4ca.com/phasing-out-of-tax-sops/</link>
		<comments>http://www.forum4ca.com/phasing-out-of-tax-sops/#comments</comments>
		<pubDate>Thu, 18 May 2006 04:36:31 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/05/18/phasing-out-of-tax-sops/</guid>
		<description><![CDATA[The Ministry of Finance is working to phasing out the direct tax exemptions like housing loans, tax concession on PPF and LIC and scholarships for education, backward area concessions for industry, long term capital gains and concessions for agricultural income. These exemptions have been put on notice by the government, for eventual phase out. Further, [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/phasing-out-of-tax-sops/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Increasing tax rates all over !!!!!</title>
		<link>http://www.forum4ca.com/increasing-tax-rates-all-over/</link>
		<comments>http://www.forum4ca.com/increasing-tax-rates-all-over/#comments</comments>
		<pubDate>Sat, 13 May 2006 16:47:17 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/05/13/increasing-tax-rates-all-over/</guid>
		<description><![CDATA[Now, here is the news for someone who thinks that India has a very high tax structure. The German cabinet passed a proposal that will increase the income tax rates to 45 % and also drawback the tax benefits. According to the Government, the plan is part of the effort by Chancellor Angela Merkel&#8221;s left-right [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/increasing-tax-rates-all-over/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Some Good news for Hi-Fliers ..!!!</title>
		<link>http://www.forum4ca.com/some-good-news-for-hi-fliers/</link>
		<comments>http://www.forum4ca.com/some-good-news-for-hi-fliers/#comments</comments>
		<pubDate>Sat, 06 May 2006 06:49:38 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/05/06/some-good-news-for-hi-fliers/</guid>
		<description><![CDATA[Finaly there is some good news for the hi-fliers (people who fly often). The cost of flying is likely to get cheaper provided the airlines operator pass the benefit to the consumers. The civil aviation ministry has moved a Cabinet note on civil aviation policy in which it proposed, among other things, shifting aviation turbine [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/some-good-news-for-hi-fliers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service Tax Query</title>
		<link>http://www.forum4ca.com/service-tax-query/</link>
		<comments>http://www.forum4ca.com/service-tax-query/#comments</comments>
		<pubDate>Mon, 01 May 2006 08:22:30 +0000</pubDate>
		<dc:creator>Vikas</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/05/01/service-tax-query/</guid>
		<description><![CDATA[Hello Members, One of my clients is an architect &#038; interior designer. He also comes under the category of &#8220;Construction Services&#8221;. But while registering him with Service Tax Department we forgot to add the service of &#8220;Construction Service&#8221; and hence Certificate mentions only Architect &#038; Interior Designer. Since this was not noticed either by us [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/service-tax-query/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Sevice Tax on new Services &#8230;.!!!</title>
		<link>http://www.forum4ca.com/sevice-tax-on-new-services/</link>
		<comments>http://www.forum4ca.com/sevice-tax-on-new-services/#comments</comments>
		<pubDate>Thu, 27 Apr 2006 12:00:09 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/04/27/sevice-tax-on-new-services/</guid>
		<description><![CDATA[The Finance Act, 2006 recieved its assent from the President of India on 18th April. And from 1st May, all the new services brought into the ambit of service tax shall be chargeable to tax. One such service &#8220;support services of business or commerce&#8221; will also be chargeable to service-tax. Support services of busines or [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/sevice-tax-on-new-services/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Finance Act, 2006 recieves the assent of the President !!</title>
		<link>http://www.forum4ca.com/finance-act-2006-recieves-the-assent-of-the-president/</link>
		<comments>http://www.forum4ca.com/finance-act-2006-recieves-the-assent-of-the-president/#comments</comments>
		<pubDate>Thu, 20 Apr 2006 14:14:03 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/04/20/finance-act-2006-recieves-the-assent-of-the-president/</guid>
		<description><![CDATA[The Finance Act, 2006 (No.21 of 2006) has received the assent of the President of India on the 18th April, 2006. The effect of the various provisions of the Finance Act relating to levy of service tax are explained hereinafter. Service tax leviable on taxable services under section 66 of the Finance Act, 1994 has [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/finance-act-2006-recieves-the-assent-of-the-president/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Evasion Penalties</title>
		<link>http://www.forum4ca.com/tax-evasion-penalties/</link>
		<comments>http://www.forum4ca.com/tax-evasion-penalties/#comments</comments>
		<pubDate>Mon, 17 Apr 2006 13:33:50 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/04/17/tax-evasion-penalties/</guid>
		<description><![CDATA[[This is an article by Rita Preece whose bio can be viewed at bottom of this article. This is a good read] Tax evasion is illegally avoiding paying taxes, failing to report, or reporting inaccurately. The most common one is failing to report cash income. The government imposes strict and serious penalties for tax evasion. [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/tax-evasion-penalties/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Checklist for compliance of Accounting Standards</title>
		<link>http://www.forum4ca.com/checklist-for-compliance-of-accounting-standards/</link>
		<comments>http://www.forum4ca.com/checklist-for-compliance-of-accounting-standards/#comments</comments>
		<pubDate>Sat, 01 Apr 2006 19:06:18 +0000</pubDate>
		<dc:creator>Aaraav Sikand</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/04/02/checklist-for-compliance-of-accounting-standards/</guid>
		<description><![CDATA[INDIAN ACCOUNTING STANDARDS COMPLIANCE CHECKLIST Objective of the checklist The checklist is designed to verify compliance with Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) and can be used by accountants, auditors, audit committee members, etc. When a more thorough understanding of a Standard is needed, reference should be made to [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/checklist-for-compliance-of-accounting-standards/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Credit for Minimum Alternate Tax</title>
		<link>http://www.forum4ca.com/credit-for-minimum-alternate-tax/</link>
		<comments>http://www.forum4ca.com/credit-for-minimum-alternate-tax/#comments</comments>
		<pubDate>Thu, 30 Mar 2006 06:51:03 +0000</pubDate>
		<dc:creator>Taarini Chawla</dc:creator>
				<category><![CDATA[Business Model]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/30/credit-for-minimum-alternate-tax/</guid>
		<description><![CDATA[Prior to budget, it pained to see that the credit of MAT (Minimum Alternate Tax) could not be taken. But the situation has imporved post budget as our FM Mr P. Chidambaram has been little kind to the corporates in this regard. The MAT credit shall be available in respect of MAT paid under Section [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/credit-for-minimum-alternate-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Service Tax on Practising CAs, ICWAs and CSs</title>
		<link>http://www.forum4ca.com/service-tax-on-practising-cas-icwas-and-css/</link>
		<comments>http://www.forum4ca.com/service-tax-on-practising-cas-icwas-and-css/#comments</comments>
		<pubDate>Thu, 30 Mar 2006 04:40:26 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/01/service-tax-on-practising-cas-icwas-and-css/</guid>
		<description><![CDATA[In one of the moves in the budget, the notification no. 59/98 dated 16th October 1998 was withdrawn by notification no. 2/2006 with effect from 1st March 2006. The development has astonished the entire community of Chartered Accountants, Costs and Works Accountants and Company Secretaries. As a result of the withdrawal of the notification, all [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/service-tax-on-practising-cas-icwas-and-css/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Tax statements can be viewed online now-on..!!!</title>
		<link>http://www.forum4ca.com/tax-statements-can-be-viewed-online-now-on/</link>
		<comments>http://www.forum4ca.com/tax-statements-can-be-viewed-online-now-on/#comments</comments>
		<pubDate>Tue, 28 Mar 2006 16:25:51 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/28/tax-statements-can-be-viewed-online-now-on/</guid>
		<description><![CDATA[With changing times, internet has come accross as a amazing channel for communication to reach people at large for providing information as well as interaction with them. Nowadays lot many information are published by the departments so that public has an easy access to it. Recently making a similar move, the Income tax department has [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/tax-statements-can-be-viewed-online-now-on/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Recent Important HIGH COURT and APPELLATE TRIBUNAL ORDERS  related to Direct Tax.</title>
		<link>http://www.forum4ca.com/recent-important-high-court-and-appellate-tribunal-orders-related-to-direct-tax/</link>
		<comments>http://www.forum4ca.com/recent-important-high-court-and-appellate-tribunal-orders-related-to-direct-tax/#comments</comments>
		<pubDate>Mon, 27 Mar 2006 10:43:06 +0000</pubDate>
		<dc:creator>Aaraav Sikand</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/30/recent-important-high-court-and-appellate-tribunal-orders-related-to-direct-tax/</guid>
		<description><![CDATA[HIGH COURT ORDERS F Amount received after resignation from former employer for not accepting employment in rival concern not assessable as salary : B. K. Kotru v. CIT (Bom) p. 1 F Tax not deductible by assessee on amount paid as hire charges for taking temporary possession of ships : CIT v. Poompuhar Shipping Corporation [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/recent-important-high-court-and-appellate-tribunal-orders-related-to-direct-tax/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Patil Assured Mumbai Exporters to return VAT within 4 months</title>
		<link>http://www.forum4ca.com/patil-assured-mumbai-exporters-to-return-vat-within-4-months/</link>
		<comments>http://www.forum4ca.com/patil-assured-mumbai-exporters-to-return-vat-within-4-months/#comments</comments>
		<pubDate>Mon, 27 Mar 2006 02:07:55 +0000</pubDate>
		<dc:creator>Vikas</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/27/patil-assured-mumbai-exporters-to-return-vat-within-4-months/</guid>
		<description><![CDATA[[PTI] In a land mark move state Government of Maharashtra is offering a relief to exporters. Maharashtra Finance Minister Jayant Patil has assured that the refunds of the Value-Added Tax (VAT) to exporters in the State would start within four months. Notably, exporters, who have no liability under VAT, are supposed to apply for the [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/patil-assured-mumbai-exporters-to-return-vat-within-4-months/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Finance Bill passed by Lok Sabha</title>
		<link>http://www.forum4ca.com/finance-bill-passed-by-lok-sabha/</link>
		<comments>http://www.forum4ca.com/finance-bill-passed-by-lok-sabha/#comments</comments>
		<pubDate>Wed, 22 Mar 2006 08:15:03 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/22/finance-bill-passed-by-lok-sabha/</guid>
		<description><![CDATA[The Finance Bill 2006 has been passed by the Lok Sabha today. Consequently, certain changes have been made in the direct and indirect tax provisions of the Bill. Details of these changes are as under:/strong> Direct Taxes Clause 16 of the Finance Bill, 2006 proposed that deduction under Section 80C of the Income-Tax Act shall [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/finance-bill-passed-by-lok-sabha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Filling of returns anywhere !!!</title>
		<link>http://www.forum4ca.com/filling-of-returns-anywhere/</link>
		<comments>http://www.forum4ca.com/filling-of-returns-anywhere/#comments</comments>
		<pubDate>Mon, 13 Mar 2006 16:34:08 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/13/filling-of-returns-anywhere/</guid>
		<description><![CDATA[At present, filing of tax returns are to be done be the assessee&#8217;s only in the place where they are registered or where they have theri principle place of business. Further, wards or circles are created within a city and the assessee&#8217;s are supposed to submit their returns in their respective wards only. The wards [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/filling-of-returns-anywhere/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>SC upholds the Constitutional validity of FBT</title>
		<link>http://www.forum4ca.com/sc-upholds-the-constitutional-validity-of-fbt/</link>
		<comments>http://www.forum4ca.com/sc-upholds-the-constitutional-validity-of-fbt/#comments</comments>
		<pubDate>Sun, 12 Mar 2006 19:22:55 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Practice Management]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/13/sc-upholds-the-constitutional-validity-of-fbt/</guid>
		<description><![CDATA[The Finance ministry can take a sigh of relief now as it has a reason to celebrate as the Supreme Court vacated the stay allowed by Madras High Court. But the Corporates must be a dejected lot as the Supreme Court upheld the constitutional validity of the much infamous Fringe Benefit Tax. So, the much [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/sc-upholds-the-constitutional-validity-of-fbt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Arbitration&#8230;!!</title>
		<link>http://www.forum4ca.com/arbitration/</link>
		<comments>http://www.forum4ca.com/arbitration/#comments</comments>
		<pubDate>Sun, 12 Mar 2006 09:53:54 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[Audit]]></category>
		<category><![CDATA[fringe-benefit-tax]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/12/arbitration/</guid>
		<description><![CDATA[Indian system though fair and powerful is awfully overcrowded and slow. Delay in justice further undermines the faith in the judicial system leading to people seeking to sort grievances by unlawful means and out of course settlement tactics. For years, parliamentarians, legislatures etc. are trying to find the root causes for the delays and are [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/arbitration/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Web Advertising &#8211; A fastest growing media today.</title>
		<link>http://www.forum4ca.com/web-advertising-a-fastest-growing-media-today/</link>
		<comments>http://www.forum4ca.com/web-advertising-a-fastest-growing-media-today/#comments</comments>
		<pubDate>Tue, 07 Mar 2006 21:55:13 +0000</pubDate>
		<dc:creator>Arun</dc:creator>
				<category><![CDATA[Business Issues]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/03/08/web-advertising-a-fastest-growing-media-today/</guid>
		<description><![CDATA[Web based advertising is a real hot area in the present times. The legitimacy of advertising on the internet arises from the fast that most of net users are already familiar with advertisements on print and audio visual media. Hence, as the internet grew popular, it was expected that it would carry advertisements. A particularly [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/web-advertising-a-fastest-growing-media-today/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Manage your Property Taxes</title>
		<link>http://www.forum4ca.com/manage-your-property-taxes/</link>
		<comments>http://www.forum4ca.com/manage-your-property-taxes/#comments</comments>
		<pubDate>Sun, 26 Feb 2006 09:18:53 +0000</pubDate>
		<dc:creator>Madhur</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Issues]]></category>
		<category><![CDATA[Law]]></category>

		<guid isPermaLink="false">http://www.forum4ca.com/archives/2006/02/26/manage-your-property-taxes/</guid>
		<description><![CDATA[Hey freinds.. We always feel that taxes eat out most of the share of our hard earned income and we all look for ideas to save taxes. We try to ensure better tax planning so as to shell out as little as possible from our kitty in favour of the taxmen. So here is a [...]]]></description>
		<wfw:commentRss>http://www.forum4ca.com/manage-your-property-taxes/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
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