CAclubindia Articles

MCA's OAVM Extension for AGMs

Affluence Advisory 02 October 2023 at 08:22

Ministry of Corporate Affairs extension for conducting Annual General Meetings through Video Conferencing or other audio-visual means (‘OAVM’)

Penalties for Not Filing Tax Audit Report

Startup Solicitors LLP 30 September 2023 at 14:27

In India, the Income Tax Act mandates that certain individuals and entities must undergo a tax audit and file a Tax Audit Report (TAR) by a specified due date. Failing to comply with this requirement can lead to various penalties and consequences. Let's explore the penalties for not filing a Tax Audit Report in India:

No IGST on Ocean Freight in CIF Contracts: Changes Notified

Bimal Jain 30 September 2023 at 09:52

Stay informed about the latest updates in CIF contracts as the government announces changes exempting IGST on ocean freight. Learn how these changes may impact your international trade agreements.

Exit Tax Explained: Tax Liability on International Relocation

CA Ajay goel 30 September 2023 at 09:15

Exit taxes are levied by governments on individuals, businesses, or assets when they leave a country.

Conquering the Missing Tile Syndrome: A Journey to Completeness

CA Manish 30 September 2023 at 09:15

In this article, we'll delve into what the Missing Tile Syndrome is, why it occurs, and how we can conquer it to lead more fulfilling lives.

Process to Increase Authorized Share Capital

Ishita Ramani 30 September 2023 at 09:15

Every company eventually needs more money to run it. This fund might be required both immediately and later. A short-term requirement can be satisfied by loans and advances. However, in the long run, it will demand more money.

Unlocking the Talent Retention Puzzle

CA Ajay goel 29 September 2023 at 14:10

This article explores reasons why companies are finding it difficult to retain talent, and provides insights into potential solutions.

Applicability Of Audit Report 10BB And Disclosure Requirement In Audit Report

Geetanjali Pandey 29 September 2023 at 10:13

Applicability of Form 10BBIt will be applicable where : Total income of the trust or institutions does not exceed Rs. 5 crore during the previous year. Where th..

My Musing On Customer Service

T.R.Radhakrishnan 29 September 2023 at 09:59

Sometimes nostalgic recollections of our bygone years of our professional life may flash across our mind which may kindle some unusual interesting incidents.

Promoters and Board of Director's New Focus: Inventory Valuation under Income Tax

CMA Navneet Kr Jain 29 September 2023 at 09:52

The Central Board of Direct Taxes under the Department of Revenue, Ministry of Finance, Government of India on 27th Sep 2023 notified the Form 6D for Inventory Valuation. The budget 2023 brought in provision with regard to the Inventory Valuation by Cost Accountants on the directions from the Income Tax Department under section 142(2A).