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Internal Audit/Supervision - Why is it so Important?

  CA Raj Doshi    20 July 2020 at 09:42

Internal Audit has benefits like monthly Visits for analysis of data, guidance to accounts team and informal training, and many more.



Tax Implications on income of non-resident

  Venkat Raj    20 July 2020 at 09:42

Non-resident Individuals irrespective of age Limit the basic exemption limit is RS 2,50,000. There is no concept of a senior citizen or a super senior citizen.



New Income Tax Regime or Old Regime: What should a Salaried Taxpayer choose?

  Abhishek Ranjan Singh    20 July 2020 at 09:42

In the Union budget 2020, the Finance Minister proposed a New Tax Regime as an alternative to the existing Old Tax Regime.



The never ending story of GST transitional credit

  Pradeep Jain    18 July 2020 at 14:59

The dispute regarding transitional credit in the GST regime has not resolved even after 3 years of the implementation of GST and God knows when this story would end



Income Tax Savings on Home Loan

  Ajay Kumar Maggidi    18 July 2020 at 14:13

Income tax act provides tax benefits to borrowers of home loan with respect to principal repayment, interest payment and registration charges



MSMEs and Role of Professionals in Self Reliant India

  Rupal    18 July 2020 at 14:13

MSME sector is the spine of the Indian economic structure and has interminably acted as the bulwark for the Indian economy, providing it buoyancy to fend off global economic shocks and adversities.



XBRL in India - Applicability, Documents, Timeline, Process, Penalty etc.

  Narendra Shah    18 July 2020 at 14:12

XBR is a data-rich dialect of XML (Extensible Markup Language), the universally preferred language for transmitting information via the Internet.



Section 44AD of Income Tax Act - Few Technical Aspects

  CA Mehul Thakker    18 July 2020 at 12:30

One of the salient features of section 44AD is that the deduction under section 30 to 38 shall be deemed to have been allowed.



What is Nidhi Company?

  Niche Compliance    18 July 2020 at 12:28

Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and saving amongst its members



ICAI Cloud Campus- All you need to know

  Aishna Kukreja    17 July 2020 at 18:39

The ICAI Cloud Campus is a one-stop-shop for students pursuing, or is interested to pursue the Chartered Accountancy Profession.