CAclubindia Articles

GST on Individual Advocates including Senior Advocates and Firm of Advocates

Gaurav Arya 03 July 2021 at 14:09

Advocates have the privilege of not paying GST on their output supply, while the tax on their supplies has to be paid by recipients under RCM. Let us understand the GST on Advocate Services in detail.

Why you should write a journal?

CA RAJENDRA SAH 03 July 2021 at 08:49

Writing down your daily experiences along with the lessons you have drawn from them will make you wiser with each passing day. It will also help you remain focused on the things that truly count.

Analysis of Section 194Q - TDS on purchase of Goods

CA Robin Garg 03 July 2021 at 08:48

Finance act, 2021 has introduced a new section 194Q w.e.f. 01.07.2021 which requires a specified buyer to deduct TDS w.r.t. purchase of goods from a resident seller.

Decoding virtual meetings under Companies Act 2013

Manish Gupta 03 July 2021 at 08:48

Virtual meetings allow people to meet and exchange information in real-time. The Companies Act, 2013 allows companies to hold board and general meetings through e-mode, with some restrictions.

Compliance Calendar for the m/o July, 2021

CA Rahul Mittal 02 July 2021 at 13:58

Discussing all the Compliance Requirements that lie in the month of July 2021 under the Income Tax, GST, Provident Fund, ESI and IEC Laws.

House Property Income

Ritik Chopra 02 July 2021 at 12:06

One of the common sources of income is rental income from house. The income from houses, buildings, godowns etc. is to be computed and assessed to tax under the head "Income from house property".

Is being a Digital Chartered Accountant, a need of the hour?

CA Amrita Chattopadhyay 02 July 2021 at 11:40

The adoption of IT no longer remains a choice. It is critical for the firms to consider effective implementation of IT infrastructure to obtain the desired results.

Relaxation on levy of additional fees

CS Tanveer Singh Saluja 02 July 2021 at 09:10

The MCA has released a list of forms for which relaxation is provided vide General Circular No. 11/2021 & 12/2021. For the purpose of General Circular No. 06/2021 & 07/2021, a list of 53 forms was already in existence. In addition to that the MCA has added 4 more forms.

CBDT issues guidelines under Section 194Q of the Income Tax Act, 1961

CS Tanveer Singh Saluja 02 July 2021 at 09:09

The CBDT on 30th June, 2021, has issued a set of guidelines in regards to the application of Section 194Q w.e.f. 1st July, 2021 vide Circular No. 12/2021.

Various Rules of Thumb for Financial Planning

Muskan Mudgil 02 July 2021 at 09:09

A rule of thumb is a simple yet practical approach to any particular subject or course of action. It is a basic rule-set that gives practical instructions to accomplish a certain task.