CAclubindia Articles

CBIC Issues 3 Important GST Notifications related to Penalty, Late Filing, and CGST Fourteenth Amendment Rules, 2020

Aishna Kukreja 23 December 2020 at 16:06

The Central Board of Indirect Taxes and Customs has issued 3 Important GST Notifications related to Penalty, Late Filing, and CGST Fourteenth Amendment Rules, 2020. Let's discuss the same.

CPA Exam in India

Suhasini 23 December 2020 at 15:20

The CPA aspirants can take the exam sections without restrictions, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the exam.

Important Changes Introduced in CGST (Fourteenth Amendment) Rules 2020

CA Rajesh Pilleda 23 December 2020 at 13:12

In this article, we discuss some of the Important Changes Introduced in the Goods and Services (Fourteenth Amendment) Rules 2020, which have been released by CBIC on 22nd December 2020.

Presumptive Taxation in case of Partnership Firms and Applicability of Section 69C

CA.R.S.KALRA 23 December 2020 at 09:50

In this article, we discuss the provisions of Presumptive Taxation in case of Partnership Firms and Applicability of Section 69C in the case where the assessee has adopted the presumptive tax system.

Extension of Due Dates for ITR, Tax Audit Report, and GST Annual Return for AY 2020-21 requested by Professionals and Taxpayers

Shweta 23 December 2020 at 09:50

Tax audit extension, These demands mainly pertain to the deadlines under the Income Tax Act for AY 2020-21, and those under the GST Act for FY 2018-19 and 2019-20.

Permanent Establishment under International Taxation

Venkat Raj 23 December 2020 at 09:50

This article will focus on a very vital topic in the International taxation field. There are different views regarding permanent establishment based on the OECD model and the UN model.

Analysis of ITC utilization in DRC-03 for GSTR 9 & 9C

CA Akshay Hiregange 22 December 2020 at 09:50

Taxpayers have an option to pay additional liability not declared in GSTR-1 or GSTR-3B, in GSTR-9 through Form DRC-03 based on para 4 of GSTR-9 instructions for FY 2017-20.

Tips to Make The Best Out of Your Articleship Period

Payal10 22 December 2020 at 08:55

The key question is how can a student make the best use out of the articleship tenure? In this article, we discuss four important tips that will help you to make the best out of your articleship period.

Introduction to TDS

CA.R.S.KALRA 22 December 2020 at 08:55

TDS works on the concept that every person making a specified type of payment to any person shall deduct tax at the rates prescribed in the IT Act at source and deposit the same into the government's account.

International Taxation: Taxation of Non-residents Shipping Business-Section 44B of the Act

CA Mehul Thakker 21 December 2020 at 17:53

In this article, CA Mehul Thakker explains the concept of International Taxation with regard to the Taxation of Non-residents Shipping Business in Section 44B of the Income Tax Act.