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Taxation of Derivative Transactions

  Kanj    16 January 2021 at 13:00

The purpose of this article is to assist the new entrants regarding the taxation of derivative transactions and the method of computation of profits arising out of derivative trading.



Section 194D | TDS on Insurance Commission

  CA.R.S.KALRA    15 January 2021 at 09:51

In this article, we understand all about Section 194D which deals with the TDS on Insurance Commission including when such tax is or isn't to be deducted, rate of TDS, and reinsurance.



Decoding the New Rules of Penalty Shoot-out: Faceless Penalty Scheme 2021!!

  Mayank Mohanka    15 January 2021 at 09:51

In this Taxalogue, we have decoded and explained the newly inserted rules of penalty shoot-out i.e. the newly legislated Faceless Penalty Scheme, 2021 and its provisions.



Ways to ascertain the points required in Form 3CD from Tally ERP 9

  CA Kushwanth AVSR    15 January 2021 at 09:51

Among the softwares that are used for the preparation of books of accounts, Tally Software is widely used. In this article, we ascertain some relevant points in Form 3CD from Tally ERP 9 while doing Tax Audit.



Fight is not one of knowledge vs ignorance, but of faith vs fear

  CA Aaditya Chhajed    15 January 2021 at 09:51

Equity markets are fundamentally unknowable. No matter how much you know, you still can't prove what's going to happen in the future. In this article, the author has listed 10 basic points on investing which may prove to be fruitful.



Trust Taxation- Amendments

  Venkat Raj    14 January 2021 at 10:33

In this article, we understand the Amendments in Trust Taxation bought in by the Finance Act 2020 and keeping in view, the aftermath of COVID-19 pandemic.



Role of professionals in nation building

  CMA Mrudula M    14 January 2021 at 10:33

In this article, we discuss the roles and responsibilities of professionals in the building of a nation and how they can work in an ethical, industrious, skilful, competitive and cultural environment.



US CPA Exam results announced! Simandhar education kicks off 2021 with Fabulous results

  Aruhi    14 January 2021 at 10:29

Simandhar education has managed to achieve industry leading results. Approx. 90% of students has fully passed CPA exam and 95% of students has passed individual sections of US CPA. The top scorers from Simandhar includes Akshay Jaiswal, Nitin, Bhuvneshwari, Sweta Jaiswal, highest scores achieved by Simandhar Education are 98 in FAR, 95 in BEC, 93 in REG and 92 in Audit.



Rule 36(4) amended to reduce ITC entitlement for invoices not furnished by supplier from 10% to 5%

  Bimal Jain    14 January 2021 at 10:28

CBIC, vide Notification No. 94/2020-Central Tax, dated December 22, 2020, has issued CGST (Fourteenth Amendment) Rules, 2020, inter alia, amending Rule 36(4) of the CGST Rules, 2017 w.e.f. January 1, 2021



A roadmap to expanding your CA firm to a new branch or location

  Suhasini    13 January 2021 at 10:32

Here are some things one must do as a CA firm owner when planning to expand to a new location.