Articles by CA Sanya Kapoor

HRA: All about house rent allowance

Posted by CA Sanya Kapoor 03 June 2024 16122 Views

HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.

Going Concern | Key Considerations for Auditor amid COVID-19

Posted by CA Sanya Kapoor 20 August 2020 3470 Views

The International Accounting and Auditing Standards Board (IAASB) and The Institute of Chartered Accountants of India (ICAI) have issued guidance ongoing concern assessment amid COVID-19 for companies and considerations for an auditor while evaluating the management's assessment.

Taxability of legal service under GST

Posted by CA Sanya Kapoor 10 June 2020 3703 Views

RCM is applicable to legal services provided to Business Entity. In case services are provided outside India, then RCM is not applicable as the Business Entity is located outside the taxable territory.

Income Tax Slab Rates for FY 2020-21

Posted by CA Sanya Kapoor 08 June 2020 14148 Views

Concessional Income Tax Slab Rates for FY 2020-21 was notified by the FM in her Budget Speech. The new concessional tax rates can be availed without claiming certain deductions and exemptions.

How prices of gold fluctuate?

Posted by CA Sanya Kapoor 08 June 2020 4434 Views

India is one of the largest consumers of gold. The price of gold keeps fluctuating from time to time and it is dependent on multiple factors along with the demand and supply.