Articles by Neethi V. Kannanth

Procedure for obtaining Refund under GST

Posted by Neethi V. Kannanth 24 June 2022 8428 Views

The refunds under GST can arise in the following circumstances- The cash balance in the electronic cash ledger deposited in excess or Tax paid by mistake or The...

All About National Saving Certificate

Posted by Neethi V. Kannanth 21 June 2022 4339 Views

The National Savings Certificate (NSC) is a fixed income investment scheme that you can open with any post office branch.

All about clubbing of income

Posted by Neethi V. Kannanth 16 June 2022 9567 Views

Clubbing of income means adding or including the income of another person (mostly family members) to one's own income. This is allowed under Section 64 of the IT Act.

RIP CA Preethu Jayaprakash

Posted by Neethi V. Kannanth 08 June 2022 79255 Views

CA Preethu Jayaprakash journey has been nothing short of an adventure. Born on 30 April, 1994 in Kuttanadu to Jayaprakash and Radhamani, had been confined to a wheelchair from the time she could remember. She had been suffering from Spinal Muscular Atrophy(SMA) since she was 6 months old.

Reporting of Special Financial Transaction (SFT)

Posted by Neethi V. Kannanth 02 June 2022 10290 Views

SFT is a report of specified financial transactions by specified persons including prescribed reporting financial institutions.

Interest levied under Income Tax Act

Posted by Neethi V. Kannanth 01 June 2022 5486 Views

Interest is levied under Income Tax Act, 1961 under section 234A, 234B and 234C. Let us discuss them in detail.

A Brief about Arbitration and Conciliation

Posted by Neethi V. Kannanth 31 May 2022 15764 Views

Arbitration and conciliation are two methods of dispute resolution.

Amendments in Schedule III of Companies Act 2013 - Part 2

Posted by Neethi V. Kannanth 30 May 2022 7258 Views

In continuation of the previous part on Amendments in Schedule III let us discuss the remaining changes

Amendments in Schedule III of Companies Act 2013 - Part 1

Posted by Neethi V. Kannanth 28 May 2022 36003 Views

Several changes have been brought into Schedule III to the Companies Act, 2013. This article deals with the changes brought into Schedule III applicable to the companies whose financial statements are prepared in accordance with the Companies(Accounting Standards) Rules,2006.

Taxation of Carbon Credit u/s 115BBG

Posted by Neethi V. Kannanth 27 May 2022 24221 Views

A carbon credit is a permit that allows the holding company to release a certain amount of carbon dioxide or other greenhouse gases. One load requires a mass equal to one ton of carbon dioxide to be released.