CAclubindia Articles

FAQs on Modified LLP Settlement Scheme, 2020

Posted by DEEPAK SETH 06 April 2020 2510 Views

The LLP Settlement Scheme was an amnesty scheme launched for the LLPsby MCA which was later modified due to the outbreak of COVID-19 to allow one-time relaxation to LLPs to file their pending forms without paying any late fee.

FAQs on Companies Fresh Start Scheme, 2020

Posted by DEEPAK SETH 06 April 2020 3907 Views

The Companies Fresh Start Scheme 2020 gives a chance to all the companies to make a fresh start by condoning the delay in filing of documents without charging any additional fees.

GAAR: General anti-avoidance rules

Posted by FCS Deepak Pratap Singh 06 April 2020 2135 Views

We know that tax is a compulsory contribution to state revenue, levied by government on worker's income and business profit, or added to the cost of some goods, services and transactions.

13 Things you can do during lockdown

Posted by CA Navin Agarwal. CFA 06 April 2020 2910 Views

Nose-diving into Reality.

GST refund related issues

Posted by Kusum Gandhi 06 April 2020 2681 Views

GST Refund Clarification on refund related issues

Treatment of impairment loss while preparing financial statements as per AS, IND AS & IFRS (Latest)

Posted by CMA SIVAKUMAR A,ACMA. 05 April 2020 14339 Views

Impairment means weakening of Asset. As per INDAS and IFRS Standards, entities should include impairment loss in the financial statements.

Clarification if NIL refund claim has already been filed

Posted by CA Shubham Kumar 04 April 2020 2362 Views

A clarification issued by the CBIC vide circular no. 110/29/2019 -GST, dated: 3rd October, 2019 on filing of refund application through form GST RFD-01 if Nil refund application already filed by the applicant.