CAclubindia Articles

Demand Under Sec 143 (1) And Rectification

CA. Brijesh Baranwal 26 October 2018 at 11:19

DEMAND U/S 143(1) Attimes, income tax payers get intimation of demand from the Departmentu/s 143(1)/143(1A).Most of such cases are generated due to discrepancy ..

Is your Financial Reporting process sluggish? 3 tips to overcome it

Karthik Ganeshan 25 October 2018 at 11:09

Financial reporting is a key task for all businesses. While most businesses know that their financial reporting is getting sluggish

5 Tips To Save Taxes From Your Retirement Money

Naina Kapoor 25 October 2018 at 11:09

All our lives we work to save enough money so that we can have a prosperous retirement and do not have to worry about our old age. Those who are entitled to pen..

A cakewalk on October amendment to Schedule III

P.R. Sethuraman 25 October 2018 at 11:08

A cakewalk on recent Amendments (11th Oct 18) to Schedule III (Division I & II) and considered induction of Division III ear marked for NBFC under the crux of Ind AS

Denial of carry forwarding of CESS credit into GST - Course of action

CA Venkatprasad Pasupuleti 24 October 2018 at 11:17

On introduction of GST, the credit of taxes under the existing law, predominantly Central Excise, Service Tax and Value Added Tax, was allowed to be carry forwarded vide the transitional provision either as Central Goods and Service Tax (CGST)

5 things you must know about tax audit

CA. Brijesh Baranwal 24 October 2018 at 11:17

1. As per the provisions of section 44AB/44ADof the Income Tax Act, 1961, every person carrying a business whose turnover exceeds Rs.1Cr./ 2 Cr. (as the case ma..

Whole lot about Significant Beneficial Ownership

CS Divesh Goyal 24 October 2018 at 11:17

SHORT SUMMARY:The Ministry of Corporate Affairs (the �MCA�) vide its circular dated the 13th of June, 2018 introduced the Companies (Significant Ben

All about transporter under IT and GST

Sourav Ribiyawala 24 October 2018 at 11:16

1.1 Presumptive Taxation Scheme of Section 44AE 1.1.A Applicability of the presumptive taxation scheme of section 44AEThe scheme of section 44AE is designed to ..

Construction related credit & availment of credit for 2017-18

CA Roopa Nayak 24 October 2018 at 11:15

Background It is seen that there has been a lot of confusion in the minds of assesses on whether to avail credit of GST paid on the construction of immoveable p..

Does Settling a Loan Account Affect My Credit Score?

Guest 23 October 2018 at 15:35

Life is unpredictable and there are many things that you can’t control. For instance, despite your best efforts, you may go out of business one day. Simil..