CAclubindia Articles

The Renewed Recognition to IFSC limited exchanges by IFSCA: Analysis

CA Aman Rajput 04 January 2024 at 08:38

This seemingly routine event holds significant implications for India's financial landscape, warranting a closer look at its background, potential impact, and future trajectory.

RBI Circular on Inoperative Accounts and Unclaimed Deposits

CA Divyajeet Singh Sabharwal 04 January 2024 at 08:38

This comprehensive guide delves into the intricacies of this circular, dissecting its key definitions, guidelines, and implications for account holders and banks alike.

CBDT redefines intra-group loans and amends safe harbour norms for MNC group transactions

Vivek Jalan 04 January 2024 at 08:38

The CBDT vide Notification No. 104/2023 dated December 19, 2023, issued the Income-tax (Twenty-Ninth Amendment) Rules, 2023, amending Rules 10TA and 10TD of the Income Tax Rules, 1962 ("the IT Rules").

GST Portal Functionalities for GTA Taxpayers: Detailed Analysis

CA Aman Rajput 04 January 2024 at 08:31

By this article, I want to share a detailed analysis on the functionalities made available on the Goods and Services Tax Network (GSTN) portal for Goods Transport Agency (GTA) taxpayers.

CBIC Instructions to deal with taxability in case of secondment of employees

Affluence Advisory 03 January 2024 at 14:32

In light of the recent judgement pronounced by Honorable Supreme Court in the case of Northern Operating Systems Private Limited (NOS), CBIC has issued Instruction No. 05/2023-GST to prescribe the manner in which adjudication with respect to taxability in case of secondment has to be dealt.

Examining Gujarat High Court's Ruling on Interest on Delayed Tax Refunds

CA Divyajeet Singh Sabharwal 03 January 2024 at 08:51

The dusty plains of Gujarat witnessed a landmark legal victory for taxpayers on December 21, 2023. The Gujarat High Court, in a case with far-reaching implicati..

Appointment of KMP in a Company

Ishita Ramani 03 January 2024 at 08:48

In this article, first, we will discuss the definition of KMP and then the process of designating a KMP.

Navigating E-commerce TDS: A Detailed Guide

CA Kunal Jain 02 January 2024 at 14:00

The latest circular on TDS (Tax Deducted at Source) for online transactions brings some key clarifications. Don't get lost in the technical jargon - This detailed guide simplifies it all!

A Comparative Study of Ind AS 8 and AS 5

CA Rakesh Ishi 02 January 2024 at 10:25

A Comparative Analysis of Ind AS 8 - Accounting Policies, Changes in Accounting Estimates and Errors and AS 5 - Net Profit or Loss for the Period, Prior Period ..