Easy Office
LCI Learning

CAclubindia Articles


Input tax credit on insurance expenses under GST

  CA Roopa Nayak    14 June 2022 at 15:08

In this article the paper writer has examined the major kinds of insurance expenses incurred by the taxpayer and the restrictions and eligibility to the credit thereof, relevant decisions in this context as well.



Actuarial Valuation for Accounting of Gratuity Benefits: AS 15 & Ind AS 19

  Rajesh Kumar    14 June 2022 at 08:55

Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of Ind AS 19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies



Important Updates and Due Date Compliances under GST for June 2022

  Tarun Kr. Gupta    13 June 2022 at 09:52

Important clarifications/ amendments issued by the Government on GST in May/ June 2022 along with compliance timelines in June 2022



Role of resolution professionals /liquidators in respect of avoidance transactions

  FCS Deepak Pratap Singh    13 June 2022 at 09:07

The main objective of the Code,2016 is to restructure and resolve insolvency of corporate persons, partnership firms and individuals promptly for leveraging the maximum value of assets of such persons. While proceeding therewith to also promote the entrepreneurship as well as accessibility to credit.



Reduction of tax outgo for Home Buyers

  Affluence Advisory    11 June 2022 at 17:25

In a recent decision of Gujarat High Court in case of Munjaal Manishbhai Bhatt vs UoI & Ors. High Court held that value of land can be excluded from levy of..



The Married Women's Property Act, 1874: Provision Related To Insurance Proceeds

  FCS Deepak Pratap Singh    11 June 2022 at 16:25

MWP Act 1874 played a crucial role in protecting the future of the families.



Feeling of nothingness

  Aarti Maurya    11 June 2022 at 12:24

Questioning your abilities will never bring peace to you. Working on your own betterment and skills will definitely make you a better version of yourself. After sitting with your feeling in an empty room, try to explore yourself. Connect with your loved ones and talk what you feel.



Section 80JJAA - Deduction in Respect of New Employees Recruited

  Gurleen Kaur    11 June 2022 at 09:08

Section 80JJAA of the Income Tax Act, 1961 is a tax incentive for employment generation and provides for deduction from INCOME FROM BUSINESS of an assessee for the employment of new employees by the assessee.



Compliance Calendar for the FY 2022-23

  Gurleen Kaur    11 June 2022 at 09:08

I am listing down the key reporting forms and due dates for various compliances, which must be filed by all registered businesses, irrespective of their entity structure.



Section 194R: TDS on Benefit or Perquisite of Business or Profession w.e.f 1st July 2022

  Gurleen Kaur    11 June 2022 at 09:08

Clause 58 of Finance Bill, 2022 deals with section 194R which expressly states this change will take effect from 1st July 2022, though the section has been inserted from 1st April 2022.