CAclubindia Articles

E-invoicing in GST and it applicability

CA. Akshat Parakh 31 May 2023 at 14:14

'e-Invoicing' means reporting details of specified GST documents to a government-notified portal and obtaining a reference number. It does not mean generating an invoice on the GST portal. The CBIC notified a set of common portals to prepare e-invoice via Notification No.69/2019 - Central Tax.

An Overview On: e-Appeals Scheme 2023

RN Mohil 31 May 2023 at 09:10

The Income Tax department has introduced the e-Appeals Scheme, a significant development aimed at streamlining the process of filing and processing appeals through electronic means.

NFRA Order Reveals Major Lapses in Audit Conducted by CA Rakesh Puri

Rashmi 31 May 2023 at 09:10

The National Financial Reporting Authority (NFRA) recently issued an order highlighting significant deficiencies in the audit conducted by CA Rakesh Puri, who served as the Engagement Partner (EP) for the statutory audit of Sun and Shine Worldwide Limited (SSWL).

RBI Annual Report: 2022-23

Dharmendra 30 May 2023 at 14:00

The global economy faced challenges in 2022 due to geopolitical tensions and tightening financial conditions. However, after the Omicron wave and successful vaccination efforts, the global economy showed resilience.

Annuities and Taxes: How Annuities are Taxed and Tax Strategies for Annuity Holders

Suhasini 30 May 2023 at 11:06

In this article, we'll dive into the details surrounding taxation strategies for annuity holders and explain why understanding these strategies is essential when investing in an annuity. We'll also discuss how different types of annuities can impact your taxes and what you need to know about filing taxes on your investments when using them for retirement planning purposes.

TDS on ESOP prerequisite by eligible startups

Affluence Advisory 30 May 2023 at 08:55

Income-tax Act, 1961 permitting deferral of the timing of TDS deduction on ESOP prerequisite from the employees.

Last Chance: Extended Due Date for GTA Payments Expires Tomorrow!

Abhishek Raja 30 May 2023 at 08:55

Tomorrow i.e 31st May 2023 is the extended due date for Opt-in / Opt-out for Forward Charge / Reverse Charge for FY 2023-24 [Notification No.03/2022 - CT(R) dated 13.07.2022]

Penalty of Rs. 2 lakh on Secretarial Auditor

CS Divesh Goyal 29 May 2023 at 15:11

While conducting the secretarial audit, each secretarial auditor must adhere to the requirements of the 2013 Companies Act. Inspecting is done by the Ministry in accordance with section 206(5) of the 2013 Companies Act.

Streamlining Monthly Bills: Simplifying the hassle and finding the ultimate solution

Neha Joshi 29 May 2023 at 15:00

As we know, managing multiple bills each month can be quite bothersome. The multitude of bills, ranging from utilities to credit cards to subscription services, makes it challenging to keep track of all the deadlines. Remembering when each bill is due becomes a task, and finding the time to sit down and pay it all can be even more demanding.