CAclubindia Articles

MSME should do this for recovery of their Delayed Payments

CA Umesh Sharma 08 May 2023 at 14:02

Government under the Ministry of MSME has introduced the "MSME Samadhaan-Delayed Payment Monitoring System" Scheme, which aims to resolve disputes related to delayed payments by launching an online platform called the MSME Delayed Payment Portal regulated by Micro Small Enterprises Facilitation Council (MSEFC).

SEBI introduces LEI System

CS Lalit Rajput 08 May 2023 at 11:08

SEBI has introduced 'Legal Entity Identifier' (LEI) system for issuers who have listed or proposed to list non-convertible securities (NCS), securitised debt instruments and security receipts.

Who is required to file ITR?

Affluence Advisory 08 May 2023 at 08:44

Income Tax return filing is mandatory if the Total Income of an Individual exceeds the maximum amount which is not chargeable to income-tax i.e Rs. 2,50,000 for individuals whose age is less than 60 Years.

LEI made mandatory for Non-Convertible Securities, Securitised Debt Instruments and Security Receipts

Neha Rajan Redekar 08 May 2023 at 08:44

SEBI through its circular dated 3rd May, 2023 has made Legal Entity Identifier (LEI) code mandatory for issuer who have listed and/ or propose to list non-convertible securities, securitised debt instruments and security receipts.

GST implications on out-of-court settlement

Member (Account Deleted) 08 May 2023 at 08:44

Out of Court Settlement is resolution of a legal dispute which takes place outside of a court proceeding or before the court comes to a final decision.

Practical Guide to Dealing with a notice for Reopening of Assessment Proceedings under IT Act 1961

Adv. Ravish Bhatt, ADIT, CIOT 06 May 2023 at 15:15

Reopening of an assessment concluded under section 143(1) or even under section 143(3) (Scrutiny Assessment) of Income Tax Act, 1961 is a dreaded nightmare of any assessee.

GST for Freelancers

Ishita Ramani 06 May 2023 at 14:55

This article aims to provide information on GST for freelancers in India.

Special Drive to Combat Fake GST Registrations and Safeguard Government Revenue

Abhishek Raja 06 May 2023 at 10:03

The Indian government has announced a Special All-India Drive to be carried out from 16th May to 15th July 2023, aiming to tackle the growing problem of fake Goods and Services Tax (GST) registrations and the fraudulent passing of input tax credit (ITC).

Loan against EPF: Key Summary

CS Lalit Rajput 06 May 2023 at 09:59

The Central Government had launched Employees' Provident Fund (EPF) which is a retirement benefit scheme maintained by the Employees' Provident Fund Org..

Section 62 of CGST Act 2017: Assessment of non-filer of returns

Harsh Kaushik 06 May 2023 at 09:40

Section 62 of CGST ACT 2017 talks about the assessment of those registered taxpayers who have not filed their GST returns within the prescribed due dates. r.