CAclubindia Articles

Points to be considered in the preparation of Annual Report - Part 3

CA Rakesh Ishi 15 December 2022 at 12:15

AS-5 required that All items of income and expense which are recognised in a period should be included in the determination of net profit or loss for the period unless an AS requires or permits otherwise.

Audit and Accounts

P.R. Sethuraman 15 December 2022 at 10:39

Debits and credits are twins of Accounting, On which depend the efficacy of Accounts.

Limit of liability under comprehensive insurance policy

FCS Deepak Pratap Singh 15 December 2022 at 08:50

As you are aware that there are various types of Motor Insurance Policies are available in the market. These policies provide different types of benefits based on coverage and riders opted by the insured.

Financial Books That You Will Definitely Enjoy Reading

Suhasini 14 December 2022 at 17:07

Financial literacy is an important skill in today's world, and having the right resources at your disposal can make all the difference.

Online GST Registration Process in India - Step by Step Guide

Shweta 14 December 2022 at 09:00

GST registration is mandatory for all individuals and businesses in India that offer products or services. GST registration is necessary when the entire cost of delivering items exceeds Rs. 40 lakh.

Classification of Risky exporters under GST Act w.r.t IGST Refund

B Sathyanarayanan 13 December 2022 at 11:55

As per the SOP issued by DGRM and the SOP issued in the year 20.05.2020, it is instructed to Custom and GST field Formations for the classification of risky exporters under rule 96.

SEBI notifies timelines for transfer of dividend and redemption proceeds to unitholders

CS Lalit Rajput 13 December 2022 at 08:56

Securities and Exchange Board of India (SEBI) on 25th November, 2022 has issues a circular vide notification no. SEBI/HO/IMD/IMD-I DOF2/P/CIR/2022/161 and came ..

Understanding New Interest Subvention Scheme

CA PIYUSH KAPOOR 12 December 2022 at 16:43

(As per new RBI Notification dt 23.11.2022) This article contained information about the interest subvention scheme for short-term Agriculture loans and New notification for some changes from 23.11.2022 for FY 2022-23 and 2023-24.

Headache of HSN Code for GST taxpayers in GSTR-9 for FY 21-22

CA Umesh Sharma 12 December 2022 at 14:20

From FY 2021-22 onwards, it shall be mandatory to report HSN Summary for Outward Supplies in Table 17 at 6 digits for taxpayers having annual turnover in preceding FY above Rs. 5 Cr. and at 4 digits for all B2B supplies for taxpayers having annual turnover in the preceding FY up to Rs. 5 Cr.