CAclubindia Articles

Withdraw of Fund from EPF account related to COVID

CS Lalit Rajput 22 January 2022 at 16:22

The government had allowed employees to withdraw from their provident fund account in case they needed emergency funds due to financial stress caused by the covid-19 pandemic.

All about Tax Audit and Form 3CD (Part-2)

Neethi V. Kannanth 21 January 2022 at 13:15

In this article, the author discusses about Form 3CD from Clause 1 to 14 in detail.

Success is a process

CA Anurag Sharma 21 January 2022 at 11:47

Nobody can be an overnight success. It takes ages of hardwork, experience and perseverance along with endless small steps to be an overnight success.

Does The Invoice on Your GSTR 2B Matter?

Ammar Dawoodi 21 January 2022 at 08:44

Taxpayers would only be able to claim ITC on invoices that have been uploaded by the supplier in GSTR 1 / IFF and reported to the registered person in Form GSTR 2B.

E-invoice & E-way Bill in Retail Trade

CA Akshay Hiregange 20 January 2022 at 13:08

In this article we would be focusing our attention on various e-invoicing (E-INV) and e-way bill (EWB) compliances and practical issues faced by the Industry.

Money - Where did it come from?

Aarti Maurya 20 January 2022 at 09:32

MONEY SUPPLY is not just a topic of your syllabus to gain marks it is a lot deeper and more interesting than you think.

Investment of property outside India by resident and taxation under Black Money Act, 2015

FCS Deepak Pratap Singh 20 January 2022 at 09:32

Some facts on investment in property outside India and computation of tax under "Black money (undisclosed foreign income and assets) and imposition of tax act, 2015"

All About Tax Audit and Form 3CD (Part-1)

Neethi V. Kannanth 20 January 2022 at 09:32

There are various kinds of audits being conducted under different laws such as company audit /statutory audit conducted under company law provisions, cost audit, stock audit etc. Similarly, income tax law also mandates an audit called 'Tax Audit'.

Analysis on new GST rate for works contract services w.e.f 1st January 2022

Mukesh Kuriyal 19 January 2022 at 13:25

Government Has Amended Tax Rate For Service Provider Providing Works Contract Services From 5%/12% To 18% Vide Notification No 15/2021 C.T(Rate) Dated 18.11.2021 Amending Notification No 11/2017 C.T.(Rate) W.E.F 01.01.2022.

Voluntary surrender of income does not mean immunity from penalty

FCS Deepak Pratap Singh 19 January 2022 at 08:34

Can an assessee who has surrendered his income in response to the specific information sought by the Assessing Officer in the course of survey, be absolved from the penal provisions under section 271(1)(c) for concealment of income?