CAclubindia Articles

All About GST Return

Poojitha Raam Vinay 19 April 2022 at 08:50

A GST return is a document to be filed by all registered entities containing the details pertaining to the sales, incomes, expenses, and purchases that a taxpayer must file with the tax authorities.

Complications caused by cash transactions in income tax

CA Rahul Mittal 18 April 2022 at 14:43

Government wants that people use banking system and in the same direction some new provisions added in the Finance Act, 2017 to prevent black money. We will discuss all the provisions related to cash transactions, exceptions of the same and consequences of them as well.

Upcoming UAE Tax Reforms 2022-23

CS Lalit Rajput 18 April 2022 at 08:49

The Ministry of Finance in the United Arab Emirates has taken several taxation measures. They announced that federal corporate tax will be implemented on business profits for financial years, which start on or after 1 June 2023, meaning that the first profits to be taxed will be for financial years ending on or after 31 May 2024.

Section 2(22)(e): Deemed Dividend - Taxability in FY 20-21

Rish s 18 April 2022 at 08:49

Dividend is taxable u/s 56 in hands of shareholder from 1-4-20 and exemption u/s 10(34) has been removed.

Section 186 of Companies Act - Loan and Investment by Companies

Rish s 18 April 2022 at 08:49

Acquire shares of any Body corporate (Investment cannot be from more than 2 layers of investment companies)

Section 185 of Companies Act - Loan to directors

Rish s 18 April 2022 at 08:49

Guarantee/security in connection with loan taken by Pvt Co. in which such director is director or member and the loan is utilised for principal business activities.

Some important judgments on Income Tax, GST, IBC and other corporate laws

FCS Deepak Pratap Singh 16 April 2022 at 17:39

Important judgments on Income Tax, GST, IBC and other corporate laws has been listed in this article

Income Tax Questions & Answers Series Consolidated

FCS Deepak Pratap Singh 16 April 2022 at 08:05

As we are aware that Income of a resident in India from sources anywhere in world will be taxable under provisions of Income Tax Act, 1961. In case a person, who is a non-resident in India during previous year and he earns any income from India, then taxability of that Income will be decided on the basis of source of income as well as residence of assessee.

Importance of Non Disclosure Agreement (NDA) or Confidentiality Agreement

CA Puja Sharma 16 April 2022 at 08:04

A Non Disclosure Agreement is a legal contract signed between two or more parties who share personal and sensitive knowledge or information for varied purposes and want to ensure that such information remains confidential.