CAclubindia Articles

LLP Filing Due date for FY 2021-22

Team IN Filings 24 May 2022 at 08:54

Limited Liability Partnership (LLP) Filings Due date FY 2021-22

Appointment of Cost Auditor - Quick Process

CS Lalit Rajput 23 May 2022 at 17:41

The primary goal of cost audit is to ensure that the cost relating to production and sales encompass only those factors which are imperative and that those factors are utilized most effectively.

ROC Filing due dates for the FY 2021-22

Team IN Filings 23 May 2022 at 17:33

The Private Companies, Limited (Ltd.) Companies there annual return is a detailed reporting system with the Ministry of corporate affairs.

Can CA be arrested - Section 69 vs. Section 132 of the CGST Act

Bimal Jain 23 May 2022 at 16:50

In the administration of taxation, the provisions for arrests are created to tackle certain situations raised by some unscrupulous tax evaders. Arrest provisions may appear to be very harsh but these are necessary for efficient tax administration and also act as a deterrent and instil a sense of discipline.

The Basic Skincare Rules Everyone Should Know

Niyati 23 May 2022 at 16:40

In modern times, it's important that everyone knows the basics when it comes to skincare. This is because, without proper knowledge, all of the new products won't work as well as they should.

The Beauty Industry's Influence On Women

Suhasini 23 May 2022 at 16:40

According to Beausoleil, the popularity of cosmetic products has made it easier for women to measure themselves against society's standards of beauty.

Can a Certificate issued under CGST Rule 89(2)(m) by a CA, be made a basis, for Arrest u/s 69 read with section 132 of the CGST Act?

Mayank Mohanka 23 May 2022 at 13:32

The recent unfortunate development of the arrest of two CAs by the Officers of CGST, Gurugram Commissionerate, on 18.5.2022, on the ground of alleged issuance of false Certificate in fraudulent availment of ITC and consequent refunds of around Rs.15 crores

SC: No IGST on Ocean Freight under RCM for CIF Import

Bimal Jain 23 May 2022 at 11:18

The Hon'ble Supreme Court in Union of India & Anr. v. M/s Mohit Minerals Pvt. Ltd.[Civil Appeal No. 1390 of 2022 dated May 19, 2022] upheld the judgement given by the Hon'ble Gujarat High Court to hold that no IGST is payable on ocean freight under Reverse Charge Mechanism ("RCM") for Cost, insurance, and freight ("CIF") imports as Indian importer is liable to pay IGST

Exemption cannot be denied once granted by the competent Revenue Authority on components required for solar power generation

Bimal Jain 23 May 2022 at 08:45

Whether the Appellant is entitled to the benefit of the Exemption Notification for the galvanised solar structure cleared to solar power generating companies?

Decoding Section 115 BAB of Income Tax Act

Vaibhav Singh 22 May 2022 at 07:32

The government has introduced a favourable tax regime for new manufacturing companies. The Taxation Laws (Amendment) Ordinance, 2019 passed on 20 September 2019 has inserted Section 115BAB offering a low tax rate of 15% (plus surcharge and cess) to new manufacturing companies