CAclubindia Articles

Scope of Order for Rectification u/s 154 of the Income Tax Act

CA, CPA (USA) Shikhar Garg 09 January 2022 at 07:59

This section is a neutral provision, neither revenue friendly unlike section 263 nor assessee friendly unlike section 264 of the Act. But it has limited application, since it is bound by the wording of "Mistake apparent from records"

Corporate Compliance Calendar for the m/o January, 2022

CS Lalit Rajput 08 January 2022 at 17:36

Corporate Compliance Calendar for the m/o January, 2022

Amendment in Residential Status as per Finance Act, 2020

Neethi V. Kannanth 08 January 2022 at 16:02

Determination of Residential Status is the key to determine the tax liability. There has been an amendment to Section 6 of the Income Tax Act, 1960 which deals with Residential Status as per Finance Act,2020.

Persons entitled to payment under an insurance policy

FCS Deepak Pratap Singh 08 January 2022 at 09:29

The insurance provides us short range as well as long range relief. The short-term relief is aimed at protecting the assured from loss of property and life. The long-term object being industrial and economical growth of country and the society.

Quick Steps to file EPS Nomination

CS Lalit Rajput 08 January 2022 at 09:20

EPFO members should file e-nomination for EPS to provide Social Security to their families. The scheme is provided by the Employees’ Provident Fund Organisation (EPFO) and ensures that employees receive a pension once they attain the age of 58 years old.

All about Angel Investors

CAFinal Intros 08 January 2022 at 09:10

An angel investor is a high net worth individual who provides finance to small startups or entrepreneurs.

What will happen next?

Aarti Maurya 08 January 2022 at 08:54

Make all possible efforts to make your life look so splendid, whoever takes a glimpse of your life feel that life is meant only to be lived like this.

Budget 2022: Deciphering ICAI Budget Recommendations

CA Ranganatha Achar K 07 January 2022 at 14:06

The Apex body ICAI, my Alma mater has suggested some measures and changes in the limits keeping in mind the overall economic scenario, and let me briefly summarize the same which looks to me Quite reasonable and practical.

Introduction to Six Sigma in corporates

Tanuj Chandra Saxenaa 07 January 2022 at 12:24

Six Sigma is a set of management tools and techniques designed to improve business by reducing the likelihood of error. It is a data-driven approach that uses a statistical methodology for eliminating defects.