CAclubindia Articles

All about Remission of Duties and Taxes on Exported Products (RoDTEP)

Posted by CA. Heet Shah 22 March 2023 1901 Views

RoDTEP stands for Remission of Duties and Taxes on Exported Products. It is a new scheme that has been introduced by the Government of India to replace the earlier Merchandise Exports from India Scheme (MEIS) for exporters.

Regulatory Framework: Liability of Independent Directors

Posted by Affluence Advisory 22 March 2023 1833 Views

An independent director shall be held liable, only in respect of such acts of omission or commission by the listed entity which had occurred with his [/her] knowledge, attributable through processes of the board of directors, and with his [/her] consent or connivance or where he [/she] had not acted diligently with respect to the provisions contained in these regulations.

Important things from Income Tax aspect to consider this March ending!

Posted by CA Umesh Sharma 22 March 2023 7371 Views

Important tasks of income tax that should be undertaken before this March end has been listed in this article.

Rectification of errors under GST

Posted by CA Sudhir Halakhandi 21 March 2023 25370 Views

The errors can be rectified in any decisions or order or notice or certificate or any other document as per section 161 but since on most of the cases dealers / asseseee are concerned with the orders hence we should try to understand the concept with Rectification of Mistakes/errors in Orders.

What is Pure Agent? What are Conditions to Act as Pure Agent?

Posted by CA. Bhavik P. Chudasama 21 March 2023 10589 Views

In Industry still there are many confusions regarding what is Pure Agent and what are conditions to act as pure agent especially when there is a case of 'Reimbursement of Expenses'.

All about GTA under GST

Posted by CA Sanat Pyne 21 March 2023 11155 Views

In this article, we will discuss the definition of GTA, its scope under GST and the compliance requirements for businesses that fall under the category of GTA.

Higher TCS on Foreign Remittances: What Parents Need to Know While Sending Money for Education Expenses

Posted by Rashmi 21 March 2023 8375 Views

The Union Budget 2023 proposed to increase the tax collection at source (TCS) for foreign remittances under the liberalised remittance scheme (LRS) from 5% to 20%.

Analogical Thinking: A powerful tool to understand complex concepts

Posted by CA Rakesh Ishi 21 March 2023 3994 Views

In this article, we will explore how you can use analogy thinking to prepare for the CA exam in a particular subject.

Tally ERP Accounting Software or QuickBooks: What to Choose?

Posted by vishal dharmadhikari 20 March 2023 11531 Views

Tally ERP is a well-known accounting application that is used all over the world and is ultimately used as enterprise software by firms of all sizes. However, it is utilized as a perfect business management solution. QuickBooks will continue to operate in India till 30th April 2023.

Brief On: AIS App for Taxpayers

Posted by CS Lalit Rajput 20 March 2023 3112 Views

The IT Department has recently launched an AIS Application (to view Annual Information Statements)for taxpayers aiming to provide each transaction information taxpayers and accept their feedback.