CAclubindia Articles

SEBI Modified Cyber Security and Cyber Resilience Framework of Qualified RTAs

CS Lalit Rajput 31 May 2022 at 10:03

In order to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, SEBI has issued notification related to Modification in Cyber Security and Cyber resilience framework of Qualified Registrars to an Issue and Share Transfer Agents ("QRTAs")

IND AS 36: Impairment of Assets

Madhur Gandhi 31 May 2022 at 08:47

It prescribes that entity applies to ensure that assets are not carried at more than their recoverable amount. An asset is carried at more than its recoverable amount when it exceeds amount to be recovered through use or sale of the asset.

Modifications in definition of Critical Illnesses prescribed in Guidelines on Standardization in Health Insurance

FCS Deepak Pratap Singh 31 May 2022 at 08:47

The extant IRDAI (Health Insurance) Regulations 2016 were notified on 18th July, 2016 superseding IRDA (Health Insurance) Regulations 2013. The Guidelines on Standardization in Health Insurance were issued on 29th July, 2016.

Amendments in Schedule III of Companies Act 2013 - Part 2

Neethi V. Kannanth 30 May 2022 at 16:47

In continuation of the previous part on Amendments in Schedule III let us discuss the remaining changes

No GST recovery can be made Forcefully in Investigation

CA Umesh Sharma 30 May 2022 at 13:28

What is the recent Instruction brought by GST Investigation Wing in respect of recovery of tax during search and seizure?

How Passive Income From Fractional Ownership Of Commercial Real Estate Is Taxed In India

Suhasini 30 May 2022 at 11:49

Passive income is money earned with little or no regular effort. Commercial property fractional ownership is a new source of passive income. However, if anything permits you to generate income, it is subject to taxation. The IT laws for commercial property fractional ownership differ from that for residential property.

How to value your business during COVID times?

Ishan 30 May 2022 at 08:28

The valuer is expected to apply his professional judgement on case-to-case basis since there is no set thumb rule to approach and account for market uncertainties and volatility in the valuation exercise and no standard normalization adjustments to cash flows or discount rates are made available to make the valuation assignment any less subjective.

Shares Transfer procedure in a Private Company as per Companies Act, 2013

Rajendra Prasad Gangula CA 30 May 2022 at 08:28

Generally, a private company is guided by its Article of Association. As per Section 2(68) of the Companies Act 2013, a Private Company restricts the transfer of its shares and prohibits invitation to the public to subscribe to any securities of the Company.

Some important facts related to all risk insurance policies

FCS Deepak Pratap Singh 30 May 2022 at 08:28

The insurance companies classify different types of insurance covers offered to policyholders in many ways. The broad Classification of such insurance cover has been covered in this article.

Six Major changes in new ITR Forms notified

Vaibhav Singh 30 May 2022 at 08:28

The new information which taxpayers need to provide is the source of their "pension, interest received from the EPF account, date of purchase or sale of land", etc. It is essential for you to know the six additional pieces of information to provide them in the ITR form.