CAclubindia Articles

Maintaining your Mental Health in the Era of Cut Throat Competition

CA Anurag Sharma 07 October 2021 at 09:27

Our mental health is as important as our success or money. A human is an emotional machine. Spending quality time with ourselves or with our loved ones is as important as spending time building our careers.

Basic overview of CGST, SGST, IGST and UTGST

Taxblock 07 October 2021 at 09:27

There were multiple taxes before GST such as Central Excise, Service Tax and State VAT etc. whereas under GST there is only one tax with three different components i.e., CGST, SGST and IGST.

Section 194N: TDS on heavy cash withdrawal from Banks / Post Offices

Taxblock 07 October 2021 at 09:27

With the amendment in Finance Act, 2020 section 194N was amended by substituting 83A which imposes 2% TDS on withdrawal of sum exceeding Rs.1 crore. This section has come into effect from 1st July 2020.

Whether non gratuitous payment to a shareholder by company is taxable as deemed dividend?

FCS Deepak Pratap Singh 07 October 2021 at 09:27

A gratuitous loan given by a company to a shareholder would come u/s 2(22)(e ) but not in case where the loan or advance is given in return to an advantage conferred by such a shareholder.

Corporate Compliance Calendar for the m/o October 2021

CS Lalit Rajput 06 October 2021 at 14:41

Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of October 2021.

A fine discussion on Trademark Registration in India

Anshika Kaushal 06 October 2021 at 09:58

A trademark can be put on a package, a label, a voucher, or on the product itself. You can also use a trademark on your company buildings. It is recognized as a form of intellectual property under the law.

Problem and Answer on Section 28(va) and Section 40(a)(ia) of the Income Tax Act, 1961

FCS Deepak Pratap Singh 06 October 2021 at 09:58

Section 40(a)(ia) is applicable only in case of interest, commission, rent, royalty, fees for professional or technical services etc. Amount taxable in the hands of recipient u/s 28(va) is not covered.

Annual Compliance Applicable to Listed Companies

Neha Rajan Redekar 05 October 2021 at 12:54

Listed entities are required to comply with the provisions of the Companies Act, 2013 and those laid down by SEBI. These Compliances can be grouped into quarterly, half yearly and annual compliances.

Pensioners Can Now Submit Annual Life Certificate Without Visiting Bank

Neethi V. Kannanth 05 October 2021 at 10:07

Pensioners can now submit a life certificate by sitting at home by availing the door step service provided by various public sector banks and the country's postal service.

Analysis on FEMA (Foreign Exchange Management Act, 1999) And RBI Compliances

Neha Rajan Redekar 05 October 2021 at 09:36

The Reserve Bank of India has permitted foreign investment in almost all sectors with a few exceptions. Thus, the increasing cross border transactions need a proper level of compliance mechanism to be in place.