CAclubindia Articles

Analysis of GSTR 9 & 9C

Sudeep K 09 February 2022 at 15:38

The basic understanding of the adjustments, reconciliations that are to be performed while filing an annual return and reconciliation statement (GSTR 9 & GSTR 9C resp.) are covered in this article.

Which is better for a CA Student? Regular College or Correspondence?

Suhani Ahuja 09 February 2022 at 08:53

Students frequently face a choice on whether to attend Regular College or Correspondence College. At the end of the day, the decision is yours to make, but these are the things you must consider before making that decision.

Whether non-refundable grants be considered as Capital Expenditure and not allowed as expenditure for deduction

FCS Deepak Pratap Singh 08 February 2022 at 08:35

The appellant-Corporation, National Co-operative Development Corporation, was established under the National Cooperative Development Corporation Act, 1962 (hereinafter referred to as the ‘NCDC Act’).

Taxation in Crypto World! Your loss is your loss and Your gain is Government's Gain!

Member (Account Deleted) 07 February 2022 at 14:25

Krishna, Honourable Finance Minister Mrs. Nirmala Sitharaman had declared the Finance Budget of 2022-23 on 01st February in the Lok Sabha. And this year the government decided to tax Virtual digital assets (VDA) so what was the reason behind doing this?

Taxation of Virtual Digital Assets

CA Keyur Somani 07 February 2022 at 12:45

In this blog, I have tried to explain taxation of Virtual Digital Asset and yes crypto has not been given status of currency and it’s an asset on that to I have doubt of legality as taxing something does not make it "legal" as Income Tax Act tax income from betting and smuggling, also never the less it’s another topic of debate.

Guide to fill e-form IEPF-5

CS Divesh Goyal 07 February 2022 at 09:51

In this editorial we will discuss step by step process of the same.

How Fiscal Deficit, Revenue Deficit and other key figures prepared for Budget 2022

Jatin Pal 07 February 2022 at 08:49

Total budgeted receipts are 39,44,909 crore out of which 56% is revenue receipts i.e revenue from tax and balance 46% is majorly from loans and borrowings. The percentage is higher than as compared to the figures related to the actuals of the financial year 2020-2021.

The Tale of 'Arth', 'Shashtri' and the 'New TDS on Perks'

Mayank Mohanka 07 February 2022 at 08:40

Yes, it was the Budget Day. Two close friends, 'Arth'- a businessman and 'Shastri' - a CA, went out for a stroll in late evening.

Difference between subrogation and assignment

FCS Deepak Pratap Singh 05 February 2022 at 14:34

An insurance policy issued to the insured by the insurance company is a contract between them and any claim of loss will be payable according to the terms and conditions agreed between the parties and mentioned in the contract.

Life of Crypto

Preeti Negi 05 February 2022 at 13:30

Crypto currencies are something that most of us have heard of from time to time through various venues. Such information has filled our social media feeds. Crypto has made a few people wealthy, and it has inspired others to pursue their dreams of establishing a niche.