CAclubindia Articles

All about Import Export Code & its Registration

Posted by Antika Mukherjee 20 September 2022 2626 Views

Any proprietorship, Company, society or charitable organization engaging in the import or export of goods or services duly, are required to get an unique 10 digit Import Export Code allotted to them by the Directorate General of Foreign Trade, Ministry of Commerce.

Digital Lending - A trap or a bonanza

Posted by CS Komal Garg 19 September 2022 3187 Views

In the era of growing fintech companies, the option of availing loans on zero interest rates or BUY NOW PAY LATER mode are increasing at fastest pace. Companies such as Zest Money, Simpl etc., are giving credit facilities to general public to avail loans and repay the money in various monthly installments that too with no interest cost sometimes.

Circular 18/2022 issued by CBDT on Section 194R

Posted by Shikhar Khurana 19 September 2022 14810 Views

Vide the powers conferred under sub-section (2) of section 194R of the Income Tax Act, 1961 (‘Act’) the Central Board of Direct Taxes ('CBDT') has issued guidelines for removal of difficulties in implementation of this section. These guidelines are binding on the income tax authorities and on the person providing such benefit/ perquisite.

All about internal control

Posted by Jyoti Mittal 19 September 2022 5643 Views

Internal control may also be defined as a process comprises of Organisation, People and Information Technology.

Online Company Registration in India: How to Register a Company in India?

Posted by Jyoti Singh 19 September 2022 2436 Views

Let's try to grasp the many forms of business structures in India before learning how to register a company.

Amendment to the definition of small company and benefits

Posted by Affluence Advisory 19 September 2022 3954 Views

The Ministry of Corporate Affairs has notified an amendment in the Companies (Specification of Definitions Details) Rules, 2014 that come into force from 15th September, 2022. The Amendment has been introduced to provide ease of doing business and to reduce the burden of compliance from a large number of companies as the definition has been widened to cover more companies.

Inquiry made u/s 142 or 142A of income tax act

Posted by Taxblock 17 September 2022 7591 Views

Section 142 and 142A of the Income-tax Act deal with giving notice to the assessee to submit returns, produce accounts, documents, etc.

How to Pay Stamp Duty Online - SHCIL

Posted by CS Rajnish Pandey 17 September 2022 12592 Views

Step-by step guide on how to pay Stamp Duty Online

Financial Statements For Non-Corporate Entities

Posted by Poojitha Raam Vinay

16 September 2022 1606 Views

Financial Statements provide the information about financial position, performance, and cash flows of an enterprise this helps in various decisions for the users. The Financial Statements are like the Performance Card of the entities.

Obligation to indicate Director Identification Number (DIN)

Posted by Affluence Advisory 16 September 2022 3790 Views

Section 158 of Companies Act, 2013 states that every person or company, while filing any return, information or particulars as are required to be furnished under this Act, shall mention the Director Identification Number ("DIN") in such return, information or particulars in case such return, information or particulars relate to the director or contain any reference of any director.