CAclubindia Articles

MCA Update On V3 - Part 1

Posted by CS Lalit Rajput 25 August 2022 2275 Views

MCA21 V3 Project is a technology-driven forward looking project, envisioned to strengthen enforcement, promote Ease of Doing Business, enhance user experience,facilitate, seamless integration and data exchange among Regulators. The project will have Micro-services architecture with high scalability and capabilities for advanced analytics.

Enterprising India - Company Secretary as the backbone of the Company

Posted by Anu Birla Amodia 24 August 2022 4881 Views

Enterprising means good at thinking of and doing new and difficult things, especially things that will make money.

Interest Under Section 234

Posted by Taxblock 24 August 2022 8267 Views

Under section 234B of the Income Tax Act, you would be fined in the form of interest if you miss or delay the payment. Similarly, you must pay fines under sections 234A and 234C. Here's a rundown of the three sorts of interest you might have to pay in case of default.

File Form 29D to get refund

Posted by Neethi V. Kannanth 23 August 2022 12808 Views

The CBDT through notification no. G.S.R. 634(E) dated 17 August,2022 has amended Income Tax Rules, 1962. As per the notification, a non-resident is required to file Form 29D to claim refund. Read on to know more.

FAQs on SEBI Settlement Scheme 2022

Posted by CS Lalit Rajput 23 August 2022 3438 Views

Securities Exchange Board of India (SEBI) vide Public notice dated 19th August, 2022has issued Public notice in respect of SEBI-Settlement Scheme 2022.

Limited Liability Partnership Act 2008

Posted by Venkat Raj 23 August 2022 2833 Views

Limited liability partnership ("LLP") is a new concept envisaged for ease of doing business which acts as an advantage compared to Partnership and Company. LLP can be constituted with 2 partners with one being designated partner.

What Are Bonds and Different Types of Bonds

Posted by Taxblock 22 August 2022 2065 Views

A bond is a financial instrument that is offered as a security to loans offered to an investor that is issued by a government or corporate entity. It bears a fixed repayment with a certain rate of interest the maturity or expiry of the due date to the investor.

Amount Received Under A Settlement Or Decree May Not Be Taxable Under IT Act 1961

Posted by Adv. Ravish Bhatt, ADIT, CIOT 22 August 2022 39667 Views

In practice, nature of receipt shall be determined by extensive scrutiny of pleadings in suit and / or recitals contained in the settlement agreement and careful drafting will be quintessential.

Clause 44: Clarifications as per new guidance note - AY 2022-2023

Posted by CA Sudhir Halakhandi 22 August 2022 19208 Views

Clause 44: Clarifications as per new guidance note for Assessment Year 2022-2023

"Handi" of Arrest in GST smashed by CBIC

Posted by CA Umesh Sharma 22 August 2022 3890 Views

On 17th August 2022 Instruction No. 02/2022-23 was issued following the judgement of the Supreme Court in Siddharth v. The State of Uttar Pradesh and Amr, with respect to arrest and bail. The Guidelines has also added that arrest should not be made in cases where is difference in interpretation of law.