CAclubindia Articles

Amendment in Rule 3 of the Companies (Accounts) Rules 2014

Posted by FCS Deepak Pratap Singh 22 August 2022 23674 Views

MCA has amended Rule 3 of the Companies (Accounts) Rules, 2014 through Circular dated 11th August, 2022.

Decoding ITC under GST: Eligibility and conditions with examples

Posted by Shruti 22 August 2022 6190 Views

Section 16: Eligibility and conditions for taking ITCWhat is the Eligibility Criteria?Every registered person shall be entitled to take credit of input tax char...

Analysis of Companies (Incorporation) Third Amendment Rules, 2022

Posted by Ajay Kumar Maggidi 22 August 2022 3947 Views

The Regulators are becoming more stringent day by day to bring the transparency and accountability in the system.

ITC reversal in case of supplier found bogus or non existent

Posted by CS Advocate Abhishek Goyal 22 August 2022 13336 Views

Even after completing 5 years, one gets the feeling that GST is still an evolving law. Lot many changes are taking place with almost every GST council meeting. There are still some burning issues which are yet to be ironed out and decisively settled. These burning issues have been a bone of contention between department and the tax payers.

Clause 44 of Form 3CD: An illustrative analysis

Posted by CA Sudhir Halakhandi 21 August 2022 117108 Views

The ICAI has issued revised Guidance Note dated 14th Aug. 2022 on 19th Aug 2022 and with respect to the Clause Number 44.

Decoding of Clause 44 of Tax Audit Report (3CD)

Posted by Shankit Sharma 20 August 2022 19686 Views

A question may arise whether the above information is to be given in respect of each and every head of expenditure or only the total expenditure is to be given.

Identification of Green flags in Audit of Financial Statement

Posted by CA Amrita Chattopadhyay 20 August 2022 13241 Views

While conducting the audit of financial statement and fraud investigation it is imperative for the auditor to focus his attention not only for the RED Flags but also to draw his attention towards the green flags in the financial statements and the operations in the organization.

Physical Verification of Registered Office of the Companies by ROC

Posted by Affluence Advisory 20 August 2022 16006 Views

The MCA vide notification dated 18/08/2022 has notified Companies (Incorporation) Third Amendment Rules, 2022 to insert a new rule in Companies (Incorporation) Rules, 2014, which pertains to physical verification of the registered office address of the Companies.

Why is Zomato in the Red?

Posted by Shubham 20 August 2022 34025 Views

Stock of Zomato has been largely unimpressive since its stellar debut. Let us have a look at the price movement since its listing.

Fixed Deposits: Best Investment or Not

Posted by Taxblock 20 August 2022 3007 Views

Fixed deposits basically mean putting a certain amount of money for a fixed period. You can earn interest on the principal sum throughout the tenure on a cumulative basis. The interest earned gets added to the principal amount after every specific interval.