CAclubindia Articles

Is last Para of Income Tax Circular No. 13 of Year 2021 consistent with legal provisions?

CA Tejas Andharia 05 July 2021 at 09:00

Analysing the reading of Second Proviso to Section 206C(1H) and Section 194Q(5) and fetching answers after a harmonious reading of both the sections against different situations.

Inclusion of Retail and Wholeseller in MSME

Rajat Soni 05 July 2021 at 09:00

Under the revised guidelines, the Ministry of MSME has issued an order to include retail and wholesale trade as MSME and extending to them the benefit of priority sector lending.

Whether ITC on goods/services used in the construction of mall can be used against GST payable on rental income?

FCS Deepak Pratap Singh 05 July 2021 at 09:00

The Orissa High Court in the case of - Safari retreats (P.) Ltd. vs Chief Commissioner of CGSTallowed ITC of construction material and services used for construction of a mall in which shops were leased post construction instead of being sold.

Corporate Compliance Calendar for the m/o July, 2021

CS Lalit Rajput 05 July 2021 at 09:00

Discussing Compliance Requirements for the month of July 2021 under various statutory laws. We have also provided Important Updates and Notifications for the month of June 2021 under these laws.

Recent changes in the provisions relating to independent directors

Amitav Ganguly 05 July 2021 at 09:00

The provision of independent directors in the Companies Act 2013 and the SEBI laws have been constantly in the limelight. Changes have ushered in from time to time by the authorities to make them more effective.

PGBP Additions and Deductions

Kush Shah 05 July 2021 at 09:00

Discussing the things to be added or deducted from the Net Profit as per books under the head Profits and Gains of Business or Profession.

Cases when Rental Income from Building is not treated as House Property Income

Ritik Chopra 03 July 2021 at 14:30

There are many instances where rental income from a building is not treated as house property income. Four of such instances have been discussed in this article.

Shifting of Registered Office from one City to Another City within same ROC/State

CS SANDEEP CHAUHAN 03 July 2021 at 14:18

A company may change its registered office from one city to another city within the ROC/State by passing a special resolution. The SR is mandatorily required to be passed through a postal ballot if the company has more than 200 members.

GST on Individual Advocates including Senior Advocates and Firm of Advocates

Gaurav Arya 03 July 2021 at 14:09

Advocates have the privilege of not paying GST on their output supply, while the tax on their supplies has to be paid by recipients under RCM. Let us understand the GST on Advocate Services in detail.

Why you should write a journal?

CA RAJENDRA SAH 03 July 2021 at 08:49

Writing down your daily experiences along with the lessons you have drawn from them will make you wiser with each passing day. It will also help you remain focused on the things that truly count.