CAclubindia Articles

Analysis of Section 194Q - TDS on purchase of Goods

CA Robin Garg 03 July 2021 at 08:48

Finance act, 2021 has introduced a new section 194Q w.e.f. 01.07.2021 which requires a specified buyer to deduct TDS w.r.t. purchase of goods from a resident seller.

Decoding virtual meetings under Companies Act 2013

Manish Gupta 03 July 2021 at 08:48

Virtual meetings allow people to meet and exchange information in real-time. The Companies Act, 2013 allows companies to hold board and general meetings through e-mode, with some restrictions.

Compliance Calendar for the m/o July, 2021

CA Rahul Mittal 02 July 2021 at 13:58

Discussing all the Compliance Requirements that lie in the month of July 2021 under the Income Tax, GST, Provident Fund, ESI and IEC Laws.

House Property Income

Ritik Chopra 02 July 2021 at 12:06

One of the common sources of income is rental income from house. The income from houses, buildings, godowns etc. is to be computed and assessed to tax under the head "Income from house property".

Is being a Digital Chartered Accountant, a need of the hour?

CA Amrita Chattopadhyay 02 July 2021 at 11:40

The adoption of IT no longer remains a choice. It is critical for the firms to consider effective implementation of IT infrastructure to obtain the desired results.

Relaxation on levy of additional fees

CS Tanveer Singh Saluja 02 July 2021 at 09:10

The MCA has released a list of forms for which relaxation is provided vide General Circular No. 11/2021 & 12/2021. For the purpose of General Circular No. 06/2021 & 07/2021, a list of 53 forms was already in existence. In addition to that the MCA has added 4 more forms.

CBDT issues guidelines under Section 194Q of the Income Tax Act, 1961

CS Tanveer Singh Saluja 02 July 2021 at 09:09

The CBDT on 30th June, 2021, has issued a set of guidelines in regards to the application of Section 194Q w.e.f. 1st July, 2021 vide Circular No. 12/2021.

Various Rules of Thumb for Financial Planning

Muskan Mudgil 02 July 2021 at 09:09

A rule of thumb is a simple yet practical approach to any particular subject or course of action. It is a basic rule-set that gives practical instructions to accomplish a certain task.

Summary of MCA notifications for the month of June 21

CS Sonamm Khandelwal 02 July 2021 at 09:09

In this article, I have tried to summarize the notifications issued by MCA from time to time in the month of June'21.

All about FCRA Registration Online in India

Ishita Ramani 02 July 2021 at 09:09

The full form of FCRA is Foreign Contribution Regulation Act. When any charitable institution such as Trust, Society and Section 8 Company, wishes to receive funds or donations from foreign entity/resources, they shall register themselves under the Foreign Contribution Regulation Act, 2010.