CAclubindia Articles

New Regime of Income Tax Search and Seizure Assessments - Glaring Implications

CA.Mohit Gupta 02 July 2021 at 09:07

Highlighting the significant changes brought in by the virtue of the Finance Act 2021 in context to the Income Tax assessments to be made in pursuance to an Income Tax Search and Seizure Action conducted u/s 132.

Show Cause Notice Under Section 73, 74 and 76 of CGST Act, 2017

Neethi V. Kannanth 01 July 2021 at 10:04

Show cause notice is a notice served by the department giving an opportunity for a person to explain with reasons as to why a particular course of action should not be taken against him.

CA Day: Why is CA Day Celebrated?

CA Sapna Ghelani 01 July 2021 at 10:04

On the 1st of July every year, we honour all the Chartered Accountants across the nation as we consider that Chartered Accountancy is a profession that gives direction to the financial condition of any country.

Consumer Data Rights & Protection Laws in India

F.S Dhiman 01 July 2021 at 08:51

This Bill is still under consideration by a 30 member team which includes a Joint Parliamentary Committee who is soon expected to give a finishing touch to the Bill.

Reasons why we are broke by the end of the month & Solutions to resolve this situation

Sujal Chheda Kapadia 01 July 2021 at 08:51

This is a common problem faced by millennials and Gen Z youth despite earning good. There is poor management of funds. So, let's dig into issues and solutions to overcome this state.

National MSME Bills Payment (Factoring) Portal (NMBPP)

N.Srinivasan 01 July 2021 at 08:50

The major problem that affects MSME is the collection of Invoice made for Service or Supply or Service & Supply. Let us discuss the role of the National MSME Bills Payment (Factoring) Portal in this regard.

Relaxation on filing Forms CHG-1, CHG-9

CS Tanveer Singh Saluja 01 July 2021 at 08:48

The Ministry of Corporate Affairs vide Circular No. 12/2021 has provided relaxation in time for filing forms related to the creation or modification of charges under the Companies Act, 2013.

RBI caps dividend declaration by NBFCs

Corporate Professionals 01 July 2021 at 08:48

RBI has notified the guidelines on the declaration of dividend by NBFCs, with an objective to infuse transparency and uniformity in the practice of corporates. ..

Due date of DPT-3, CFSS-2020 & NDH-1 extended or not?

CS Tanveer Singh Saluja 01 July 2021 at 08:46

MCA has granted additional time up to 31st August 2021 to Companies & LLPs to file those forms which are due for filing from 1st April 2021 to 31st July 2021, without any additional fees.

Functionality to register complaint on misuse of PAN in GST Registration

Suhasini 30 June 2021 at 15:27

To address the complaint related to misuse of PAN for obtaining GST registration, a functionality to register such complaints on GST Portal has been introduced...