CAclubindia Articles

GST Applicability on Foreign Diplomatic Mission (FDM)

Kush Shah 27 June 2021 at 20:57

"FDMs shall be given a full refund of taxes for the underlying value of their Input Tax Credit in Procedure and Manner as may be prescribed” clarifies GST Council vide circular number 68/2018.

Things To Avoid While Preparing For Exam

CA RAJENDRA SAH 27 June 2021 at 20:56

Avoid all things which are unproductive & stopping you to give your best to your studies. Life is a mission in itself where you need to give 100% to your body & mind.

Income Tax (CBDT) Due Date Extended beyond June, 2021

CS Lalit Rajput 26 June 2021 at 09:58

Government grants further extension in timelines of 18 compliances. Also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received on death due to COVID-19.

CA Exams 2021: Adv. Anubha Shrivastava on Student Concerns and Recommended Solutions in an Exclusive Interaction with CCI

CCI Team 25 June 2021 at 13:40

In an exclusive interaction with CAclubindia, Adv. Anubha lays down various student concerns, the relief measures that they are seeking and talks about solutions that can be implemented in the interest of the students.

CA Amendment Regulations 2021: Key Highlights

CS Lalit Rajput 25 June 2021 at 11:12

The Institute of Chartered Accountants of India has announced the CA Amendment Regulations 2021. Industrial Training Provisions have been amended under the new regulations.

All About One Person Company

Neethi V. Kannanth 25 June 2021 at 09:37

Any person who is an Indian citizen, whether a resident in India or not i.e. NRI shall be eligible to incorporate a One Person Company and appoint its nominee.

Income Tax under the head Salary

CA. Arpan Jain 25 June 2021 at 09:37

Understanding Income Tax Chargeable on Income from Salary, including Tax Saving Methods that salaried individuals can adopt to lower their taxable income.

Which Section 194Q or 206C(1H) will be applicable?

CA Pooja Dhoot 24 June 2021 at 11:44

Section 194Q is for TDS applicable from 01.07.2021 and Section 206C(1H) is for TCS applicable since 01.10.2020. Let us understand which section will be applicable in practical scenarios.

IFRS 13 - FVM - A supportive IFRS & Dictionary Friendly IFRS

CA. Chikkerur C R 24 June 2021 at 10:36

This standard became mandatory on 1st Jan 2013. It took 8 years since 2005 to evolve itself as a mandatory standard in 2013. Ind AS 113 is the Indian version of IFRS 13.

All you need to know about Surrender of IEC License

Ishita Ramani 24 June 2021 at 09:33

When the IEC holder voluntarily revokes his rights to use the IEC for whatsoever reason, it is said to be the IEC Surrender. If the IEC License is no longer in use then the same can be surrendered.