CAclubindia Articles

Changes in IGAAP Reporting Framework by MCA w.e.f 1st April 2021

Mehul Gada 05 June 2021 at 09:35

MCA has made certain changes in the financial reporting framework prescribed under Division I of Schedule III of the Companies Act, 2013. These changes are applicable w.e.f April 1, 2021.

Key Changes in the Provisions of Income Tax Act, 1961 effective from 1st April 2021 and onwards

Manish Gupta 05 June 2021 at 09:35

Numerous amendments have been made in the provisions of the Income Tax Act, 1961 with the enactment of Finance Act, 2021. Let's walk through some of those crucial changes.

What investing behaviors undermine investment performance?

CA Aaditya Chhajed 05 June 2021 at 09:35

Are you repeating the same investing mistakes over and over again? Check out these investing behaviors that could be undermining your investment performance.

GST Relaxations 2.0 decoded!!

Jayesh Prakash P 04 June 2021 at 11:42

The Central Board of Indirect Taxes and Customs, via several Notifications dated 1st May 2021 and 1st June 2021, has provided relief to taxpayers due to COVID-19. Same has been listed in this article.

How to Calculate House Rent Allowance under the Income Tax Act?

Ritik Chopra 04 June 2021 at 08:57

Sometimes the employer does not provide rent-free accommodation but instead helps the employee in paying rent by providing an allowance. The amount of cash paid is known as House Rent Allowance.

Internal Audit Evidence

CA. Heet Shah 04 June 2021 at 08:57

Information collected from underlying entity records and processes, as well as information from the performance of various audit activities and testing procedures forms part of "Internal Audit Evidence" based on which auditor forms his opinion.

Planning of Internal Audit Assignments

CA. Heet Shah 04 June 2021 at 08:57

An Audit Committee is required to formulate the overall internal audit plan of the company which includes planning the scope, functioning, periodicity, and methodology for conducting the internal audit.

Persistence: The key to success

CA. Heet Shah 04 June 2021 at 08:57

Think about all of the famous entrepreneurs - Arianna Huffington, Steve Jobs, Elon Musk, Bill Gates etc. They all showed up every single day. They showed up when they didn't want to. Thus, Persistence is the key to success.

Difference Between Ethics And Law You Should Know

Tushar Pahade 04 June 2021 at 08:57

Ethics guide us that everything is the best activity in all walks of life, while the law as a whole contains clearer principles so that society and its foundations can be preserved.

CA Final DT Direct Tax Laws and International Taxation Video Classes

CCI Team 03 June 2021 at 15:12

Suggesting the best faculty for CA Final Direct Tax Laws and International Taxation paper for new and old course. The courses mentioned here are available in Google Drive Format, Pen Drive Format and Video Lectures Format.