CAclubindia Articles

Relaxation on Levy of Additional Fees: Updated list by MCA

CS Tanveer Singh Saluja 03 June 2021 at 14:40

The MCA has again revised the list of forms for which relaxation was provided vide General Circular No. 06/2021 & 07/2021, by adding 13 new forms in the existing list. Same has been listed in this article.

Section 194Q: TDS on Purchase of Goods Exceeding Rs. 50 Lakhs

CA Pankaj Agarwal 03 June 2021 at 09:50

As per Section 194Q, a buyer is supposed to deduct 0.1% TDS on the purchase of goods from a resident seller, the value of which exceeds Rs. 50 lakhs in any PY.

Grandfathering Concept in Relation to Long Term Capital Gain

CS Sonamm Khandelwal 03 June 2021 at 09:41

Income from capital gains is classified as 'Short Term Capital Gains' and 'Long Term Capital Gains'. Let us understand the 'Grandfathering Concept' in relation to the Long Term Capital Gains.

An insight into E-way bill

Vaibhav Singh 03 June 2021 at 09:41

E-Way Bill is a compliance mechanism wherein, by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates the same on the GST portal.

Tax Implications on Forex Transactions: TCS on Remittances Outside India

Manish Gupta 03 June 2021 at 09:40

Forex Transactions refer to transferring funds from one country to another. Let us understand the tax implications, mechanism for paying the tax and Liberalized Remittance Scheme in this regard.

Appointment of Key Managerial Personnel (KMP) - Section 203 of the Companies Act, 2013

Neha Rajan Redekar 03 June 2021 at 09:40

As per Section 203(2), every whole-time key managerial personnel of the company shall be appointed by means of a board resolution containing the terms and conditions of the appointment, including the remuneration.

Five Books for Investment Beginner

Muskan Mudgil 02 June 2021 at 19:17

To make the right investment decisions you should be clear about the basics like any other subject. Thus, here are some book recommendations that can help you kickstart your investment journey.

Practical Approach: Form CFSS-2020

CS Tanveer Singh Saluja 02 June 2021 at 17:34

CFSS-2020 is required to be filed by Companies who have filed belated forms/documents in the MCA-21 registry under the Companies Fresh Start Scheme, 2020 during the moratorium period from 1st April 2020 to 31st December 2020.

Corporate Compliance Calendar for the m/o June, 2021

CS Lalit Rajput 02 June 2021 at 16:50

Discussing Compliance Requirements that lie in the month of June 2021 under various statutory laws including Income Tax, GST, FEMA, RBI, and Companies Act etc. ..

Golden habits of warrior student

CA RAJENDRA SAH 02 June 2021 at 16:07

We set our goals in life but in the middle, we forget to set our habits. It is a hard truth that only our habits will help us achieve our goals. Let us discuss these golden habits.