CAclubindia Articles

Quarterly MCA / ROC Updates for the month of April - June 2021

CS Lalit Rajput 11 July 2021 at 18:55

Discussing MCA / ROC updates for the month of April, May and June 2021, including COVID-19 updates, relaxations, key circulars and monthly updates.

Whether provisions of Section 194Q will be applicable on transfer of unlisted shares

FCS Deepak Pratap Singh 10 July 2021 at 09:26

Section 194Q provides that a purchaser of goods/services shall deduct TDS @0.1% from the amount paid to a seller if the total purchases during the year exceed Rs. 50 lakhs and the turnover in the immediately preceding PY exceeds Rs. 10 crores.

Applicability of IND AS

DEEPAK SETH 10 July 2021 at 09:21

MCA has notified a phase-wise convergence to IND AS from current accounting standards. IND AS shall be adopted by specific classes of companies based on their Net worth and listing status.

Effects of E-invoicing on the GST aspects

Shrijay Sheth 09 July 2021 at 12:24

E-invoicing is believed to impact various GST aspects and compliance. The e-invoicing mechanism is directly linked with two crucial mechanisms under GST: e-way billing generation and GST returns

FLA Return - FLAIR System, Key Points & FAQs

DEEPAK SETH 09 July 2021 at 09:02

Foreign Liabilities and Assets Return is an Annual Return on Foreign Liabilities and Assets required to be filed by an Indian Company and LLP to RBI within the prescribed due date.

Retention of records by Insolvency Professionals relating to CIRP under IBC

CS Lalit Rajput 09 July 2021 at 08:56

An IP shall preserve records relating to that period of a CIRP when he acted as IRP or RP, irrespective of the fact that he did not take up the assignment from its commencement or continue the assignment till its conclusion.

International Trademark

Manju Laur 08 July 2021 at 09:38

At the international level, you have two options: either you can file a trademark application with the trademark office of each country in which you are seeking protection, or you can use WIPO’s Madrid System.

GST Compliances in the Transportation Sector

Abhishek Raja 08 July 2021 at 09:38

Transportation has contributed the most towards the economic, social, cultural and political development of India. Let us discuss the GST in the Transportation Sector.

Tax Compliance and Statutory due dates for the month of July, 2021

Ishita Ramani 08 July 2021 at 09:37

Discussing the Compliance Calendar for July 2021 in two parts i.e. Important Statutory due dates for the GST Returns and Important due dates for the Income Tax Compliance / PF / ESI Returns.

Section 24: Deductions Allowed While Calculating House Property Income

Ritik Chopra 07 July 2021 at 19:16

While calculating income from house property, deductions are allowed out of Net Annual Value. Discussing deductions under Section 24 which are allowed while calculating House Property Income.