CAclubindia Articles

Who Guides You: Maps your Journey

Posted by Kumar Purohit 07 May 2022 3241 Views

Fortunate are those who are blessed with the association of wise people, true genius, unbiased & pure hearted souls.

New Timelines for Validity of Old 148 Re-Assessments Notices as per SC Judgement

Posted by Mayank Mohanka 06 May 2022 8500 Views

In this Article, the Author has tried to capture all the nuances and practical implications of the Hon'ble Supreme Court judgement on Validity of Old 148 Re-Assessment Notices, and gives a Clear and Unambiguous Picture & Guidance on the New Valid Timelines for Validity of such impugned Re-assessment Notices, in accordance with the directions given in the SC judgement.

Exemption and Taxability of Leave Encashment

Posted by Neethi V. Kannanth 06 May 2022 11219 Views

Every salaried person as per labour law is entitled to a minimum number of paid leave every year. However, it is not necessary that an individual employee utilises all the leave he is entitled for a year. In fact, most employers allow the employees an option of carrying forward such unutilised paid leaves.

3 Upcoming IPOs to Look Forward To

Posted by Poojitha Raam Vinay

06 May 2022 6586 Views

In 2021, 46 Companies floated IPOs which raised INR 80,102 crore and expected to raise INR 1 lakh crore by the year end.

The Truth about Investment Banking

Posted by Sazal Sharma 06 May 2022 4633 Views

Many professionals believe that investment banking will play an important role in almost every world-changing industry in the near future, as at the end of the day companies will always require large investors and investors will always be will in search of new companies to invest in, so it's safe to say that investment banking will be around for a long time.

Top Skills that CAs must Develop to be Relevant in the Coming Years

Posted by Suhani Ahuja 06 May 2022 10819 Views

Some of the most vital skills one should attempt to learn and develop throughout their career if they want to excel in accounting and improve their job satisfaction has been described in this article.

Important Due Date Compliances for the month of November 2021

Posted by Neethi V. Kannanth 06 May 2022 6938 Views

Due Dates for Income Tax & GST Compliances for the m/o Nov 21

Section 194P - Tax Deduction in case of a Specified Senior Citizen

Posted by CA.R.S.KALRA 06 May 2022 2111 Views

If a resident senior citizen is earning exempt income, like, interest on PPF, agriculture income, the share of profit from the partnership firm, etc. he should not be treated as ineligible for this provision.

Penalty for failure to get accounts Audited Section 271B

Posted by CA.R.S.KALRA 06 May 2022 9314 Views

If any person fails to get his accounts audited in respect of any previous year or years relevant to an assessment year or furnish a report of such audit as required under section 44AB, the Assessing Officer may direct that such person shall pay, by way of penalty