CAclubindia Articles

Formal Education Vs Self Education

CMA Mrudula M 17 June 2021 at 16:48

Formal education provides us with the fundamentals of entering the professional life however, to sustain our presence and even excel - one must rely on enhancing skills through self-education.

An Analysis of TDS u/s 194Q

CA Sudhir Halakhandi 17 June 2021 at 14:26

TDS at the rate of 0.1% is to be deducted on the amount exceeding Rs. 50 lakhs in any one FY from one seller from whom the buyer has purchased goods worth more than Rs. 50 lakhs.

Did you know all about e-way bill concept and related provision under GST?

CAJayprakash Pandey 17 June 2021 at 11:51

An E-Way Bill is required for the movement of goods. It helps to identify the movement of goods at every state and thus helps prevent tax evasion (If the bill is not accounted for either by the seller or buyer).

What is Cost Inflation Index?

Neethi V. Kannanth 17 June 2021 at 10:13

Cost Inflation Index means an index, having regard to seventy-five percent of average rise in the Consumer Price Index (urban) for the immediately preceding PY to such PY.

GST Rate reduction related to Covid related goods

Rohit Kumar Singh 17 June 2021 at 10:13

Pursuant to the GST Council recommendations in their 44th meeting held on 12th June 2021, CBIC has issued notifications relaxing the GST rate on goods being used in COVID-19 relief and management.

An insight into Composition Levy: Sec 10 of CGST Act 2017

Vaibhav Singh 17 June 2021 at 10:12

To lower the burden of compliance for small businesses, a composition scheme has been introduced under GST law where the assessee has to pay tax at a minimum rate based on their turnover.

CA Final SCMPE Strategic Cost Management and Performance Evaluation Online Classes

CCI Team 16 June 2021 at 14:31

The recommendations provided in this article are with due consideration of the experience and knowledge the faculty holds for the subject of SCMPE and whose classes are available in Google Drive, Pen Drive and Video Lectures Format.

Comparative Analysis of Section 194Q & Section 206C(1H)

CA Harshal Jain 16 June 2021 at 14:29

Section 194Q is similar to Section 206C(1H) which was introduced by Finance Act 2020, requiring seller to collect tax at source on transactions between a buyer and a seller.

All About IFRS

CCI Team 16 June 2021 at 09:36

The International Financial Reporting Standards were established to bring consistency and reliability to businesses and their financial statements by creating a common accounting language.

Major Changes in new Income Tax Returns for AY 2021-22

CA Sapna Ghelani 16 June 2021 at 09:35

CBDT has notified the Income Tax Returns for AY 2021-22 on 31st March 2021. Let us understand the Major Changes in these Returns and the impact of COVID-19 on the overall changes made by CBDT.