CAclubindia Articles

IT Department sends partly faulty communication specifying High Value Information

CMA Navneet Kr Jain 30 March 2021 at 15:05

The income Tax department sends communications specifying High Value Information and seeks further information however communications seem to be partially faulty.

Section 80D of Income Tax Act

Ritik Chopra 30 March 2021 at 12:41

One of the most common expenditure of the general public is on medical/health insurance. Deduction regarding health insurance is allowed if health insurance premium is paid during the previous year out of income chargeable to tax and it is paid by any mode other than in cash.

Extract of Provisions Contained in Faceless Assessment Scheme w.e.f. 1st April 2021

Latish Alwani 30 March 2021 at 12:29

Studying and analysing the Faceless Assessment (Section-144B) w.e.f. 01/04/2021 And Faceless Assessment Scheme, 2019.

Audit Trail in Accounting Software

SANJAN DE 30 March 2021 at 09:54

Audit trails are records (manual or electronic) that chronologically catalogue events to provide supporting documentation used to establish authentication and integrity of a transaction.

Company Dividend is Taxable from FY 2020-21 but What about Mutual Fund Dividend?

Soumya Laha 30 March 2021 at 09:54

There are very few clarifications regarding Mutual Fund Dividend Exemption under section 10(35). Is it still available or not? Let's read and understand with official links.

Commerce opportunities: Part 2 - Expectations from a professional

CMA Mrudula M 30 March 2021 at 09:50

Discussing the expectations from CA's, CS's and CMA's especially with regard to large scale scams done by companies during the last 3 decades.

GST | Ending tasks for FY 2020-21

NITESH DAGA 28 March 2021 at 22:45

The author, through this article, has listed 18 ending tasks related to GST that must be adhered to, before the closing of FY 2020-21.

TDS Rates applicable for FY 2021-22 or AY 2022-23

CA Jainish R. Parikh 28 March 2021 at 14:27

TDS rate Chart for FY 2021-22 and AY 2022-23. The TDS rate chart has been updated with all the latest amendments as per the Finance Act 2021.

Bhramar Jain, All India Topper (AIR-1), CA Final, Jan 2021 in an exclusive interaction with CAclubindia

CCI Team 27 March 2021 at 15:37

Bhramar talks about the importance of summaries, consistency and of having the right circle. He also threw light on how co-curricular activities and keeping your stop-watch on are important for productivity.

Fullerton India Personal Loan Can be Used For?

Suhasini 27 March 2021 at 12:33

Personal loans are well-known for their versatility. Borrowers have access to cash in times of financial distress without limiting how and where the amount is used.