CAclubindia Articles

What should Students Learn During Articleship?

Neethi V. Kannanth 31 March 2021 at 09:52

Articleship is a crucial period in every CA student’s life. In this article, we discuss six important things that CA students must learn during their articleship period.

Incorporation of NGO (Non-Profit Organisation)

Dipika Bhoodhar 31 March 2021 at 09:52

In this article, we discuss the three types of NGOs i.e. Trust, Society, and Section 8 Company including their meaning, objectives, types, and compliance requirements.

Review Of Internal Financial Control For Bank Branch Audit

CA Amrita Chattopadhyay 30 March 2021 at 15:50

The branches that are required to be covered for reporting on Internal Financial Control will be determined and scoped in by the Statutory Central Auditors.

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.