CAclubindia Articles

Meaning of the word Accident under insurance

Posted by FCS Deepak Pratap Singh 17 March 2022 2057 Views

We can define insurance is a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium or we can say that insurance a thing providing protection against a possible eventuality.

Cryptocurrencies & Taxation of Cryptocurrencies under Income Tax

Posted by Taxblock 17 March 2022 3305 Views

A cryptocurrency is digital, decentralized currencies that are issued by a private enterprise to work as a consideration of transaction between two individuals or businesses without any direct interference from the government.

Case study - National spot exchange limited

Posted by FCS Deepak Pratap Singh 17 March 2022 3783 Views

As you are aware that the management of a company is supposed to work in the best interest of the shareholders, however in practice it may pursue its own agenda and that leads to the agency conflicts. Since corporates are legal entities and managed by natural persons and they collectively called Board of Directors.

Whether a German Company can file application under Sec 9 of IBC 2016

Posted by FCS Deepak Pratap Singh 17 March 2022 1487 Views

The Respondent, a German Company (Operational Creditor) filed an application under Section 9 of the Insolvency & Bankruptcy Code,2016 against Indian Company, M/s. Excel Metal Processors Ltd., alleging that the " Corporate Debtor" has committed default in making payment to an extent of US$1,258,2019.42 inclusive of interest @15% p.a.

Cancellation of Registration under GST: An Overview

Posted by Neethi V. Kannanth 16 March 2022 14918 Views

Cancellation of Registration under GST would mean that the person would no longer be registered under GST and is not required to pay or collect GST or claim ITC or file returns.

GST provisions for Freelancers

Posted by CA Puja Sharma 16 March 2022 7668 Views

A freelancer refers to an individual who works independently from any organisation. The freelancers do not have any fixed income. He/She earns based on tasks or assignments undertaken by them. The duration of the assignment is generally a shorter period.

Expectations from the 45th GST Council Meeting

Posted by Poojitha Raam Vinay

16 March 2022 8693 Views

The 45th GST Council meeting will be the first on-ground meeting in around 20 months, as the last such meeting was conducted in 2019 before restrictions were enforced due to the COVID-19 pandemic.