CAclubindia Articles

TDS on Immovable Property & Relevance of Lower Deduction Certificate For NRIs

Manish Gupta 23 June 2021 at 09:14

Whenever a property is purchased, the buyer is liable to deduct tax from the sale consideration and pay the balance to the seller. The tax amount to be deducted depends on the residential status of the seller.

Pathways for Successful Goal Setting

Tushar Pahade 23 June 2021 at 09:14

Goal setting puts you in the front seat and gives you the power to change your life or accompany you into the future. To be successful, review your goals using the author's ten steps given in this article.

CA Exams 2021: What Exactly are the Concerns of the CA Students?

Neethi V. Kannanth 22 June 2021 at 17:39

ICAI has sent out a clear message that it is firm on its decision to conduct the CA exams from 5th July 2021. But, there are many concerns of the students which are left unattended. Let us address them.

CA Exams 2021 - Unreasonable Demands by the Students or A Blind Eye by the Institute?

Aishna Kukreja 22 June 2021 at 15:51

It may not be good to postpone the exams, the least ICAI can do in the present scenario is make the Opt Out Facility available to anyone who wants to avail it and take into consideration an additional cycle.

CPA Australia and CPA Program: Leadership skills for the future

Suhasini 22 June 2021 at 11:01

Leadership skills can be enhanced through practice and even after 18 years of experience, Ashish Malik CPA (Aust.) continues to build upon his skills with practical knowledge offered by the CPA Australia program.

New TDS sections inserted by Union Finance Bill 2021 and audit implications

shweta v. agrawal 22 June 2021 at 09:39

The Finance Bill 2021 has introduced Section 194Q, Section 206AB and Section 194 P of the Income Tax Act which will be effective from 1st July 2021 onwards. Let us discuss them.

TDS on Purchase of Goods in Income Tax w.e.f 1st July 2021

CA Umesh Sharma 22 June 2021 at 09:39

Section 194Q - A purchaser will be liable to deduct TDS if his turnover during the last year exceeds Rs.10 crores and he purchases goods of value exceeding Rs.50 lacs in the current year from a seller.

Does Financial Literacy Have a Direct Impact on Your Mental Health?

Muskan Mudgil 21 June 2021 at 18:34

The relationship between financial literacy and mental health should have been apparent and obvious since the start as financial literacy directly alleviates stress and anxiety related to financial matters.

Auditing Standard on other Assurance Services

CA Amrita Chattopadhyay 21 June 2021 at 12:09

One of the areas in which a CA renders services is assurance engagement. Discussing Auditing Standards on Other Assurance Services including Certifications, Projections and Provisional Statements.