CAclubindia Articles

Computation of Period of Holding

Ritik Chopra 19 August 2021 at 13:21

Period of holding starts from the day when the asset is acquired by the assessee and ends on the day when it is sold/disposed off/transferred otherwise.

SEBI Circular on Penalty for Repeated Delivery Default

CS Lalit Rajput 19 August 2021 at 09:26

The need of the circular is to protect the interest of investors in securities, to promote the development of, and to regulate the securities market.

SEBI issues guidelines on issuance of NCDs along with warrants

CS Lalit Rajput 19 August 2021 at 09:24

SEBI has issued guidelines for non-convertible debentures with warrants products, whereby it made the electronic book platform mandatory for the non-convertible debt instruments portion of the issue.

Centre Notifies RoDTEP Scheme Guidelines and Rates

CS Lalit Rajput 19 August 2021 at 09:24

The scheme will be implemented by Customs through a simplified IT system while the rebate will be issued in the form of a transferable duty credit/electronic scrip which will be maintained by CBIC.

Understanding the concept of Transmission of Securities

Devershi Gupta 19 August 2021 at 09:23

'Transmission of Securities' means transferring the ownership of securities to legal heirs or successor or nominee or surviving joint holder, by operation of law, in case of death of a security holder, insolvency, inheritance or lunacy of the member.

Implications of GST fraud and non-fraud cases

Shivani Dundlodia 19 August 2021 at 09:22

Fraud and non-fraud cases are different from one another, and hence the tax and penalty amount with its provisions are also different. Let' s find out what are the implications of both fraud and non-fraud cases in GST.

50 Practical FAQs on RoDTEP Scheme

Ravi Kumar Somani 19 August 2021 at 09:22

RoDTEP scheme is notified for the remission of duties, taxes and other levies at the Central, State and local level which are borne on the exported goods manufactured in India.

LLC Incorporation in Delaware, USA

Ishita Ramani 19 August 2021 at 09:22

LLC has credibility and limited liability that one can generally sough in a corporation, flexibility and pass-through taxation that are the main characteristics of a partnership.

What is Schedule Assets and Liabilities (Schedule AL)?

Poojitha Raam Vinay 18 August 2021 at 17:51

Schedule AL is a statement of disclosure of assets and liabilities which the taxpayer shall disclose in the Income Tax Return (ITR). This was introduced from AY 2016-17.

Procedure for Registration as Legal Heir on the New Income Tax Portal

Neethi V. Kannanth 18 August 2021 at 16:50

The New Income Tax Portal has now enabled the Registration as Legal Heir, which will ensure easy filing of Income Tax Return (ITR) of a deceased person.