CAclubindia Articles

Summary of Relief Measures announced in GST Compliances on 01st May 2021

Tax Ninja 03 May 2021 at 09:54

Amidst the COVID19 pandemic and the lockdown already in force in most parts of the country, CBIC has issued various notifications to provide relief to the taxpayers for various GST compliances.

Registration procedure of Private Limited Company

Mohit Singh 03 May 2021 at 09:54

A Private Limited Company Registration manages enlisting a private limited company in India. A private limited company is one that has a possession status that ..

CBIC extends GST Return Due Dates, Waives Late fee for GSTR-3B

Rinav Ashok Khakhar 03 May 2021 at 09:54

Amidst the second wave of covid-19 pandemic throughout the country and complete/partial lockdown already in force in most parts of the country, CBIC comes out with another set of midnight notifications to provide relief to the taxpayers for various GST compliance/returns.

Economic offences and its terminology

CA. RAUNAK AGARWAL 03 May 2021 at 09:53

Economic offences are offences which will not only inflict pecuniary losses but also damage national economy and may have security implications as well.

Provisions relating to appointment of an Alternate Director under the Companies Act, 2013

Ramaswami Kalidas 03 May 2021 at 09:52

Provisions relating to appointment of an Alternate Director under the Companies Act, 2013-Some important questions to introspect

RBI | Guidelines for Appointment of Statutory Central Auditors, Statutory Auditors of Commercial Banks, UCBs and NBFCs

Devangi Singh 02 May 2021 at 11:42

These Guidelines provide necessary instructions for the appointment of Statutory Central Auditors, Statutory Auditors, the number of auditors, their eligibility criteria, tenure and rotation, etc. while ensuring the independence of auditors.

Determination - A Key Element of Success

N.Vimal Kumar Jain 02 May 2021 at 11:42

Determination plays a huge role in maintaining your positivity rate and success. With this background I would like to share my thoughts on determination and how you can build it to achieve your goals

Integration Of Fraud Risk Factor In IFC Framework

CA Amrita Chattopadhyay 01 May 2021 at 11:54

The management needs to have a certain benchmark to assess the adequacy of controls for the mitigation of risks. Without these benchmarks, the risk assessment will be subjective without any guiding post.

Section 115BAD: Alternate Taxation Scheme for Co-Operative Societies

Ritik Chopra 01 May 2021 at 09:52

Section 115BAD provides the benefit of a lower tax rate to Resident Cooperative Societies. It allows them to pay tax at 22% and is applicable for any PY relevant to the AY beginning on or after 01.04.2021.

Who is required to file the Return of Income?

Sagar Devani 01 May 2021 at 09:52

As per Section 139(1) of the Income Tax Act, 1961, it is compulsory for companies and firms to file a return of income for every previous year on or before the due date in the prescribed form.