CAclubindia Articles

Definition of "Undertaking" under Section 180(1)(a) of the Companies Act, 2013

Ramaswami Kalidas 18 January 2021 at 14:34

This article examines the appropriateness of the definition of "Undertaking" as per section 180(1) (a) of the Companies Act, 2013 as per the Legal Lexicon and also as per the Judiciary.

Section 194DA | TDS on Payment in respect of Life Insurance Policy

CA.R.S.KALRA 18 January 2021 at 09:58

This article discusses the TDS provisions applicable on payment in respect of Life Insurance Policy like who is responsible to deduct tax ,time period of deduction, rate etc.

Persons Who Are Compulsorily Required To File ITR in India

Meet Gudhka 18 January 2021 at 09:58

This article focuses on the provisions laid down in the Income Tax Act, 1961 with respect to mandatory filing of a Return of Income (conveniently known as ITR) by an Individual.

It is time to look back at - Why GST and what exactly is it?

CMA Mrudula M 18 January 2021 at 09:58

This article explains how GST is the need of the hour. A comparison between the old tax system and GST has been madeon the basis of rates, levy & collection, cascading effect and ease of business.

Taxation of Derivative Transactions

Kanj 16 January 2021 at 13:00

The purpose of this article is to assist the new entrants regarding the taxation of derivative transactions and the method of computation of profits arising out of derivative trading.

Section 194D | TDS on Insurance Commission

CA.R.S.KALRA 15 January 2021 at 09:51

In this article, we understand all about Section 194D which deals with the TDS on Insurance Commission including when such tax is or isn't to be deducted, rate of TDS, and reinsurance.

Decoding the New Rules of Penalty Shoot-out: Faceless Penalty Scheme 2021!!

Mayank Mohanka 15 January 2021 at 09:51

In this Taxalogue, we have decoded and explained the newly inserted rules of penalty shoot-out i.e. the newly legislated Faceless Penalty Scheme, 2021 and its provisions.

Ways to ascertain the points required in Form 3CD from Tally ERP 9

CA Kushwanth AVSR 15 January 2021 at 09:51

Among the softwares that are used for the preparation of books of accounts, Tally Software is widely used. In this article, we ascertain some relevant points in Form 3CD from Tally ERP 9 while doing Tax Audit.

Fight is not one of knowledge vs ignorance, but of faith vs fear

CA Aaditya Chhajed 15 January 2021 at 09:51

Equity markets are fundamentally unknowable. No matter how much you know, you still can't prove what's going to happen in the future. In this article, the author has listed 10 basic points on investing which may prove to be fruitful.

Trust Taxation- Amendments

Venkat Raj 14 January 2021 at 10:33

In this article, we understand the Amendments in Trust Taxation bought in by the Finance Act 2020 and keeping in view, the aftermath of COVID-19 pandemic.