CAclubindia Articles

Section 194A | TDS on Interest (Other Than Interest on Securities)

CA.R.S.KALRA 09 January 2021 at 09:32

In this article, we discuss all about Section 194A of the Income Tax Act 1961, which deals with the TDS on Interest (Other Than Interest on Securities), including its threshold limit, rate of TDS and recent amendments.

GST Audit - Applicability and Procedure

Indira Priyadarsini Kota 09 January 2021 at 09:32

In this article, we discuss all about GST Audit, including the different types of GST Audit, their applicability and the procedure one must follow during the GST Audit.

Relaxed AEO accreditation for MSMEs - Relaxations in requirements

Lekhraj sood 09 January 2021 at 09:32

In this article, an attempt is made to explain the modified requirements to enable MSMEs to avail the benefits of Authorized Economic Operator ( AEO) scheme.

Process for Aadhaar Authentication or EKYC for Existing Taxpayer

Rohit Kumar Singh 08 January 2021 at 18:06

GSTN has issued an advisory on 6th Jan 21 for existing taxpayers to complete Aadhaar Authentication or e-KYC. In this article, we discuss the update released on the GST Portal, regarding the same.

Quarterly Return Monthly Payment under GST

CA Santhosh Gupta Kethepalli 08 January 2021 at 17:39

In this article, we discuss about the Applicability, Features, Registration Procedure, and Return Filing Procedure etc. of the Quarterly Return and Monthly Payment Scheme.

Seizure of undisclosed jewellery and its assessment thereupon- Legal Treatise

CA.Mohit Gupta 08 January 2021 at 16:55

CBDT has clarified that no seizure should be made by the Search Party of the Jewellery and Ornaments found during the course of search proceedings under Section 132 of the IT Act,1961, where the same have been duly declared in the Wealth-tax returns.

Data analysis to review inventory

CA Amrita Chattopadhyay 08 January 2021 at 16:36

Proper inventory control enables successful cost control of operations. In this article, we discuss some of the potential risks, data analysis and exception tests that an organisation can implement, for effective inventory management.

Validity of e-way bill narrowed by increasing distance from 100 km. to 200 km. per day

Bimal Jain 08 January 2021 at 09:38

The validity of e-way bill under Rule 138(10) of the CGST Rules has been amended, according to which the e-way bill will now be valid for 1 day for every 200 km of travel, as against 100 km earlier.

Section 194 | TDS on Payment of Dividend

CA.R.S.KALRA 08 January 2021 at 09:37

In this article, we discuss all about Section 194 of the Income Tax Act 1961, which deals with TDS on Payment of Dividend, including its threshold limit, rate of TDS and a tabular summary of the entire section.

Intangible Assets - AS-26

CA Sapna Ghelani 08 January 2021 at 09:37

In this article, we understand all about AS-26 which deals with Intangible Assets including its meaning, applicability, exclusions, initial measurement and difference between AS-26 and AS-38.