CAclubindia Articles

Conquer the January 2021 CA Exam

CA CMA CS Ram Pavan Kumar Melam 21 December 2020 at 09:57

Do you think you are ordinary? Yes, you are right; you are ordinary. Do you think you are phenomenal? Yes, you are right here, too; you are phenomenal. You become what you think about.

QRMP Scheme - A beneficial scheme for small and middle-level businesses and traders

Deepti Asawa 21 December 2020 at 09:57

This new Scheme will be effective from 01.01.2021. Further, in case the aggregate turnover exceeds 5 crore rupees during any quarter in the current financial year, the registered person shall not be eligible for the Scheme from the next quarter.

Amendment to Sec 194J w.e.f 01.04.20 - The 2% and 10% Conundrum

CA. Ankit Chandrakar 21 December 2020 at 09:56

In this article, we will understand the amendment in Section 194J w.e.f 1st April 2020 - Interpretation of "Fees for Technical Services" (FTS) and "Fees for Professional Services" (FPS)

Is articleship so important for CA students?

CMA Mrudula M 21 December 2020 at 09:56

In this article, we are going to understand more about articleship, whether you should take it seriously or not, and if you do, then how to make the best use of it and how to choose the right firm for you.

Auto Population of details in Form GSTR 3B from Form GSTR 1 and GSTR 2B

Rohit Kumar Singh 21 December 2020 at 09:56

A thorough reconciliation is required on a periodical basis (monthly or fortnightly) for eliminating any eligible credit being left out of a claim of excess ITC.

Comparison of GSTR-3B vs GSTR-1

shahyar husain 18 December 2020 at 14:42

It is very necessary to understand the difference between GSTR-3B and GSTR-1 for every tax payer to avoid any demand notice from the tax authorities or any othe..

Dematerialized Rights Entitlements

dhilip n kumar 18 December 2020 at 09:54

In this article, I have tried to give a brief light on Dematerialized Rights Entitlements and its practical applicability for listed entities and investors. I have not detailed much about the Right issue process.

Important Judicial Pronouncements on Presumptive Taxation

CA.R.S.KALRA 17 December 2020 at 15:09

In this article, we discuss all the Important Judicial Pronouncements on Presumptive Taxation under the Income Tax Act 1961.

Residential Status under the Income Tax Act

Venkat Raj 17 December 2020 at 10:06

Residential status is a vitally critical component under Income tax. It varies for various classes of assessees. The concept of residential status lies under Income tax and FEMA.

TDS & Advance Tax

CA.R.S.KALRA 17 December 2020 at 10:06

The persons having a turnover of more than Rs. 1 crore but less than Rs. 2 crores and declaring income u/s 44AD would be required to deduct TDS. Furthermore, the eligible assessee is now required to pay advance tax by 15th March of the financial year.