CAclubindia Articles

GST Charcha on Union Budget 2021: Interest leviable only on Net Tax Liability

Bimal Jain 18 February 2021 at 09:56

This GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 103 of the Finance Bill, 2021 to provide certainty as to leviability of interest only on Net Tax Liability.

GST Charcha on Union Budget 2021: GST Audit by professionals scrapped?

Bimal Jain 18 February 2021 at 09:56

This GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 101, 102 and 112 of the Finance Bill, 2021 with respect to scrapping GST Audit by professionals and moving to self-certification.

TDS Rate Chart: What are the applicable TDS rates for FY 2021-22?

CA Sapna Ghelani 18 February 2021 at 09:54

The TDS rate Chart for FY 2021-22 and AY 2022-23. The TDS rate chart has been updated with all the latest amendments as per the Finance Act 2021.

Section 234C | Attraction of Interest on Non-Payment of Taxes

Pushkar 18 February 2021 at 09:54

Section 234C provides for levy of interest for default in payment of instalment(s) of advance tax. Interest under section 234C is levied, if the advance tax paid in any instalment(s) is less than the required amount.

Invoice Furnishing Facility (IFF) under QRMP scheme of GST

CA POOJA KHATRI 18 February 2021 at 09:53

Under IFF, taxpayers may furnish their B2B (only) invoices for the FIRST and SECOND month of the quarter so that the ITC can be passed on to the recipients.

NIC-GePP Tool | GST e-Invoice Preparing and Printing (GePP) Tool

Suhasini 17 February 2021 at 19:32

Presently, the tool is available in e-invoice trial portal under (https://einvoice1-trial.nic.in) Help -* Tools -* Bulk Generation Tools. Here, One can get the tool, video and user manual as well.

Doctors and Auditors as Professionals

P.R. Sethuraman 17 February 2021 at 18:25

Let us discuss which profession among Chartered Accountant and Doctor is more ambitious because both of them are the same level of profession and rendering similar task, both engaged in treatment and making a person healthy.

14 Reasons Why your GST registration may be suspended

Lekhraj sood 17 February 2021 at 17:41

The article lists 14 Reasons why your GST registration may be suspended, as per the latest notifications and circulars issued by CBIC.

Is it all worth it?

CMA Mrudula M 17 February 2021 at 15:57

Have more than 1 option for the pathway you choose to take up, to achieve that goal (Eg. It can either be CA or CMA or CS; It can be MBA from abroad or IIMs; It can be an Indian professional qualification or foreign).

GST | Charitable and Religious Trust

Ranvir Sinh ParMar 17 February 2021 at 14:36

Specified services supplied by charitable and religious trusts are exempt from GST. Discussing those exempt services and their conditions for such an exemption.