CAclubindia Articles

GST Audits: Checks for supply to exporters at concessional rates @0.1%

CA. Heet Shah 15 March 2021 at 09:55

Discussing conditions that need to be satisfied in case one is supplying to a merchant wherein export is in excess of @0.1% (IGST) or 0.5% (CGST & SGST each).

Section 8 Company as per Companies Act 2013

CS Karan B. Khattri 15 March 2021 at 09:55

A Section 8 company is almost identical to a Society or a Trust. The company registered under this section shall enjoy all the privileges and be subject to all the obligations of limited companies.

Section 200A | Processing of statements of TDS

CA.R.S.KALRA 15 March 2021 at 09:54

Discussing Section 200A of the Income Tax Act which lays down the provision for Processing of Statements of TDS and rules on how such a statement is processed. ..

E-Form MGT-7A

Tanu 13 March 2021 at 16:50

As per the amendment, One Person Company and Small Company shall file their Annual Return from the FY 2020-21 onwards in e-Form MGT-7A and all the other Companies shall continue to file their Annual Return in e-Form MGT-7.

Solution to the Dilemma faced by the Recipient of Deemed exports for claiming refund !!!

CA. Heet Shah 13 March 2021 at 14:44

Discussing whether, as per Rule 89(1) of CGST Rules, 2017, the recipient of deemed supply applying for refund has to claim ITC or not, in order to claim a refund?

Is success an individual effort? Our unsung heroes

CA Anurag Sharma 13 March 2021 at 14:44

Acknowledge the people who held your hand when you needed someone to hold on to you. Yes, it requires your endless hardwork and efforts, but that hardwork and efforts will be of no value without the support of our unsung heroes.

Role Of Audit Committee In Internal Financial Control

CA Amrita Chattopadhyay 13 March 2021 at 12:15

Let us review the role of an audit committee and the applicability of the audit committee as per the Companies Act, 2013 to understand its importance in Corporate Governance & role in Internal Financial Control.

Section 54D - Exemption from Capital Gain on Compulsory Acquisition of Land or Building forming part of Industrial Undertaking

Neethi V. Kannanth 13 March 2021 at 09:59

To encourage the assessee to carry the business undertaking, exemption under section 54D of the Income Tax Act, 1961 is provided. Let us understand in detail about section 54D.

Uber India not liable to deduct TDS for payments made to the drivers, says ITAT

CA Sapna Ghelani 13 March 2021 at 09:59

The ITAT allowed the appeal of the assessee and held that UISPL should not be treated as a person responsible for paying for the purpose of Section 194C and therefore the provisions of section 194C cannot be made applicable thereon.

Section 203 | TDS Certificate

CA.R.S.KALRA 13 March 2021 at 09:59

Every person deducting tax at source is required as per Section 203 to furnish a certificate to the payee to the effect that tax has been deducted along with certain other particulars.