CAclubindia Articles

Implementation of E-Invoice for Turnover over Rs 50 Crores

Rohit Kumar Singh 10 March 2021 at 09:46

CBIC has issued Notification No 05/2021 - Central Tax dated 8th March 2021 for the implementation of e-invoicing for the taxpayers having aggregate turnover exceeding Rs. 50 Cr from 1st April 2021.

Latest Updates on E-Invoicing

CA Dolly Sharma 09 March 2021 at 17:44

The CBIC has notified that e-invoicing will be applicable from 1st April 2021 for businesses with a turnover of more than Rs.50 crores (in any financial year from FY 2017-18 onwards).

Key Updates in Companies Act, 2013 in 2021 till date

Gunjan Sachdev 09 March 2021 at 10:15

Discussing the key updates issued by the government under the Companies Act 2013, including updates w.r.t Annual Returns and amendments in various Rules under the Companies Act.

Selection of Core Business Activity on GSTN Portal

Rohit Kumar Singh 09 March 2021 at 10:10

Taxpayers are required to select their business activity only once, as - Manufacturer, wholesaler/Distributor/Retailer, service providers & others post login, based on the highest turnover amongst them.

Section 197A | No TDS Deduction

CA.R.S.KALRA 09 March 2021 at 10:10

Section 197A provides for any individual, not being a firm or a company, to apply for an exemption of TDS deduction on his/her income from interest on deposits with the banks in India if such income is below the taxable limit.

7 Steps for Women to be More Financially Independent

CA KANJ GOEL 09 March 2021 at 10:10

I would like to share with you what I have learnt in personal finance by following which, you may achieve financial freedom and assist your families to be much financially stronger.

Financial independence - Must for Women!

CA Sapna Ghelani 08 March 2021 at 19:27

Discussing ways that will help women who are financially dependent grow their financial independence and increase their financial security.

Komal Jain AIR-1 Topper shares her detailed CA Final Exam Preparation Strategy

komal jain 08 March 2021 at 16:01

By way of this article, Komal has detailed her overall strategy for all subjects of CA Final including various resources used and addressing all of the common queries she has received.

Fasting for Stranded Resident Indians & A Half-Baked Cookie for NRIs!!

Mayank Mohanka 08 March 2021 at 09:44

CBDT fails to recognise that the question is not of the double taxation issue but the probable adverse taxation consequences arising out of an individual's changed residential status due to his/her forced stay of more than 182 days in India, due to COVID.

Section 197 | Certificate For Deduction at Lower Rate

CA.R.S.KALRA 08 March 2021 at 09:44

Section 197 of the Income Tax Act, permits taxpayers a facility of Nil or lower tax rate deduction of TDS or exemption of TDS. The Nil or lower TDS application is valid for the period for which it is issued or until the assessing officer cancels it.