CAclubindia Articles


Role of professionals in nation building

  CMA Mrudula M    14 January 2021 at 10:33

In this article, we discuss the roles and responsibilities of professionals in the building of a nation and how they can work in an ethical, industrious, skilful, competitive and cultural environment.



US CPA Exam results announced! Simandhar education kicks off 2021 with Fabulous results

  Aruhi    14 January 2021 at 10:29

Simandhar education has managed to achieve industry leading results. Approx. 90% of students has fully passed CPA exam and 95% of students has passed individual sections of US CPA. The top scorers from Simandhar includes Akshay Jaiswal, Nitin, Bhuvneshwari, Sweta Jaiswal, highest scores achieved by Simandhar Education are 98 in FAR, 95 in BEC, 93 in REG and 92 in Audit.



Rule 36(4) amended to reduce ITC entitlement for invoices not furnished by supplier from 10% to 5%

  Bimal Jain    14 January 2021 at 10:28

CBIC, vide Notification No. 94/2020-Central Tax, dated December 22, 2020, has issued CGST (Fourteenth Amendment) Rules, 2020, inter alia, amending Rule 36(4) of the CGST Rules, 2017 w.e.f. January 1, 2021



A roadmap to expanding your CA firm to a new branch or location

  Suhasinipro badge    13 January 2021 at 10:32

Here are some things one must do as a CA firm owner when planning to expand to a new location.



Section 194C | TDS on Payment to Contractor

  CA.R.S.KALRA    13 January 2021 at 09:54

Discussing all about Section 194C of the Income Tax Act, which deals with TDS on Payment to Contractor including its meaning, eligibility, TDS Rate, Non-Applicability and Important Case Laws.



What is Integrity?

  CMA Mrudula M    13 January 2021 at 09:54

In this article, we understand the detailed meaning of Integrity and how we come across some specific scenarios where we have to consciously make our choices when our level of integrity could be questioned.



Section 194BB | TDS on Winning from Horse Races

  CA.R.S.KALRA    12 January 2021 at 10:00

Any person, who is responsible for paying to any person any income by way of winnings from any horse race an amount exceeding Rs. 10,000 (Rs. 5,000 up to 31.5.2016) shall deduct TDS @ 30%.



How to Calculate Gratuity?

  M Venkat    12 January 2021 at 10:00

In this article, we understand all about Gratuity, including its meaning, taxability, eligibility, and its calculation for Employees covered under the Payments of Gratuity Act, 1972 and those not covered under the act.



Shock Causing Notices (SCNs) of Service tax by GST department

  CA Umesh Sharma    12 January 2021 at 10:00

The Central GST department has been issuing Show Cause Notices for differences in receipts as per Service tax returns & ITRs for FY’s 14-15, 15-16 and so on. This is a critical topic to discuss.



Restricting use of ITC amount for discharging output tax liability in GST

  Bimal Jain    12 January 2021 at 09:53

The CBIC vide Notification No. 94/2020-Central Tax, dated December 22, 2020, has introduced a new Rule 86B in the Central Goods and Services Rules, 2017 ("CGST Rules"). Let us understand the same.




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