CAclubindia Articles

All About Reverse Charge Mechanism under GST

CA. Ankit Chandrakar 01 February 2021 at 09:32

As per Section 2(98) of the Act,"reverse charge" means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services

Union Budget 2021 | Will there be an additional Covid Cess or not?

Prachi Bansal 31 January 2021 at 20:06

Article 270 of the Constitution of India states that the Parliament can levy cess for a specific purpose under a law made by it. The Central cess collections will therefore not be shared or allotted to any states under revenue devolution.

Union Budget 2021 | Know your Budget

M Venkat 31 January 2021 at 20:06

The Union Budget is an annual financial statement which encapsulates the estimated earnings from revenues and estimated expenditures of the government during a particular fiscal year.

Union Budget 2021 | Expectation by the Tourism Sector

Indira Priyadarsini Kota 31 January 2021 at 20:06

The tourism sector hopes for revival and recovery strategies from the union budget 2021.

Union Budget 2021 | Expectations by the Healthcare Sector

Neethi V. Kannanth 31 January 2021 at 20:05

With the pandemic Covid-19 taking over the world and increasing awareness about the importance of healthcare, it wouldn’t be a surprise if there is an increase in the allocation of budget for healthcare.

Union Budget 2021 | Top 5 Expectations by Individuals

CA Sapna Ghelani 31 January 2021 at 20:05

The 5 most important points which can be expected by INDIVIDUALS in this budget has been analyzed in this article

Power of arrest under GST

CA Shubham Gupta 31 January 2021 at 20:05

The Commissioner is vested with the power to authorize, by an order, any Officer of the central tax to arrest a person, where he has reasons to believe that such person has committed the offences

Cancellation of Registration under GST

Prachi Bansal 30 January 2021 at 11:39

The registration done with the GST Council can be cancelled by the department itself or it can also be cancelled by the individual having their own reasons.

Enabling ITR Rectification on the portal for the AY 2020-21

CA Sapna Ghelani 30 January 2021 at 11:39

A rectification request under section 154(1) of the Income Tax Act,1961 is allowed by the Income Tax Department for correcting mistakes when there is a mistake in your Income Tax Return.Rectification can be filled if any error of fact or an arithmetic mistake is made.

CA Final Result January 2026 - Pass Percentage, Toppers and Marksheet

CCI Team 30 January 2021 at 10:18

The Institute of Chartered Accountants of India (ICAI) has officially declared the much-awaited results for the CA Final January exams today, i.e. 1st March 2026.