CAclubindia Articles

Benefits under the Income Tax Act for creation of employment

Ajay Kumar Maggidi 19 October 2020 at 15:05

A taxpayer is eligible for deduction up to 30% of Additional Employee Cost for three consecutive assessment years, starting from the relevant previous year in which a new employee was employed.

MSME Ministry introduces Artificial Intelligence (AI) and Machine Learning (ML)

CS Lalit Rajput 19 October 2020 at 12:07

MSME has implemented AI & ML on its robust Single Window System 'Champions' which was launched by the PM on 1.6.20. This system has physical control rooms at 69 locations in the country.

CBIC notifies due dates for GSTR 1 and GSTR 3B from Oct 2020 till March 2021

Lekhraj sood 19 October 2020 at 08:46

Consequent to the recommendations made by the GST Council in its 42nd meeting held on 5.10.2020, the govt. has issued a number of notifications giving effect to the recommendations.

Interpretation of Statutes with the Companies Act, 2013

CS Shivam Singhal 16 October 2020 at 16:19

As a professional, we should have sound skills of interpretation of statutes. In this article, we will discuss the interpretation of statutes with the provisions of the Companies Act, 2013.

Is the COVID-19 period, a right time to buy your dream house?

CS Shivam Singhal 16 October 2020 at 16:19

The GoI and RBI have come out with various options for homebuyers, in order to boost the Real Estate and Banking Sector. However, is the COVID-19 period, a right time to buy a house? Let us discuss.

Big confusion in Dates of AGM and CFSS Scheme

CS Shivam Singhal 16 October 2020 at 16:19

Some dates relating to AGM and CFSS Scheme are highly debatable and there exists a big confusion in the extended dates. Let us discuss those.

Due date for filing of Tax Audit Report & ITR for AY 2020-21 - To extend or not to extend?

Aishna Kukreja 16 October 2020 at 09:52

The cases of COVID-19 are increasing every day. Amidst this, should the government extend the due date for the filing of the Tax Audit Report and ITR for AY 2020-21?

5 Things to Consider Before Investing in a Financial Consolidation Software

Karthik Ganeshan 16 October 2020 at 09:51

Before you dive into avail the perks of a financial consolidation software, it is crucial to know what to expect from the software. Let us understand those expectations.

Registration Procedure under the Shram Suvidha Portal

Aishna Kukreja 15 October 2020 at 10:13

In order to ease the complexities of the existing labor laws in India, the Ministry of Labour and Employment announced a one-stop-shop for all labor law compliance activities in the year 2014.

Rule of Origin and CAROTAR 2020 Rules

Megha Sharma 15 October 2020 at 10:13

The CAROTAR 2020 Rules have come into force from 21.09.20. These will help the importer ascertain the country of origin, properly claim the concessional duty and assist customs authorities.