CAclubindia Articles

MSME: Investment and Turnover Calculation Criteria

DEEPAK SETH 27 June 2020 at 15:38

The new Investment and Turnover Calculation Criteria has been notified by the ministry of MSME

FDI In NBFC Sector in India

Shweta 27 June 2020 at 10:32

A Non-Banking Financial Company or commonly called NBFC is a company that is registered under the Companies Act and is engaged in wide-ranging financial services.

RCM: Time Of Supply With Practical Points

Sandeep Rawat 27 June 2020 at 10:32

Reverse charge means the liability to pay tax is on the recipient of supply of goods or services instead of the supplier of such goods or services in respect of notified categories of supply.

Requirement Actuarial Valuation for Accounting of Gratuity Benefits in IndAS 19 & AS 15 ?

Tikaram Chaudhary 27 June 2020 at 10:32

Why of Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of IndAS19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies ?

A Case for Cancellation of CA Exams, July 2020

Malay. 27 June 2020 at 10:32

The CA exams of July 2020 are turning to be extremely dramatic and nerve wrecking. Initially the ICAI had given only 3 days to decide whether to opt out or not but then at midnight of third day, it extended such time by 7 days and then again by 3 days on 26th June.

Furnishing of information regarding remittance to non-resident

FCS Deepak Pratap Singh 27 June 2020 at 10:32

A person making payment to a Non-Resident /Foreign entity is required to furnish an undertaking in Form 15CA in digital mode. In some cases, department requires a Certificate From CA, in Form 15CB to be uploaded with the Form 15CA.

Compliance Chart showing Due Date of GSTR 3B and GSTR 1

CA Arun Chhajer 27 June 2020 at 10:32

Due to multiple notifications issued for providing the relaxation in the Interest / Late fees / Due date / Conditional date in filing of GST Returns. Recent Notification has removed certain condition which is attached earlier especially with Interest Rate.

MSME investment and turnover calculation criteria - Notified

CS Lalit Rajput 27 June 2020 at 10:07

A composite criterion of investment and turnover shall apply for classification of an enterprise as micro, small or medium.

Input Tax Availability on Transportation of employees

Pradeep Jain 26 June 2020 at 17:57

The issue regarding allowing of availability of input tax credit relating to the facilities provided to the employees by the companies has been a point of dispute between the taxpayers and department since inception of GST regime. AAR has always given a regressive ruling i.e. not in favour of taxpayers

ITR-2 for FY 2019-2020- Key Additions

CA (CS) Ujjwal Jindal 26 June 2020 at 14:26

Recently, the government (CBDT) notified the Income Tax Return Forms (ITR) for the financial year 2019-20 (A/Y 2020-21).Today i.e. on the 26th of June, 2020, th..