CAclubindia Articles

Section 115BAC of Income Tax Act at a Glance

Sudiesh 19 June 2020 at 12:50

There is a new section called 115BAC intserted in Income Tax, 1961. This is going to effect from AY 2021-22. An assessee can opt old system or new as he wish. When an assesse opting for New he will lose some exemptions/deductions/carry forwad loss etc

COVID-19: Employer & Employees Should Settle wages dispute by themselves

CA Pradeep Kumar Rajput 19 June 2020 at 10:15

The obligation cast on the employer to make payment of wages of their workers at their workplace, without any reduction, for the period their establishments are under closure during the lockdown is no longer in operation.

Amendment to Section 161(4) of the Companies Act, 2013 need to be reviewed

Ramaswami Kalidas 19 June 2020 at 10:15

Amendment to Section 161(4) of the Companies Act, 2013 relating to appointment of director to fill up a casual vacancy needs a review

No Permanent Establishment Declaration from the non-resident payee under DTAA

Prashant Shah 19 June 2020 at 10:15

No Permanent Establishment Declaration from the non-resident payee under DTAA

Place of supply in case of transportation of passenger

Jasmeen Marwah 18 June 2020 at 15:56

Place of supply in case of transportation of passenger

Whether GST composition rate of 1% on turnover of goods and 6% on services applicable simultaneously?

Pradeep Jain 18 June 2020 at 11:00

GST update on whether composition rate of 1% on turnover of goods and 6% on services applicable simultaneously? 65/2020-21

Income Tax old vs New Tax Regime Automated Excel Calculator

CA Dhaval Karia 18 June 2020 at 11:00

The Union Budget 2020 introduced a new personal tax regime for individual taxpayers. However, the option for such concessional tax regime requires the taxpayer ..