CAclubindia Articles

Acceptance of undertaking in lieu of a bond for customs clearance

DEEPAK SETH 23 April 2020 at 10:29

Section 143AA of the Customs Act, 1962' wherein relaxation was given to accept an undertaking in lieu of a bond required during customs clearance upto 30.04.2020, subject to conditions as underlined in the circular.

Time management during lockdown period

suraj pahuja 23 April 2020 at 10:29

The outbreak of COVID-19 is a very challenging time for the whole country. The best way to combat the widespread of the deadly coronavirus is to stay at home. All of us took to work from home in the past few days. Well, one thing that we all need to understand is that we should make the best of this time.

Holding of annual general meetings by companies till 30th September

DEEPAK SETH 23 April 2020 at 10:29

In the wake of pandemonium caused by spread of the COVID-19 virus, several representations have been received from stakeholders with regard to difficulty in holding annual general meetings (AGMs) for companies whose financial year ended on 31st December, 2019 due to COVID-19 has been extended to 30th September

What is Charge under companies Act, 2013?

DEEPAK SETH 23 April 2020 at 10:29

A charge is stated in Section 2 (16) of the Companies Act, 2013 . There are mainly two classes that charges on a corporation fall into that is Fixed and floating charges

Financial Planning for Dummies!

Sagar Devani 23 April 2020 at 10:29

This is the first month of the current financial year.Know how you can plan your Finances this Financial Year.

Decoding MCA Relaxation on Holding Of AGM

CS Lalit Rajput 22 April 2020 at 12:56

The MCA has given relaxation to the companies whose financial year is ending on 31st December 2020. The MCA has allowed that AGM can be held till the 30th of September 2020.

IGST refunds on exports: Extension to correct SB005 error

DEEPAK SETH 22 April 2020 at 12:48

Many Circulars had been issued by Ministries for trade facilitation and as interim measures to help trade adapt and acclimatize to changing requirements in the GST era.

How to file PMT-09 on GST Portal

Shashank kothiyal 22 April 2020 at 11:01

Form PMT-09 allows the transfer of an amount from one head to another head. PMT-09 enables a registered taxpayer to transfer any amount of tax, interest, penalty, etc. that is available in the electronic cash ledger, to the appropriate tax or cess head under IGST, CGST and SGST in the electronic cash ledger.

Amendments in relation to residential status as per Finance Act 2020

Grishma Mody 22 April 2020 at 10:48

One of the major changes in the Finance Act, 2020 ('FA, 2020') is with respect to amendments in residential status criteria, which directly impacts the Non Resident Individual (NRI) community.