CAclubindia Articles

CA Exams: 10 most common questions answered by AIR-1s

CCI Team 20 April 2020 at 10:35

Answers to the ten most common questions related to Chartered Accountancy by 3 AIR-1s. Know how to prepare for CA Exams.

Condition for claiming refund of unutilised Input Tax Credit(ITC)

Member (Account Deleted) 20 April 2020 at 10:35

The refund of accumulated ITC shall be restricted to the ITC as per those invoices, the details of which are uploaded by the supplier in FORM GSTR-1 and are reflected in the FORM GSTR-2A of the applicant.

How we can help to maintain the liquidity in banking system

Rohit Chandak 20 April 2020 at 10:35

The wheel of the economy has halted due to lockdown, therefore, there is no additional money that will flow in the economy, it will just change the hand. The baking system is also suffering. Here is how we can help maintain liquidity.

Appeals under GST| How to avoid appeals?

P.Jagadeeswaran 20 April 2020 at 10:35

Facts about Appeals and Revisions under GST Act and ways to interpret different section of the act along with facts of your case to get the due justice at low cost and efforts

Implications on ITC on account of non payment to supplier within 180 days

nikhil anand 20 April 2020 at 10:35

Amount towards the value of supply along with tax payable thereon is not paid to the supplier within 180 days from the date of issue of invoice, an amount equivalent to input tax credit availed shall be reversed in the manner prescribed under Rule 37 of the CGST Rules.

Why Investing Is Important

Vipin Sanger 20 April 2020 at 10:35

Investing has become increasingly important over the years, because the way forward for Social Security benefits becomes unknown.

8 Simple Ways To Save Money

Vipin Sanger 20 April 2020 at 10:35

Saving money is an art that not everyone knows. Here are 8 simple ways to save your money.

Changes to Residential Status of Individuals as per Finance Act, 2020

Akshat Goyal 20 April 2020 at 10:34

Citizen or person of Indian origin(PIO) who, being outside India, comes on a visit to India and has total income, other than the income from foreign sources, exceeding 15 lakh rupees during the previous year, the second condition of residence would apply with 120 days instead of 182 days.

How to incorporate a company through SPICE+?

Simran Saria 20 April 2020 at 10:34

THE MCA recently notified the SPICE+ forms, SPICE+ is a web-based form. You can incorporate a company using SPICE+ web form by logging in to the Spice+ dashboard at www.mca.gov.in

Transfer of under construction project do not attract GST: AAR

CA CMA Piyush Taurani 20 April 2020 at 10:34

The AAR ruled that the hat the transfer of under-construction projects under the 'Business Transfer Project' is exempted under Goods Service Tax (GST).