CAclubindia Articles

File ITR and GST return due date extended

CA Vivek chaudhary 25 March 2020 at 10:28

The due date to file Income Tax Return for FY 18-19 has been extended to the 30th June 2020 and the due date to file GSTR-3B due in the month of March, April, and May has also been extended to the 30th June 2020. The due date for filing GST Annual Return for the FY 18-19 has also been extended to the 30th June 2020

Meaning of Relative as per Income Tax Act 1961

Aishna Kukreja 25 March 2020 at 10:19

Meaning of Relative as per Income Tax Act 1961. Section 2(41)of the Income Tax Act 1961 defines the meaning of relative. The meaning of relative is further explained in Section 56(2)(vii).

Checklist for issue of Sweat Equity Shares under Companies Act, 2013

CS Deepak Singhal 24 March 2020 at 10:38

Checklist for issue of Sweat Equity Shares under Companies Act, 2013. A brief on the procedure on how to start with the issue of Sweat Equity and the points to keep in mind before issuing the same.

Form INC-20A: Consequences of delay in filing

CA Sarath R Krishnan 24 March 2020 at 10:38

Consequences of delay in filing Form INC-20A/ Non complying with provisions of Section 10A of Companies Act, 2013 and Forms to be filed for MCA Appeal

Section 115BAB: An Analysis

Mikdad Merchant 24 March 2020 at 10:38

Income Tax Amendment Ordinance 2019 had inserted a new section 115BAB in the Income Tax Act 1961 to provide for the concessional rate of tax for new manufacturing companies. This article is guidance for anyone looking to take benefit of the new section and are in the process of setting up a new manufacturing unit.

How to prepare for CA finals May 2020 Exams?

Taxolawgy 24 March 2020 at 10:38

CA finals May 2020 exams are approaching near. Here is how you can prepare for your CA Final May 2020 Exams.

MCA Guidelines to File the MCA E-form COVID-19 : CAR-2020 & Key Features

CS Lalit Rajput 23 March 2020 at 15:03

Here is how you can file CAR (Companies Affirmation of Readiness towards COVID-19)to confirm Companies readiness to deal with COVID-19.

COVID-19: What is the impact of COVID-19 on financial statements?

Saket Modi 23 March 2020 at 11:44

With the impact of COVID-19 the world has turned upside down in the last few weeks. No sector has been untouched by the adverse impact of COVID-19. This article summarises the impact of COVID-19 on the financial statements of a company.

Can statutory auditor be appointed as an internal auditor after rotation?

P.R. Sethuraman 23 March 2020 at 11:43

Can a Statutory Auditor be appointed as an internal auditor after he ceases to be an auditor after retirement on rotation-Refer Section144 of the Companies Act 2013?