CAclubindia Articles

Three Possible Reasons of Failure in CA Exams

N.Vimal Kumar Jain 07 October 2019 at 18:48

Understand why you are not able to clear your CA Exams. I have highlighted the three possible hurdles between you and your goal. Know how to fight them and achieve your goal.

No penalty can be levied if amount wrongly mentioned in E-Way bill when taxes have been paid correctly

Kusum Gandhi 07 October 2019 at 18:48

No penalty can be levied if amount wrongly mentioned in E-Way bill when taxes have been paid correctly

Conditions to opt for lower income tax rate @22% u/s 115BAA

Brijesh Pandey 05 October 2019 at 12:38

Recently the government announced a reduced rate of tax @22% (plus applicable surcharge and cess), for all corporations and firms provided they will not avail any exemption/Concessions/Tax Holidays as enjoying presently. As it is an option to the corporations and not mandate, taxpayers can continue with the existing rate of tax with availment of existing tax incentives as earlier.

The IL&FS Default

Anuj Rakheja 05 October 2019 at 12:38

I would like to share my analysis and views on one of the biggest defaults in recent times in the country, the IL&FS Default.

Clarification issued by CBIC on Refund Application

CA Shubham Kumar 05 October 2019 at 12:38

Clarifications issued by the CBIC on filing of refund application where NIL return has already been filed and favorable order received in appeal or any other forum. Following is the key point related to such circulars issued on 3rd October 2019.

Summary of recent GST Notifications pursuant to 37th GST Council Meet

Rohit Kumar Singh 05 October 2019 at 12:38

The Central Board of Indirect Taxes and Customs (CBIC) has issued notifications and Circular under GST Laws to implement the recommendation of the 37th GST Council held on 20th September, 2019.

March towards cash less economy

sivadas chettoor 05 October 2019 at 12:36

Cash has always been a facilitator of black money since transactions made in cash do not leave any audit trail. It is easy to hide the identity of the payer and receiver of cash making it difficult to trace the transaction and realise tax or other revenue legitimately due to the government.

Subject-wise Strategy for CA Final Old Course by AIR 1

Ajay Agarwal 04 October 2019 at 10:58

All India Rank 1 Ajay Agarwal brings out to you the subject wise strategy to crack the CA Final Exam.

How To Become A Chartered Accountant In India?

Satish Jalan 04 October 2019 at 10:58

Becoming a Chartered Accountant is what every student taking up commerce starts her/his journey with. Wanting to become a successful CA not just ensures a secure career in terms of earning but also brings immense societal recognition and prestige with it.

MAT Credit Clarification issued by CBDT on opting for 22% corporate tax

Vishal Jain 03 October 2019 at 17:16

The Central Board of Income taxes, vide Circular No. 29/2019 dated 2nd October 2019 have issued clarification on the usability of the Minimum Alternate Taxes (MAT), subsequent to the issue of the Taxation Laws (Amendment) Ordinance, 2019.