CAclubindia Articles

How to activate DIN of Disqualified Directors

CS MOHIT SALUJA 03 September 2019 at 11:07

In the year 2017, Ministry of Corporate Affairs by taking the ambit of Section 248 which talks about 'Power of Registrar to remove name of company from register of companies' struck off more than 2 lakh companies which were not filing its returns for the last many years and the Government was of the view that such companies were not carrying on their business for more than 2 years.

Corporate Compliance Calendar for the month of September 2019

CS Lalit Rajput 02 September 2019 at 17:19

This article contains various Compliance requirements under Statutory Laws. Compliance means "adhering to rules and regulations."

Do what you love, Love what you Do - A Myth!!

CS Aarti Jain 02 September 2019 at 17:19

Be Brave, explore new things, new areas, figure out what makes you happy and go do it boss. Life is waiting for you with opened arms just go and hug it tightly...

Sabka Vishwas (Legacy Dispute Resolution) Scheme - An endeavour to get rid of legacy Indirect Tax disputes

Puneet Bansal 02 September 2019 at 17:18

The webinar will be a 2-hour interactive session on September 21, 2019, covering extensive discussion on the scheme including a dedicated Q&A session at the end.

When you Flow, Time stops

CA Saurav Somani 02 September 2019 at 15:59

I stumbled upon these lines as I flipped through the pages of a Japanese book named, 'Ikigai'. Intrigued, I bought it and devoured the book in one shot, for it was riveting and brimful of insights we rarely come across.

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 : A Miscarriage Before The Baby Is Born

MONISH BHALLA 02 September 2019 at 13:24

The Intention of the government is crystal clear: There is a need to unload the legacy litigation baggage and allow business to m..

Taxation of hypothetical Income

Dilip K Raina 02 September 2019 at 10:59

In simple words Income tax is levied on income which has been received or has accrued. Income is said to be accrued when it becomes due, but it must also be accompanied by corresponding liability of the other party to pay the amount. Only then an income will be said to have accrued and is not a hypothetical income.

Documentation under GST audit

CA Subba Reddy Bonam 02 September 2019 at 10:59

Audit documentation is the written record (including electronic record) prepared during the course of audit which forms foundation for auditor's in preserving the various observations identified during the audit, acts as a proof of performance of audit and safeguard the auditor at the time of dispute.

Interest/late fees for services of pre-GST era, received after 1st July 2017, are liable to GST

Bimal Jain 31 August 2019 at 16:56

The AAR, Tamil Nadu in the case of M/s Chennai Port Trust has held that the amounts received on or after July 1, 2017 towards interest, late fees, penalty relating to services of lease/rent, due to delayed payment of consideration for those services rendered by Applicant before July 1, 2017, are liable to GST.