CAclubindia Articles

No GST Applicable: Transactions Exempt Under Schedule III of CGST Act

CA Shiwali Dagar 18 April 2025 at 08:26

Discover the transactions classified under Schedule III of the CGST Act that are treated neither as supply of goods nor services, including employee services, constitutional duties, funeral services, land sales, and more.

Why have companies been becoming Defaulting Companies?

Kotte Murali Krishna 18 April 2025 at 08:21

Cases of some of the defaulted companies60 Listed companies disclosed debt default of Rs 75,000 Cr49 Listed companies disclosed debt default of Rs 69,140 Cr8 Li..

Case Law: Whether Non-Filing of 3 year Annual Form Automatically Disqualifies a Director u/s 164

CS Divesh Goyal 17 April 2025 at 09:33

This judgment reinforces the automatic nature of director disqualification due to non-compliance and highlights the legal principles governing the disqualification process.

How to File OPC Annual Return Online?

Ishita Ramani 17 April 2025 at 08:23

This article will guide you on how to file the OPC Annual Return Online and its requirements.

GST Glossary: Meaning of Business, Supply, Deemed Supply and Composite Supply

CA Shiwali Dagar 17 April 2025 at 08:19

(A) Any trade, commerce, manufacture, profession, vocation, adventure, wager, or any other similar activity, whether or not it is for a pecuniary benefit.

Convergence - Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India - Part 1

Nitin Bhuta 16 April 2025 at 10:45

In this article, the author has attempted to explore complementary or completely opposing perspectives by examining aspects such as revenue recognition of revenues and expenditures, inventories, capital expenditures (Capex), and related party transactions.

Process of Transfer of Shares of Private Company In Demat Form

CS Divesh Goyal 16 April 2025 at 09:03

The author will cover the "Process and provisions of transfer of shares of Private Limited Company in Demat form instead of Physical shares" in this column.

Sky is the Limit: A CA Finalist's Journey from Indore to Times Square

Ishwin Kaur 16 April 2025 at 08:29

Shakti: Sky is the Limit celebrates the rise of female Chartered Accountants in India, highlighting their powerful contributions to the economy and society. From just 8% in 2000 to 48% today, women like Ishwin Kaur are redefining success with passion, purpose, and the divine strength of Shakti.

High Court Ruling on NBFC's Net Owned Fund Requirement: A Precedent for Regulatory Clarity

Affluence Advisory 16 April 2025 at 08:29

The recent High Court ruling on the Net Owned Fund (NOF) requirement for Non-Banking Financial Companies (NBFCs) has provided much-needed clarity on the regulat..

Taxable Event of GST

CA Shiwali Dagar 15 April 2025 at 07:23

"Taxable event" is that on happening of which the charge is fixed. It is that event which, on its occurrence, creates or attracts the liability of tax.