CAclubindia Articles

TDS Under Section 194N- Cash withdrawal

Posted by CA Robin Garg 27 July 2020 17498 Views

TDS section 194N applies to Specific entities responsible for paying a sum or aggregate of sum, in cash exceeding Rs. 1 Crore to any person during a year.

Section 194N - TDS on Cash Withdrawal

Posted by CA AMIT KUMAR SHARMA 27 July 2020 5680 Views

Section 194N is applicable in case of cash withdrawals of more than Rs 1 crore during a financial year.

A Pre-Built Home or a Plot of Land - Which One Should You Choose?

Posted by Guest 26 July 2020 2753 Views

A Pre-Built Home or a Plot of Land - Which One Should You Choose?

Section 194M - TDS on payment to resident contractors and professionals

Posted by CA Piyush Agarwal 26 July 2020 56074 Views

Reason for introduction of Section 194M This section was introduced for the purpose to cover some specified high value transactions in personal nature under TDS which was previously excluded from TDS provisions.

Overview of Appeals and Revision under GST

Posted by CA. Nirmeet Shah 26 July 2020 12718 Views

In�law, an�appeal�is the process in which cases are reviewed, where parties request a formal change to an official decision. Appeals function both as a process for error correction as well as a process of clarifying and interpreting law.

A study of Section 68 of the Income Tax Act, 1961 w.r.t Penny Stocks

Posted by Member (Account Deleted) 25 July 2020 11949 Views

Advocate Arjun Gupta has discussed the taxability of penny profits in light of the recent changes to Section 68 of the Income Tax Act and the decisions of various courts. He also argued that the law places an unfair burden on taxpayers and is not workable.

Directors Report under the Companies Act, 2013

Posted by P.R. Sethuraman 25 July 2020 12082 Views

(With specific reference to� Subsidiary� Associate� Joint venture companies, including in the consolidated financial statement)Introduction:Unde

Clubbing of income under provisions of Income tax act, 1961

Posted by FCS Deepak Pratap Singh 25 July 2020 5017 Views

Clubbing of income, means addition of income of other in the gross total income of a person, while computing his/her taxable income. Generally, it is applicable in family. Income of a spouse, child may be clubbed with income of major earner of the family.

Problems faced by students of Financial Accounting

Posted by Bhupendra Singh 25 July 2020 11801 Views

As an accounting student, it is not easy. You have to be really good at maths and it all not over here. If you want to make your career in the field of accounting then you have to love your job. The pay packet in the job of accounting is profitable but you have to do a job in just sitting in one desk and doing the necessary calculation.