Articles by CA Sanya Kapoor

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Going Concern | Key Considerations for Auditor amid COVID-19

  CA Sanya Kapoor    20 August 2020 at 17:24

The International Accounting and Auditing Standards Board (IAASB) and The Institute of Chartered Accountants of India (ICAI) have issued guidance ongoing concern assessment amid COVID-19 for companies and considerations for an auditor while evaluating the management's assessment.



Taxability of legal service under GST

  CA Sanya Kapoor    09 June 2020 at 09:56

RCM is applicable to legal services provided to Business Entity. In case services are provided outside India, then RCM is not applicable as the Business Entity is located outside the taxable territory.



How prices of gold fluctuate?

  CA Sanya Kapoor    08 June 2020 at 10:07

India is one of the largest consumers of gold. The price of gold keeps fluctuating from time to time and it is dependent on multiple factors along with the demand and supply.



Income Tax Slab Rates for FY 2020-21

  CA Sanya Kapoor    06 June 2020 at 09:44

Concessional Income Tax Slab Rates for FY 2020-21 was notified by the FM in her Budget Speech. The new concessional tax rates can be availed without claiming certain deductions and exemptions.



HRA: All about house rent allowance

  CA Sanya Kapoor    05 June 2020 at 10:24

HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.