Articles by Neethi V. Kannanth

Procedure for obtaining Refund under GST

Neethi V. Kannanth 24 June 2022 at 08:53

The refunds under GST can arise in the following circumstances- The cash balance in the electronic cash ledger deposited in excess or Tax paid by mistake or The..

All About National Saving Certificate

Neethi V. Kannanth 21 June 2022 at 09:07

The National Savings Certificate (NSC) is a fixed income investment scheme that you can open with any post office branch.

All about clubbing of income

Neethi V. Kannanth 16 June 2022 at 08:58

Clubbing of income means adding or including the income of another person (mostly family members) to one's own income. This is allowed under Section 64 of the IT Act.

RIP CA Preethu Jayaprakash

Neethi V. Kannanth 08 June 2022 at 12:05

CA Preethu Jayaprakash journey has been nothing short of an adventure. Born on 30 April, 1994 in Kuttanadu to Jayaprakash and Radhamani, had been confined to a wheelchair from the time she could remember. She had been suffering from Spinal Muscular Atrophy(SMA) since she was 6 months old.

Reporting of Special Financial Transaction (SFT)

Neethi V. Kannanth 02 June 2022 at 09:04

SFT is a report of specified financial transactions by specified persons including prescribed reporting financial institutions.

Interest levied under Income Tax Act

Neethi V. Kannanth 01 June 2022 at 08:59

Interest is levied under Income Tax Act, 1961 under section 234A, 234B and 234C. Let us discuss them in detail.

A Brief about Arbitration and Conciliation

Neethi V. Kannanth 31 May 2022 at 14:28

Arbitration and conciliation are two methods of dispute resolution.

Amendments in Schedule III of Companies Act 2013 - Part 2

Neethi V. Kannanth 30 May 2022 at 16:47

In continuation of the previous part on Amendments in Schedule III let us discuss the remaining changes

Amendments in Schedule III of Companies Act 2013 - Part 1

Neethi V. Kannanth 28 May 2022 at 08:57

Several changes have been brought into Schedule III to the Companies Act, 2013. This article deals with the changes brought into Schedule III applicable to the companies whose financial statements are prepared in accordance with the Companies(Accounting Standards) Rules,2006.

Taxation of Carbon Credit u/s 115BBG

Neethi V. Kannanth 27 May 2022 at 08:54

A carbon credit is a permit that allows the holding company to release a certain amount of carbon dioxide or other greenhouse gases. One load requires a mass equal to one ton of carbon dioxide to be released.