CAclubindia Articles

Can a company make a bonus issue of preference shares?

Affluence Advisory 11 September 2024 at 08:45

Bonus shares are a source of earnings for shareholders and for company it is returning profit to shareholders.

Recession is Coming: A Financial Tsunami in the US; Citi Raises Concerns

Sachin 11 September 2024 at 08:43

As the possibility of an economic recession in the US looms, global attention is now focused on the upcoming Federal Reserve meeting on September 17 and 18.

Penalties and Consequences of Not Filing Nil TDS Return on Time

Ishita Ramani 11 September 2024 at 08:36

To maintain compliance with tax laws and prevent fines, filing this return on time is essential. We shall discuss the penalties that arise from filing a Nil TDS return after the deadline in this article.

Recommendations from 54th GST Council Meeting

CA Aman Rajput 10 September 2024 at 12:16

Discover key recommendations from the 54th GST Council Meeting. Stay informed on the latest updates and insights that impact your business and compliance.

Taxability on Gift of Capital asset by a Company

Namita Agarwal 10 September 2024 at 08:41

1. Sec. 47 on transfers not regarded as transfers states as follows: (iii) any transfer of a capital asset by an individual or a Hindu undivided family, under a gift or will or an irrevocable trust;

GST Council Nears Decision on Cutting Taxes for Insurance Premiums; Final Call Expected in Next Meeting

Sachin 10 September 2024 at 08:37

The GST Council is considering reducing the GST on life, health, and reinsurance premiums, currently at 18%.

GST Council's Recent Moves: What Businesses and Consumers Need to Know

CA Harshit Goyal 10 September 2024 at 08:35

Big Updates from the 54th GST Council Meeting: Key Changes You Need to Know!

Understanding Income Tax and GST for Mandal's and Religious Temples!

CA Umesh Sharma 09 September 2024 at 16:33

While the focus is on devotion and charity, religious and charitable entities such as Ganpati mandals and temples should also be mindful of their tax obligations.

Types of Financial Models and Valuation Methods

ValuGenius Advisors LLP 09 September 2024 at 08:38

If you're interested in understanding different types of financial models, their uses, and their relevance, this article will guide you through the most commonly used financial models. Let's dive in!

GST Applicability on Supply during the Warranty Period

CA Amit Harkhani 07 September 2024 at 16:49

GST Liability & ITC Reversal: Replacement of Parts or Goods as such and Repair Services Provided by the ManufacturerGST Liability on Replacement of Parts or..