CAclubindia Articles

New Portal Launches for E-Way Bill

Posted by CA Anoop Kumar Sharma 29 May 2024 870 Views

GSTN is pleased to announce the launch of the E-Way Bill 2 Portal by NIC on June 1, 2024, through an issue advisory dated May 28, 2024.

Illness: A Genuine Cause for Relief in Indian GST

Posted by Abhishek Raja 29 May 2024 1023 Views

This article explores the judicial wisdom and statutory provisions that address this issue. We will delve into specific cases where courts have provided relief due to illness and analyze the constitutional aspects that may be applicable.

Political Party Taxation

Posted by CA Anoop Kumar Sharma 28 May 2024 1183 Views

Let's break down the rules for how political parties are taxed by CG. Basically, if a political party meets four specific conditions, all income earned is tax-free income.

Duties of an Auditor in a Company

Posted by Ishita Ramani 28 May 2024 914 Views

We'll talk about the duties of an auditor under the Companies Act of 2013 and their eligibility in this article.

Importance of Annual Information Statement while Filing Income Tax Return!

Posted by CA Umesh Sharma 28 May 2024 1209 Views

The CBDT has recently rolled out a new functionality in the AIS that allows taxpayers to view the status of their feedback in real-time.

Depreciation under Income Tax Act: How to calculate depreciation on the WDV of a Block of assets?

Posted by Khush Trivedi 27 May 2024 4975 Views

Depreciation is calculated annually based on the two methods. Check out the two methods to calculate depreciation.

SPOM Exam Insights and Key Tips for CA Final Nov 2024 Aspirants

Posted by Priya Mulukutla 27 May 2024 38478 Views

CA Rohit Ruwatia Agarwal, Central Council Member of ICAI updated that the SPOM exams had started on 25th May 2024, with the first day recording 66 students registering at 22 centres and 43 of them passing giving us a 65% pass percentage.

Unlocking Opportunities: The Importance of DISA for Practicing Chartered Accountants

Posted by CA Pallav Singhania 27 May 2024 3394 Views

Understanding the importance of staying ahead in this digital transformation journey, let's delve into the significance of the Diploma in Information System Audit (DISA) and why it's essential for practicing chartered accountants.

Comprehensive Guide to Provisions of Managerial Remuneration

Posted by Affluence Advisory 27 May 2024 473 Views

Salary and other benefits provided to managers in exchange for their daily efforts to improve the company's performance are known as managerial remuneration (MR). To calculate Managerial Remuneration, we consider any salary and other perks drawn by Directors, Managing Director and Whole-Time Director, Managing Director and Managers (Directors).

GST Audit: A Comprehensive Overview

Posted by CA Anoop Kumar Sharma 25 May 2024 3618 Views

In this article we discuss a comprehensive overview that delves into the initiation, timeline, and methodology of GST audits, shedding light on practical considerations.