CAclubindia Articles

Jyoti CNC Automation Ltd: IPO Analysis

CA Divyajeet Singh Sabharwal 18 January 2024 at 08:53

Jyoti CNC Automation Ltd., a name synonymous with precision engineering and industrial automation, roared onto the Indian stock market on January 9, 2024.

Supremacy Sealed: Unveiling the Impact of Innoventive Industries vs. ICICI Bank on India's Bankruptcy Landscape

CS Peer mehboob 17 January 2024 at 14:12

In the intricate world of Indian business, distressed companies often stand at a crossroads, desperately seeking pathways to restructure and rise again. But what happens when conflicting legal paths emerge, throwing both companies and creditors into a labyrinth of uncertainty?

Section 43B(h) of Income Tax Act related to MSME (Small & Micro) - Very Important Amendment

CA.Sangam Aggarwal 17 January 2024 at 08:57

As per the Amendment made by the Finance Act, 2023 clause (h) shall be inserted after clause (g) of section 43B which says that if assessee makes payment to micro or small enterprises beyond the limit specified in section 15 of the MSME Act, 2006

Proportionate Leave Encashment for Ex-MPSEB Employees: A Detailed Analysis

CA Aman Rajput 17 January 2024 at 08:57

This article delves into the specific case of leave encashment for former Madhya Pradesh State Electricity Board (MPSEB) employees after its conversion into a company, analyzing the various aspects and legal arguments involved.

MSME Debt Restructuring Framework by RBI

CA Divyajeet Singh Sabharwal 17 January 2024 at 08:57

A recent judgment by the Bombay High Court has shed light on a crucial nuance within this framework, clarifying the roles and responsibilities of both MSMEs and their lenders.

Different Types of Correction in TDS Return in India

Ishita Ramani 17 January 2024 at 08:57

In this article we are going to talk about the types of errors occurring in TDS returns and the corrections that can be made.

Understanding Electronic Credit Reversal and Reclaim Statement (ECRRS)

CA Rakesh Ishi 16 January 2024 at 11:05

In the intricate world of Goods and Services Tax (GST), staying abreast of changes and adopting efficient practices is crucial for businesses. One such recent development is the introduction of the Electronic Credit Reversal and Reclaim Statement (ECRRS).

How to plan your Expenses?

CA Umesh Sharma 16 January 2024 at 08:12

Planning your expenses holds significant importance. It forms the base of financial stability and empowerment. By meticulously tracking where every rupee spent, you gain invaluable insights into your spending habits, paving the way for informed decisions that align with your financial goals

Centralized Information Management System (CIMS) Return for NBFCs

Affluence Advisory 16 January 2024 at 08:12

RBI issued a circular no. CO.DOS.RPD.No.7534/33-06-001/2023-24 dated January 01, 2024 requiring all Non-Banking Financial Companies (NBFCs) to file the applicable returns on new Centralized Information Management System (CIMS) platform.

Partners, Profits, Interest and Remuneration under Section 10AA

CA Divyajeet Singh Sabharwal 16 January 2024 at 08:11

Let's delve into the legal principles at play, understand the reasoning behind the conflicting viewpoints, and chart a course towards a clear understanding of this complex tax issue.