CAclubindia Articles

CBDT releases FAQs related to filing of Form 3CEB

Shree 28 October 2022 at 08:33

FAQs related to filing of Form 3CEB are available on Income Tax portal

Can consistent ill health be a valid reason for non-filing of GST Revocation Application?

Abhishek Raja 27 October 2022 at 10:28

What could be the reason that out of two Partners, one was suffering from ill health and another partner also didn't file a Revocation Application within time?

Quality Circles - How it works

CA Ranganatha Achar K 27 October 2022 at 10:24

Quality Circles differ from the conventional techniques of human resource development. It works from a bottom-up approach drawing directly on the knowledge and skill at the shop floor as against a top-down approach.

Case Study: Insolvency & Bankruptcy Code, 2016

FCS Deepak Pratap Singh 27 October 2022 at 08:45

A Corporate Debtor defaulted in the payment to the Operational Creditor, Safe Bank, a foreign bank, amounting to INR 1,000 crore.

Recovery under GST without issuance of SCN is not permissible

Bimal Jain 26 October 2022 at 10:41

There was amendment in sec 75(12) of the Central Goods and Services Tax Act, 2017 ("the CGST Act"), which were introduced vide the Finance Act, 2021 but brought into effect only from January 1, 2022 through Notification no. 39/2021-central tax dated December 21, 2021.

KYC - The Mess

CA Satish Badve 26 October 2022 at 08:50

KYC a simple remember & easy to understand when it reaches to my ears 15 years back. The meaning I understood is KNOW YOUR CUSTOMER. I heard the same first time in bank.

Case study on Income Tax Act 1961

FCS Deepak Pratap Singh 25 October 2022 at 08:03

State the consequences that would follow, if the Assessing Officer makes adjustment to arm's length price in international transactions of the assessee resulting in increase in taxable income.

Non-Compliances related to Auditor's Report

CA Rakesh Ishi 24 October 2022 at 08:07

It was observed that the separate section on going concern was not reported by the auditor as required by SA 570 (Revised)

Guide to Securities and Exchange Board of India (SEBI) Act 1992

CA Shubhi Khandelwal 24 October 2022 at 07:51

The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act,1992.

Some important facts related to insurance contract

FCS Deepak Pratap Singh 22 October 2022 at 08:44

In this article we are going to discuss important aspects of Insurance Contract. Main ingredients and principles on which insurance contract is generally drawn...