CAclubindia Articles

CBDT issues FAQs on filing of ITR Forms

Shree 21 October 2022 at 14:55

FAQs on filing of Returns

Case Study: Companies Act, 2013

FCS Deepak Pratap Singh 21 October 2022 at 08:49

Let's understand above query with a decided case law Regional Director, Southern Region and Ors. (Appellants) vs. Real Image LLP and Ors. (Respondents)NCLATCompany Appeal (AT) No. 352 of 2018.

Filing E-Form 8 for LLPs on MCA V3 Portal

Antika Mukherjee 20 October 2022 at 14:11

Pursuant to Section 34(3) of the LLP Act, 2008 and Rule 24 of Limited Liability Partnership Rules, 2009, every Limited Liability Partnership, both Indian & Foreign, are required to file a Statement of Accounts & Solvency (E-Form 8) with the Ministry of Corporate Affairs within the 30th of October of every financial year.

Small delay in depositing PF & ESI would lead to irreparable income tax loss decides Supreme Court

CA Ankit Gulgulia (Jain) 20 October 2022 at 08:53

Most of us are under an impression that depositing Provident Fund and ESI although is a regular monthly exercise but a small delay cannot impact any Income Tax Perspective since we can claim deduction of such PF and ESI Contribution if it is deposited before the Due date of Filing Income Tax Return under Income Tax Act, 1961.

Case Study: Place of Effective Management

FCS Deepak Pratap Singh 19 October 2022 at 08:44

The existence in India of support functions that are preparatory and auxiliary in character will not be conclusive evidence that the conditions for establishing POEM in India have been satisfied.

Case Study on LLP Act 2008

FCS Deepak Pratap Singh 18 October 2022 at 08:48

Discuss the tax consequences of the conversion of company into LLP and subsequent resignation of partners.

Taxability of Renting of MVDCP under RCM/FCM

Nilesh Mahajan 17 October 2022 at 09:54

Taxability of Renting of Motor vehicle designed to carry passenger ['MVDCP'] under Reverse/Forward Charge Mechanism [RCM/FCM]

Importance of Time Management for Chartered Accountants

CA Rakesh Ishi 17 October 2022 at 08:43

Time is like an arrow, once left the bow does not come back. There are 24 Hours in a day just like everyone else. There is no magic to optimize your 24 hours, it's just planning effectively. Management refers to effective utilization of resources.

Non-Compliances related to components of Profit & Loss Statement

CA Rakesh Ishi 14 October 2022 at 16:31

It was noted from the accounting policy of revenue that the element of financing has not been considered if the credit term is consistent with market practices...

Issue of notices and Review of Cost Audit Reports by MCA: A warning signal for Auditors and Directors

CMA Navneet Kr Jain 14 October 2022 at 08:56

The government has started relying on the professional and has given certain certification powers to the professionals who are being regulated by the professional Institutes.