CAclubindia Articles

4 Benevolent GST Circulars from July 2023 and Uncovered Situations

CA Shruti Singhal 09 September 2023 at 17:00

4 Benevolent circulars of Department issued in July’2023. By why all situations are not covered?

Record to Report (R2R) Process: Managing Finances Made Simple

CA Ajay goel 09 September 2023 at 15:02

Imagine you have a personal budget spreadsheet where you keep track of your income, expenses, and savings. You record your salary, input all your expenses like ..

What is the process of filing a Letter of Undertaking (LUT) under GST?

Ishita Ramani 09 September 2023 at 08:51

This article is going to focus on "What is a Letter of Undertaking under GST?", "Process for Filling LUT under GST," "Documents Required for LUT under GST," and "Eligibility requirements for Filing LUT under GST (Goods and Service Tax).

Availability of ITC for the Supplies Obligatory for an Employer to its Employees

Udaya Chandran 09 September 2023 at 08:51

There was confusion whether the proviso applies to all the above-mentioned services or not. The same was clarified vide Circular No.172/04/2022-GST dated 6th July 2022.

Smart Tax Filing, Investment and Legacy Planning: A Guide for Every Age

Rashmi 08 September 2023 at 14:23

If you file your tax return after the due date, it could be considered late filing. You might have to pay a late fee as per Section 234F. However, if you originally filed your return on time (by July 31st) and verified it within 30 days of e-filing, you can still revise it later.

Annual Filing of AOC-4 under Companies Act, 2013

CS Gurupdesh Singh 08 September 2023 at 09:19

Every company needs to file its financial statements and mandatory attachments, via e-Form AOC-4 within the prescribed time limit as per section 137 of Companies Act, 2013.

Demystifying Procure to Pay and Order to Cash: The Backbone of Business Operations

CA Ajay goel 07 September 2023 at 08:52

In this article, we will unravel the mysteries of the P2P cycle in a uniquely laid-back and easy-to-understand manner, using a relatable example.

Exploring the Impact of Interest Rate Fluctuations on Home Loan Borrowers

Suhasini 06 September 2023 at 17:22

In this blog post, we will delve into the impact of interest rate fluctuations on home loan borrowers, shedding light on how changes in the home loan interest rate, influenced by the repo rate, can affect borrowers' financial situations.

Demystifying COGS and OPEX: Key Financial Concepts for Business Success

CA Ajay goel 06 September 2023 at 09:07

Picture your favorite pizza place. You know that delicious pizza you order? Well, there's a cost to make it, and that's what we're diving into today - understanding how much it costs to make the pizza (COGS) and what it takes to keep the pizza place running (OPEX).

Share Transfer Process in Private Limited Company

Ishita Ramani 06 September 2023 at 09:07

Today, we will look at the process of transferring shares in a Private Limited Company, as well as all the information on Transfer of Shares, the method of Transfer of Shares, and additional information on Share transfer in Private Limited Company.