CAclubindia Articles

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.

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.

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).

Understanding Impact of New Labor Laws on Employee Leave and Compensation

Rashmi 06 September 2023 at 09:07

Four new labor laws are on the horizon, promising significant changes for both employers and employees. These changes will impact take-home pay, contributions to the Employees' Provident Fund (EPF), calculations of paid leave, and maximum working hours.

Challenges of Negative Working Capital: Strategies for Financial Health

CA Ajay goel 05 September 2023 at 14:01

Working capital is like the financial pulse of a business. It represents the money a company has available to manage its day-to-day operations and meet its short-term financial obligations.

RBI Approval for Change in Management of NBFC

Affluence Advisory 05 September 2023 at 08:58

Non-Banking Financial Companies (NBFCs), as the name suggests, are the companies established under the Companies Act. NBFCs are intermediaries engaged in the business of finances, accepting deposits, delivering credit and hence play an important role in channelizing the scarce financial resources towards the creation of wealth.