CAclubindia Articles

Shops and Commercial Establishment Acts for States of Karnataka and Delhi

Harsh Jain 31 March 2023 at 14:43

Compliances, Registration, Registers and Returns under Shops and Commercial Establishment Acts for State of Karnataka and Union Territory of Delhi

Is UPI still free or not?

CA Rakesh Ishi 31 March 2023 at 13:19

UPI, which stands for Unified Payments Interface, is a digital payment system that allows individuals to transfer money instantly from one bank account to another in India. UPI has become increasingly popular due to its many benefits, including being free, fast, secure, and seamless.

Statutory Tax Compliance Tracker: April 2023

CS Lalit Rajput 31 March 2023 at 09:45

Tax Compliance Tracker for the month of April 2023

Section 69: Power of Arrest

Harsh Kaushik 31 March 2023 at 09:04

What does Section 69 Say?Where the commissioner has reason to believe that a person has committed any offence specified in clause (a) or clause (b) or clause (c..

Blocked Credit under GST

CA Sanat Pyne 31 March 2023 at 08:58

Blocked credit refers to the input tax credit that cannot be claimed by a taxpayer under the GST regime. Input tax credit is the tax paid on inputs, i.e., goods and services that are used in the course of business, which can be set off against the output tax liability of the taxpayer.

All about Income Tax Audit

Ashok Pitroda 31 March 2023 at 08:58

There are many types of audits conducted under various laws. Similarly, an audit conducted under the Income Tax Act, 1961 is called a ‘Tax Audit’. In the Income Tax Act, 1961, section 44AB mandates provisions for a tax audit, which are explained as follows. In the following circumstance, a tax audit will be mandatory.

Important Principles enunciated in Standards on Auditing

CA Rakesh Ishi 30 March 2023 at 12:11

Auditing standards play a significant role in the auditing profession. Among the important auditing standards, SA 700, SA 705, and SA 530 provide guidance for the auditor's opinion.

Impact Of Finance Act 2023 On Charitable Trust

Geetanjali Pandey 30 March 2023 at 10:16

Impact Of Finance Act 2023 On Charitable Trust and Institution Referred to In Section 12AA Or 12AB Or Clause (23C) Of Section 10 of The Act, 1961

Section 70: Power of Summon

Harsh Kaushik 30 March 2023 at 09:01

Section 70 of the CGST ACT 2017 empowers the Proper Officer(PO) to summon any person whose attendance he considers necessary either to give evidence or to produce a document or any other thing as required in an inquiry.

Interest under GST

CA Amit Harkhani 30 March 2023 at 08:55

The Government of India has specified the due dates to pay Goods and Services Tax. The due date to pay GST is different for different types of taxpayers. If one fails to pay GST within the due date, one must pay the interest along with the GST dues for the delay period.