CAclubindia Articles


CA to BA - And someday back to CA!

  Roohani Deshpande    14 September 2022 at 08:50

ll it takes is belief in oneself to achieve the seemingly impossible, and the commitment to keep moving in the direction of one's goals in life; I wish everyone has the courage to think beyond the limitations which society places on our options and keep moving forward, always.



Liabilities of the Auditor under Companies Act 2013

  Neethi V. Kannanth    13 September 2022 at 08:59

When a person who has engaged an auditor, has suffered some loss, damage or detriment due to non-performance of duty by such auditor in accordance with the accepted professional standards, it shall give rise to the liability of the auditor.



Effects on Goods Transport Agency due to recommendation of 47th council Meeting

  CA. Heet Shah    13 September 2022 at 08:59

The terms GTA has not been defined under GST Act, 2017, GST Rules. It is presently defined under the Notification No. 12/2017- Central Tax (Rate) and Notification No. 9/2017-Integrated Tax (Rate) both dated 28-6-2017.



Income tax raid and rights of an assessee during the raid

  Taxblock    13 September 2022 at 08:58

An income tax raid is an operation of search and seizure which is conducted by the income tax department on the business or residential premises of taxpayers with an objective to reveal all the undisclosed income of the assesses.



Guidelines in filing the TRAN-1 application

  V SRIKANTH    12 September 2022 at 14:03

The CBIC has issued a circular no. 180/12/2022-GST dated 9.9.22 laying down certain guidelines in filing the TRAN-1 application pursuant to the decision of the Supreme Court in the case of Union of India Vs. Filco Trade Centre private limited.



Case Study - The Customs Act, 1962

  FCS Deepak Pratap Singh    12 September 2022 at 08:48

Dalmia & Associates, a practicing CA firm, submitted its application to ICAI for carrying out the bank audit for nationalized banks. After following the designated procedures and approvals required for appointment of bank auditors, the firm was appointed as branch auditor of Eastern Bank of India, a public sector bank headquartered in Kolkata.



Benefits of Debit Notes delinked from Sale Invoices under GST

  CA. Heet Shah    12 September 2022 at 08:48

With effect from 01.01.2021, section 16(4) of the CGST Act, 2017 was amended videthe Finance Act, 2020, so as to delink the date of issuance of debit note from ..



Guidelines for launching of prosecution under GST

  V SRIKANTH    10 September 2022 at 13:58

The Commissioner (GST-Investigation), CBIC, had recently issued instruction no. 04/2022 dated 01.09.22 laying down guidelines to be followed by the department for launching prosecution under the CGST Act.



What constitute an arbitration agreement?

  FCS Deepak Pratap Singh    10 September 2022 at 09:48

Arbitration is most favored and less expensive Dispute Resolution Process. The secrecy maintained during arbitration proceedings and autonomy to the parties to choose arbitrators and place of arbitrations makes it more acceptable.



Now I should give up: Redefining Failure

  Aastha Pragya    10 September 2022 at 08:49

Stop running behind the things which are not of your interest and won't add value. Do what you find interesting as well as upskilling. Improvement is the only key to work on in order to create a success of your own.