CAclubindia Articles

Exploring the Resale Method in Transactions with Limited Value Addition by Distributors

Posted by Vivek Jalan 08 December 2023 1066 Views

Resale method appropriate in Transfer Pricing where there is no Value Addition to traded goods by the distributor

Process for Filing Application u/s 119(2)(b) of IT Act, 1961

Posted by CA. Bhavik P. Chudasama 08 December 2023 16905 Views

Filing an application under Section 119(2)(b) of the Income Tax Act in India typically involves specific procedures.

Unveiling the Economic Landscape Behind Interactive Entertainment

Posted by Niyati 08 December 2023 780 Views

The surge in online gaming has given rise to a myriad of entertainment options, among which sweepstakes casinos have garnered significant attention. Within this...

Statutory Register of LLP

Posted by CS Divesh Goyal 08 December 2023 2369 Views

The author will cover the "Details about Statutory Registers of LLP" in this article.

NFRA Imposes 5 Lakh Penalty and 10-Year Ban on Two Auditors of BHPL over Audit Lapse

Posted by CA Kunal Jain 08 December 2023 17799 Views

This Order by the NFRA disposes of the SCN issued to CA Jignesh Mehta, a member of ICAI and the Engagement Partner (EP) for the statutory audit of Dewan Housing Finance Corporation Limited (DHFL) for the Financial Year 2017-18.

Master Direction on IT Governance, Risk, Controls and Assurance Practices from RBI

Posted by Affluence Advisory 08 December 2023 924 Views

Provide a structure and strong governance framework for technology in the Banking and Financial segment. The regulators have been working in this direction of strengthening control frameworks for technology services including outsourcing

Impact of AI on Taxation and Accounting Field

Posted by Sai Kiran 08 December 2023 3802 Views

AI has significantly impacted the tax analysis process and the accounting field by automating routine tasks, enhancing data accuracy, and improving decision-making.

Supreme Court Upholds Order Directing GST Official to Pay Compensation to Taxpayer

Posted by CA Aman Rajput 08 December 2023 13582 Views

In a landmark judgment, the Supreme Court has upheld an order of the High Court directing a GST official to pay compensation to a taxpayer for issuing an invalid penalty order. The Court also increased the compensation amount from Rs. 10,000 to Rs. 69,000.

Demystifying mutual fund types: Finding the right fit for your financial goals

Posted by Aarika 07 December 2023 1497 Views

Planning your investments while keeping your financial goals in mind is an effective way to meet your short-term, medium-term, and long-term goals in a seamless...

ICAI FAQs on PMLA Reporting for CA Members

Posted by Shree 07 December 2023 4610 Views

The Institute of Chartered Accountants of India (ICAI) has issued several FAQs regarding PMLA (Prevention of Money Laundering Act) reporting for its members.