CAclubindia Articles

Highlights of the Percentage-of-Completion Method (POCM)

Posted by Amit Kumar 20 June 2024 3788 Views

The Percentage-of-Completion Method (POCM) is an accounting method commonly used in the construction industry and other long-term contracts. It involves recognizing revenues and expenses in proportion to the project's completion during each accounting period.

File ITR Online: Step-by-Step Guide

Posted by Sparsh Wadhwa 20 June 2024 1091 Views

Learn how to file your Income Tax Return (ITR) online with our easy-to-follow guide. Complete your tax filing efficiently. Start now!

GST on Sponsorship Services: Compliance Guide

Posted by T Ashalatha 20 June 2024 2198 Views

Understand GST implications for sponsorship services in India. Learn about Reverse Charge Mechanism (RCM), ITC, and compliance requirements for sponsors and recipients.

Companies Act Section 135: Your CSR Guide

Posted by Ishita Ramani 20 June 2024 1335 Views

Understand Section 135 of the Companies Act, 2013 regarding CSR. Learn about provisions, amendments, and how to file Form CSR1. Ensure compliance.

Shares Issued at a Discount: Tax Implications Explained

Posted by FCS Deepak Pratap Singh 19 June 2024 1554 Views

Understand the tax implications of issuing shares at a discount in the UK. Learn about Section 53, Section 54, and Section 56(2)(x) of the Income Tax Act.

Income Tax Season Tips: File Your Return by 31st July

Posted by CA Umesh Sharma 18 June 2024 856 Views

Don't let the monsoon catch you unprepared for Income Tax! Discover 10 essential tips for filing your ITR accurately and on time before the 31st July deadline.

Can a Firm be partner of another firm?

Posted by FCS Deepak Pratap Singh 18 June 2024 3100 Views

A partnership firm is governed by the Partnership Act, 1932, and the partnership deed is executed between the partners (a partnership deed can be in oral or written form; however, in the state of Maharashtra, a written agreement is required).

NRI NRO Account: Guide to Payments & Expenses

Posted by CA Arun Tiwari 18 June 2024 498 Views

NRIs, discover what payments you can receive and expenses you can make from your NRO account. Manage your Indian income efficiently and compliantly.

MOA vs AOA: Key Differences for Company Registration

Posted by Ishita Ramani 18 June 2024 490 Views

Understand the crucial differences between Memorandum of Association (MOA) and Articles of Association (AOA) for company registration in the UK. Learn their roles and requirements.