CAclubindia Articles

Articleship Stipend as per ICAI and Big4

Posted by Suhani Ahuja 19 March 2024 166783 Views

Students need to bear in mind that there is a huge difference between the stipend and salary of a chartered accountants. In small businesses the job is usually manual, while it is mechanised in the Big Four.

Environmental Sustainability in Governance: Sustaining a Viksit Bharat

Posted by CS CHARU VINAYAK 19 March 2024 655 Views

In this article, we delve into the critical role of governance in fostering environmental sustainability and steering India towards a path of balanced and inclusive development.

Selling Inherited Property: A Comprehensive Guide for NRIs

Posted by CA Arun Tiwari 19 March 2024 894 Views

This article aims to provide a comprehensive guide to help you navigate the complexities and make informed decisions during the property-selling process.

UDIN (Unique Document Identification Number) by Chartered Accountants in Practice

Posted by CA Rajesh Pilleda 18 March 2024 11626 Views

As we all know, on 28th December 2020 ICAI has released a notification and decided to allow one-time condonation to its members for their earlier missed or late generated UDINs. Let us understand what UDIN actually means.

Form 15CA & 15CB

Posted by Nikita Agarwal 18 March 2024 8617 Views

The introduction of Form 15CA and Form 15CB in the Income Tax Act of India was primarily aimed at strengthening tax compliance and enhancing transparency in foreign remittances.

Ineligible ITC under GST

Posted by Rohit Kumar Singh 18 March 2024 28234 Views

For a taxpayer, it is essential to determine whether the tax paid on the inward supplies is eligible as Input Tax Credit (ITC) or shall fall within the ambit of ineligible ITC. Section 17(5) of CGST Act 2017 provides for cases wherein a taxpayer would not be entitled to claim ITC unless it falls within the exceptions as provided.

Assessment under Income Tax Act, 1961

Posted by ROHIT YADAV 18 March 2024 377261 Views

We will discuss each type of assessment as provided in income tax act 1961 in detail in this article.

Important Financial Tasks To Complete Before 31st March 2024

Posted by Priya Mulukutla 18 March 2024 3491 Views

In India, we follow a financial year where the year starts on the 1st of April and ends on the 31st of March. As the name suggests, this is tied in with various financial reporting and accounting purposes.

Blocked Credit under GST

Posted by CA Sanat Pyne 18 March 2024 52650 Views

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.

Issuance of ESOP by Listed Company

Posted by Megha Sharma 18 March 2024 1824 Views

Employee Stock OptionPursuant to clause (b) of Sub Section (1) of Section 62 of Companies Act, 2013, the Company can offer shares through employee stock option ...