CAclubindia Articles

Whether statement in proposal form amounts to a warranty or is merely descriptive of the risk insured?

FCS Deepak Pratap Singh 11 March 2022 at 09:03

A Proposal form is the most essential and fundamental document required for an insurance contract between a prospective customer and the insurance company. It includes the customer’s necessary information like name, address, age, education, occupation etc. It can also include the person’s medical history.

Buying and Selling of Stressed Loans by Banks

Mohit Mishra 11 March 2022 at 09:03

Buying and Selling of Stressed Loans by Banks, NBFC, Asset Reconstruction Company, Co-operative Banks and All India Financial Institutions

Income from unsold flats shall be treated as business income

FCS Deepak Pratap Singh 10 March 2022 at 08:44

INCOME FROM UNSOLD FLATS SHALL BE TREATED AS BUSINESS INCOME OF THE DEVELOPER AND NO INCOME FROM HOUSE PROPERTY ON THE BASIS OF ANNUAL LETTING VALUE OR NOTIONAL VALUE OF RENT.

All About Auto Population of E-invoices in GSTR 1

Poojitha Raam 09 March 2022 at 08:55

Generation of e-invoice is mandatory for certain classes of taxpayers, as notified by the Government. These taxpayers are required to prepare & issue their e-invoices by reporting their invoice data in the prescribed format and reporting the same on the Invoice Registration Portal (IRP). Invoices reported successfully on the IRP are given a unique Invoice Reference Number (IRN).

Monetary penalties to be imposed by an insolvency professional agency on its members

FCS Deepak Pratap Singh 09 March 2022 at 08:55

For individuals insolvency and bankruptcy matters there were three laws dominating in India and the last recourse if the Court of Laws. The process adopted earlier for resolution of matters were painful for creditors /financiers ad the defaulting persons were taking advantage of loopholes of these laws, rules and regulations.

Qualifications and Process of Listing Shares in a Stock Exchange

Neethi V. Kannanth 08 March 2022 at 15:00

The procedure through which an unlisted company, a start-up or an early stage corporation can be listed on the stock exchange for trade or sale of its securities to the general public in the primary market is known as Initial Public Offering(IPO).

The "SHEROES" of the Chartered Accountant Fraternity

Poojitha Raam 08 March 2022 at 09:18

Honoring all Women CAs this Women’s Day, women not only play their roles as a daughter, mother, wife, sister they have also proved to be successful Chartered Accountants. Here are Women Chartered Accountants who made the Fraternity Proud

A Brief About Alternative Investment Funds (AIF)

Neethi V. Kannanth 07 March 2022 at 13:16

Alternative Investment Funds (AIF for short) are those funds created or established in India as a privately pooled investment vehicle in order to collect funds from specific investors as per a previously defined investment policy.

Women related Income tax and financial benefits

CA Umesh Sharma 07 March 2022 at 13:16

Let's discuss the life journey from a girl child to a woman, and what are the rights, Income tax benefits, and other benefits available to women in Indian laws...

What CA Students Should Learn During Their Articleship

Suhani Ahuja 07 March 2022 at 10:23

When the ICAI introduced the Articleship, it laid down that upon completion of professional education, a student shall serve as articles for three years under a practicing chartered accountant to gain practical and working knowledge relating to several laws and rules.