CAclubindia Articles

Consequence of non-compliance with w.r.t maintenance of Books of Accounts, Statutory Registers and Minutes Book

Affluence Advisory 19 April 2023 at 14:59

In recent times, ROC has been diligently suspecting the non-compliance and passing stringent orders against the Company and its Directors. Therefore it has become important for the Company and Directors to ensure Compliance in true spirit and letter.

Components of Annual Return

Ishita Ramani 19 April 2023 at 14:59

The term "Annual Return" refers to the returns on an investment that are computed as a percentage of the initial investment over the period of a year. A gain on the initial investment occurs when the return is positive.

The Career Path To Being A Quantitative Analyst

Shree 19 April 2023 at 12:05

Quantitative analysts (quant analysts or quants) are financial professionals who develop and implement the various mathematical models used by investment banks, hedge funds, and other financial firms to analyse the markets, price assets, make investment decisions, manage risk, and measure performance.

An In-Depth Look at the Audit of Accounts Receivable and its Impairment Assessment

CA Sanat Pyne 19 April 2023 at 08:48

Accounts receivable refers to the money owed by customers to a business for the goods or services they have purchased on credit. It is an important part of a business's working capital and represents the amount of cash that the business can expect to receive in the near future.

Valuation of Start-ups

Geetanjali Pandey 18 April 2023 at 14:45

Start-ups as the name suggest any venture which is going to start or at stage of development or just emerged an innovative idea or technique.

TDS Rate chart for FY 2023-24 (AY 2024-25)

Ishita Ramani 18 April 2023 at 14:29

This article presents a tabular representation of the various TDS rates applicable for the Financial Year (FY) 2023-2024 or Assessment Year (AY) 2024-2025, which spans from 01.04.2023 to 31.03.2024. Additionally, it also explains the changes proposed in Budget 2023 with respect to TDS.

The Rise of Paid Online Gaming: Understanding Taxation in the Digital World

Aisha 18 April 2023 at 11:15

In this blog, we will explore the taxation of paid online gaming and discuss how it differs from traditional gaming. We will also delve into the various taxes that may apply to online gaming and examine the legal and regulatory landscape for online gaming taxation.

Income Tax Amendments applicable for AY 2023-24 (FY 2022-23)

Geetanjali Pandey 18 April 2023 at 09:33

This article will outline some of the important amendments made by Finance Act, 2023 which is applicable for FY 2022-23 (AY 2023-24) which we need to take care of while filing ITR of AY 2023-24.

What Borrowers Need to Know About RBI's Proposed Regulations on Penalties for Loans

Rashmi 18 April 2023 at 08:49

The Reserve Bank of India (RBI) has proposed new regulations on how lenders can charge penalties on loans. Many lenders currently charge extra interest, known as penal interest, when a borrower fails to make their loan repayments on time or violates the loan terms