CAclubindia Articles

Sec 35DD: Amalgamation/Demerger expenses will be allowed to resulting company

FCS Deepak Pratap Singh 17 February 2022 at 08:37

The ruling of Delhi High Court will be much-needed support to the corporate world. This will help smooth restructuring of companies and claiming of restructuring expenses

Self Assessment and Enquiry Before Assessment under Income Tax

Neethi V. Kannanth 16 February 2022 at 15:12

The assessee is required to assess his income and determine if any tax is payable on the basis of return required to be furnished under section 115WD, 115WH, 139 142, 148, 153A or 158BC

EPF Scheme / Investment: Top 10 Key Updates - Part 1

CS Lalit Rajput 16 February 2022 at 09:07

EPF is the main scheme, under which retirement benefits are accumulated, launched under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 and which is managed under the aegis of Employees' Provident Fund Organisation (EPFO).

Demystifying GST on developed plots

Abhishek Raja 16 February 2022 at 09:00

In India, Real Estate Sector is the second largest employer after agriculture. In GST regime, there is no concept of manufacture, sale or service etc. There is only one concept i.e. "Supply". All the Supplies are categorized as either 'Supply of Goods' or 'Supply of Services'.

Section 112A: Tax on long-term capital gains on certain assets

Aarti Maurya 16 February 2022 at 09:00

Sec 112A provides that a concessional rate of tax at 10% will be leviable on long term capital gains exceeding Rs 100000

Additional Tax under section 140B

Neethi V. Kannanth 16 February 2022 at 09:00

A new section 140B has been proposed in the Union Budget,2022. If an assessee opts for filing the return under newly proposed section 139(8A), an additional tax is required to be paid under Section 140B.

Summary Assessment and Regular Assessment under Income Tax

Neethi V. Kannanth 15 February 2022 at 14:08

When a return of income has been filed by the assessee under section 139(1) or in response to a notice issued under section 142(1), the return shall be processed in the following manner

RBI Compliances for LCR to NBFC along with the changes w.e.f 31st March 2022

Arun Singh Bisht 15 February 2022 at 13:19

RBI Compliances for LCR to NBFC

Marketing: You can sell stones too

Aarti Maurya 15 February 2022 at 09:04

Title may fascinate readers that how one can sell stones. Do you find this strange? Being from commerce background 'marketing' is the term that we commonly see everyday. With right marketing tactics what cannot be sold.

Moving forward in hard times