CAclubindia Articles


Exemption Limit (Rs. 1500 or Rs.750) under GTA - Confusing?

  Lekhraj sood    31 January 2022 at 08:36

The rate of tax under forward charge is at 12% with ITC available or 5% without the benefit of ITC. Under the reverse charge, the rate is 5%.



IRDAI (Surety Insurance Contracts) Guidelines, 2022

  CS Lalit Rajput    30 January 2022 at 11:54

IRDAI vide Ref. No: IRDAI/NL/GDL/SIC/01/01/2022 dated 03.01.2022, in exercise of the powers conferred under section 14 (2) (i) of IRDA Act, 1999, has issued the IRDAI (Surety Insurance Contracts) Guidelines, 2022 ("Guidelines") to regulate the business of surety insurance ("Business") in view of the unique risks and features of surety insurance.



Declaration of undisclosed income to "buy peace" does not renders an assessee immunity from initiation and levy of penalty

  CA.Mohit Gupta    30 January 2022 at 10:30

Under the Income Tax Act, 1961 penalty is to be levied on the amount of "tax sought to be evaded" in respect of the concealment of particulars of income or furnishing inaccurate particulars of the income. Nevertheless, in case of SEARCH penalty is also levied in respect of "Undisclosed Income" too.



Expectations from Budget 2022 for MSME sector in GST

  Tarun Kr. Gupta    30 January 2022 at 10:11

The present third wave of COVID has further put pressure on the MSME sector and relief on certain points is very much required. The 10 most important expectations has been mentioned in this article.



Analysis of the higher additional fees imposed by MCA

  CS Divesh Goyal    29 January 2022 at 14:42

Recently MCA has issued a Notification on 11th January 2022 for amendment in "Companies (Registration Offices and Fees) Amendment Rules, 2022". This notification is stated about "Higher Additional fees in Certain Cases".



All About Tax Audit and Form 3CD (Part-5)

  Neethi V. Kannanth    29 January 2022 at 08:45

In this article the author is discussing clause 26 to 31 of Form 3CD



3 golden strategies to clear CA exams

  Pooja Chaturvedi    28 January 2022 at 14:42

Learning from my previous mistakes I worked on a better strategy to crack the examination, here are the 3 golden strategies



Expectations from Budget 2022

  Poojitha Raam    28 January 2022 at 14:07

The budget 2022 shall be presented by Hon'ble Finance Minister Smt. Nirmala Sitharaman on February 1st 2022 at 11 AM IST in paperless format like last year. The duration of the budget shall vary from 90 minutes to 120 minutes.



How to Design a Financial MIS: What Every CFO Needs to Know

  Karthik Ganeshanpro badge    28 January 2022 at 11:34

List of the top 5 things you should consider while designing your financial MIS.



Case analysis of FEMA violation by Rajasthan Royals

  FCS Deepak Pratap Singh    28 January 2022 at 09:03

M/s. Jaipur IPL Private Limited (JIPL) an Indian private limited company, incorporated under provisions of the Companies Act, 1956 in March,2008. The JIPL is fully owned by EM Sporting Holdings.