CAclubindia Articles

Gift received from HUF is a capital receipt in the hand of member

FCS Deepak Pratap Singh 18 December 2021 at 06:46

On appeal the Tribunal held that the property of the 'HUF' neither can be said to belong to a third person nor can be said to be in 'corporate entity', rather, the same is the property of the members of the family.

Whether assessing officer has power to reject valuation report submitted by assessee and change method of valuation?

FCS Deepak Pratap Singh 18 December 2021 at 06:46

The Tribunal further held that primary onus to prove the correctness of the valuation report is on the assessee as he has special knowledge and he is privy to the facts of the company and only he has opted for this method

Are you a first time investor?

CMA Mrudula M 17 December 2021 at 16:20

If you are planning to take your first steps towards investing to secure your future, congratulations! Deciding to get started is half the battle won. Once you resolve to embark upon this journey, all you have to do is follow a few simple steps to get to your destination of financial well-being.

Step by Step Guide to register for CSEET Exam

Shree 17 December 2021 at 14:13

REGISTRATION PROCEDURE TO CSEET (CS EXECUTIVE) ENTRANCE EXAMINATION

A brief analysis on - AS 10: Property, Plant and Equipment

Tanuj Chandra Saxenaa 17 December 2021 at 12:55

AS 10 is to be applied in accounting for property, P&E (Plant and Equipment)

A glimpse on forms of business organisations in Australia

Tanuj Chandra Saxenaa 17 December 2021 at 12:42

A foreign company or an investor proposing to incorporate a business in Australia may choose from a number of different entities or forms of business organisation. Each of these forms has its advantages and disadvantages. Business owners will need to carefully consider them and take advice to determine which is the most appropriate form for their business.

Is it Wise to Invest in Gold?

Neethi V. Kannanth 17 December 2021 at 08:50

Gold has been a valuable commodity for centuries. If history is revisited, we get to know that gold has been used as a currency as well as a symbol of wealth and power.

Recent amendment on Business Responsibility Reporting (BRR)

CS SANDEEP CHAUHAN 16 December 2021 at 16:18

SEBI expands the ambit of Business Responsibility Reporting (BRR) by notification No. SEBI/LAD-NRO/GN/2019/45 dated 26.12.2019 (Securities and Exchange Board of India - Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2019. Before discussing the amendments, first we understand the concept and relevant provisions.

Incorporation of a company in Singapore

Tanuj Chandra Saxenaa 16 December 2021 at 08:48

In accordance with the Overseas Direct Investment data issued by the Reserve Bank of India, Singapore is the top destination preferred by Indians for Investment.