CAclubindia Articles

ITC on CSR expenses

Affluence Advisory 15 December 2022 at 14:10

In our view, the companies undertaking CSR projects can only have the query on ITC availment of goods and services used to incur CSR expense and no query on ITC pertaining to capital goods.

SEBI Forex Trading Authorization

Shree 15 December 2022 at 14:03

SEBI Forex Trading Authorization is a type of authorization granted by the Securities and Exchange Board of India (SEBI) to a person or organization, allowing them to conduct Foreign Exchange (Forex) trading activities in the Indian financial markets.

Points to be considered in the preparation of Annual Report - Part 3

CA Rakesh Ishi 15 December 2022 at 12:15

AS-5 required that All items of income and expense which are recognised in a period should be included in the determination of net profit or loss for the period unless an AS requires or permits otherwise.

Audit and Accounts

P.R. Sethuraman 15 December 2022 at 10:39

Debits and credits are twins of Accounting, On which depend the efficacy of Accounts.

Limit of liability under comprehensive insurance policy

FCS Deepak Pratap Singh 15 December 2022 at 08:50

As you are aware that there are various types of Motor Insurance Policies are available in the market. These policies provide different types of benefits based on coverage and riders opted by the insured.

Financial Books That You Will Definitely Enjoy Reading

Suhasini 14 December 2022 at 17:07

Financial literacy is an important skill in today's world, and having the right resources at your disposal can make all the difference.

Online GST Registration Process in India - Step by Step Guide

Shweta 14 December 2022 at 09:00

GST registration is mandatory for all individuals and businesses in India that offer products or services. GST registration is necessary when the entire cost of delivering items exceeds Rs. 40 lakh.

Classification of Risky exporters under GST Act w.r.t IGST Refund

B Sathyanarayanan 13 December 2022 at 11:55

As per the SOP issued by DGRM and the SOP issued in the year 20.05.2020, it is instructed to Custom and GST field Formations for the classification of risky exporters under rule 96.

SEBI notifies timelines for transfer of dividend and redemption proceeds to unitholders

CS Lalit Rajput 13 December 2022 at 08:56

Securities and Exchange Board of India (SEBI) on 25th November, 2022 has issues a circular vide notification no. SEBI/HO/IMD/IMD-I DOF2/P/CIR/2022/161 and came ..

Understanding New Interest Subvention Scheme

CA PIYUSH KAPOOR 12 December 2022 at 16:43

(As per new RBI Notification dt 23.11.2022) This article contained information about the interest subvention scheme for short-term Agriculture loans and New notification for some changes from 23.11.2022 for FY 2022-23 and 2023-24.