CAclubindia Articles

Most Popular Recommendations from 53rd GST Council Meeting!

CA Umesh Sharma 24 June 2024 at 13:29

The 53rd GST Council Meeting was held on 22nd June 2024, wherein the focus was on discussing matters concerning Trade Facilitation & Providing Relief to Taxpayers. Key Recommendations made by the council like waiver of interest & penalty for a specified period & Introduction of GSTR 1A will surely be music to the ears of the taxpayers.

Closure of Company - Various Options

CMA Sawinder Singh Chug 24 June 2024 at 13:23

This article aims to give bird view of the various options through which a company may be able to close/wind up its operations in India, along with the practical considerations that may be applicable while exercising these options

Why Bank Account Validation is Crucial for Your Tax Refund?

Priya Mulukutla 24 June 2024 at 11:14

The Income Tax Department gave an important update regarding the Validation of Bank Accounts. The Department took to X (formerly known as Twitter) to bring the taxpayers' attention to the necessity of validating bank accounts for the smooth receipt of refunds.

Beyond Numbers: Future Opportunities for Chartered Accountants

CA Pallav Singhania 24 June 2024 at 08:36

This article explores these future opportunities, highlighting emerging trends, new fields, and expanding roles for Chartered Accountants.

Key Recommendations made by the 53rd GST Council Meeting

CA Aman Rajput 24 June 2024 at 08:31

The recent meeting held on June 22, 2024, has resulted in a series of significant amendments and recommendations aimed at providing relief and clarifications to taxpayers under the Goods and Services Tax (GST) regime.

Recommendations of 53rd GST Council Meeting

CA Harshit Goyal 22 June 2024 at 21:02

The 53rd meeting of the GST Council, chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, took place in New Delhi with significant participation from various state and union territory representatives.

A Simple Guide to Decode the Password for Form 16

Ishita Ramani 22 June 2024 at 08:30

In this article, we will discuss how to decode Form 16 and obtain the TDS certificate password to file income tax returns.

Summary On Implications Of Section 43B(h) - Payments Made To MSME

Sai Nithyashri 22 June 2024 at 08:30

These amendments will take effect from April 1, 2024, and will, accordingly, apply in relation to the assessment years 2024-2025 and subsequent assessment years.

Concept of Senior Management & Its Disclosures in Annual Report for FY 23-24

Affluence Advisory 21 June 2024 at 14:03

Senior management is not exactly defined as senior management, but SEBI LODR enumerates who can be senior management and provides criteria for identifying senior management.

Valuation of Intangible Assets as per IFRS

Sai Nithyashri 21 June 2024 at 08:34

Valuation of intangible assets under IFRS (International Financial Reporting Standards) involves assessing their fair value, which is the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm's length transaction.