CAclubindia Articles

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

Posted by Lekhraj sood 18 July 2023 70667 Views

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%.

Exceptions to the rule - Income of P.Y. is taxable in A.Y.

Posted by Ritik Chopra 18 July 2023 81180 Views

In some cases, income is taxed in the same year in which it is earned and so in these exceptional cases a previous year will also function as an assessment year. Let us discuss those exceptions.

Impact Analysis of Circulars & Notifications issued w.r.t. 50th GST Council Decisions

Posted by Vivek Jalan 18 July 2023 8460 Views

Analysis of GST - GST Circulars & Notifications dt. 17th July 23 w.r.t. 50th GST Council Decisions

Duties and rights of a partner in an LLP

Posted by Ishita Ramani 18 July 2023 14664 Views

An LLP can continue to exist despite changes in the partners. It is capable of entering into contracts and holding property in its own name. It can sue or be sued in its own name. LLP annual compliance standards are significantly less strict.

Unlocking the Power of e-Rupee: A Comprehensive Guide for First-Time Users

Posted by Rashmi 18 July 2023 5294 Views

e-Rupee is a digital form of the Indian rupee, issued by the Reserve Bank of India. It is a legal tender, just like cash, and can be used to make payments and hold value.

NGO: Types, Taxability, Importance and Government Schemes

Posted by CA Aman Rajput 18 July 2023 5643 Views

The word NGO (Non-Government Organization) in India refers to a body that remains detached from the Government and profit framework of usual businesses.

Due Date of First AGM

Posted by CS Ayushi shah 17 July 2023 112751 Views

Section 96 of the Companies Act 2013 says that AGM should be held in 9 months from the closing of the Financial Year in case of FIRST AGM. In any other case, it should be held within a period of 6 months from the date of closing of the Financial Year.