CAclubindia Articles

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 112742 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.

Calculation of capital gains on shares when the cost of purchase is unknown

Posted by Nikita Agarwal 17 July 2023 8813 Views

Calculating capital gains on shares when the cost of purchase is unknown can be challenging. However, there are a few methods you can use to determine the cost of acquisition and calculate the capital gains.

All about DRC-03 GST

Posted by Aarti Pathak 17 July 2023 26828 Views

DRC-03 is a form under the GST law that is required to be filed for voluntary tax payments towards demand or tax shortfall noticed later on after the time limit to file returns of a financial year expires.

How to Draft an Appeal under GST?

Posted by Akash Gupta 17 July 2023 168728 Views

Any appeal under any law is an application to a higher court for a reversal of the decision of a lower court. Let us understand the steps to draft an appeal under GST.

Difference between GSTR-1 and GSTR-3B

Posted by Ishita Ramani 17 July 2023 32023 Views

Taxpayers file several types of GST returns annually, but this blog will focus on GSTR-1 and GSTR-3B. This article will explore the differences between the two....

Depreciation allowance under section 32 of the Income Tax Act, 1961

Posted by CA CMA CS Ram Pavan Kumar Melam 17 July 2023 521697 Views

Depreciation is an allowance on capital assets acquired and put to use and not an expenditure unlike repairs to machinery, plant or furniture. It need not be incurred by the assessee

Family Ties and Corporate Finances: Understanding Loans from Directors and Relatives

Posted by Pankaj Devnani 17 July 2023 3270 Views

When the lines blur between personal and corporate finances, questions about conflicts of interest and fairness arise. Loans from directors and their relatives pose intriguing challenges, emphasizing the need to navigate this terrain with care and comprehension.

Cost Audit And Records - Section 148 Of The Companies Act, 2013

Posted by Neha Redekar 17 July 2023 108006 Views

The Companies (Cost Records and Audit) Rules, 2014 are applicable to every registered company which is engaged in the production of goods or providing services listed in Table-A or Table-B of Rule 3.