CAclubindia Articles

Tax implications on unlisted shares to both investors and the company

Posted by Nikita Agarwal 27 July 2023 6058 Views

Investing in unlisted shares in India can have various tax implications, both at the time of acquisition and when selling or transferring these shares. U

GST Refunds on Cancelled Contracts: Supplier Obligations Explained

Posted by Vivek Jalan 27 July 2023 4851 Views

Incase of cancellation of contracts, the supplier cannot sit on refund of GST to the recipient, pending receipt of refund from the GST Department

International Taxation: Taxation of Non-residents Shipping Business- Section 172 of the Act

Posted by CA Mehul Thakker 26 July 2023 10309 Views

In this article, we discuss about another code under the Income Tax Act, that governs the taxation of non-residents' shipping business which has an overriding effect over all the provisions of Income Tax Act including section 44B.

FLA Return - Annual Return on Foreign Liabilities and Assets

Posted by CS Lalit Rajput 26 July 2023 21297 Views

Annual Return on Foreign Liabilities and Assets (FLA Return) - An Analysis (Key Points, FAQ's and Important Definitions)

Intermediary Services remain in limbo

Posted by CA Akshay Hiregange 26 July 2023 2432 Views

In this article we understand the implications of the larger bench decision of Dharmendra M. Jani in the Hon’ble Bombay High Court and the way forward for such service providers.

The 12% Club

Posted by Nikhil Kothari 26 July 2023 363836 Views

The 12% Club is a technology-based application for borrowing and lending funds powered by Bharat Pe.

Follow these 4 Tips for Getting Personal Loan Approval

Posted by Shree 26 July 2023 1355 Views

Here are a few tips that prospective applicants should consider to increase their chances of getting personal loan approval

Adjudication Penalty for Late Filing of Financial Statement and Annual Return

Posted by CS Divesh Goyal 26 July 2023 13140 Views

According to Section 137(1) (Copy of financial statement to be filed with Registrar) of the Company Act 2013, A copy of the financial statements, including consolidated financial statement duly adopted at the annual general meeting of the company, shall be filed with the Registrar within thirty days of the date of annual general meeting.

Leave Travel Concession Claim: Provisions, Documents and Frequency

Posted by Nikita Agarwal 26 July 2023 5289 Views

LTC (Leave Travel Concession) is a tax benefit provided by the Indian government to salaried individuals for expenses incurred on travel. The LTC is primarily applicable to government employees, employees of public sector companies, and some private sector employees, depending on their employer's policies and the prevailing tax regulations.