CAclubindia Articles

Section 17(5) of the CGST Act, 2017

CA Amit Harkhani 10 October 2022 at 09:49

As per Section 2(76) of CGST Act, 2017 Motor vehicle shall have the same meaning as assigned to it in clause (28) of section 2 of the Motor Vehicles Act, 1988.

Whether cryptocurrency is goods or service & taxability under GST Act 2017

FCS Deepak Pratap Singh 10 October 2022 at 08:37

As you are aware taxable event in GST is supply of goods or services or both. Various taxable events like manufacture, sale, rendering of service, purchase, entry into a territory of State etc. have been done away with in favour of just one taxable event i.e. supply.

Section 235 of Companies Act - Power to acquire shares of shareholders dissenting from the scheme or contract approved by the majority

Shajathali S 10 October 2022 at 08:37

When a company acquires shares or gets assent from not less than 90% of shareholders of the transferor company, then the transferee company has right to acquire the balance 10% shares from the shareholders those who dissent from the acquisition offer made by the transferee company.

Supply From DTA to SEZ or SEZ to DTA under GST

CA Amit Harkhani 08 October 2022 at 14:01

As per Section 7(5)(b) of the IGST Act, 2017 says that Supply of goods or services or both made to or by a Special Economic Zone developer or a Special Economic Zone unit shall be treated to be a supply of goods or services or both in the course of inter-State trade or commerce.

Case Study - Concept of Risk Management

FCS Deepak Pratap Singh 08 October 2022 at 09:55

QUESTIONMs. Sania, a fund manager at institutional investor - Investo House, was reviewing the annual report of one of the major companies in her portfolio. The..

Checklist for GSTR 9/9A and GSTR 9C

CA Deepak Kumar 08 October 2022 at 08:52

Taxpayer/Consultant should also ensure that company also maintained ''Fixed Assets Register' and also ensure that proper internal control was there for acquisition and disposal of fixed assets and ensure for GST impact on the same.

Due Dates for GST, IT, Companies, PF & ESI Acts - October 2022

Suresh Kumawat 08 October 2022 at 08:52

This article compiles a list of compliance dates related to GST, Income Tax, ESI, and PF Acts, including GSTR-1, GSTR-3B, ITC-04, GSTR-5 & 5A, GSTR-6, GSTR-7, GSTR-8, RFD-10,

Structured Digital Database under SEBI (PIT) Regulations, 2015

Shajathali S 07 October 2022 at 14:54

In the interest of general public, fair trading in securities markets and to prohibit insider trading in corporates and other organizations, Securities and Exchange Board of India (SEBI) has enacted SEBI (Prohibition of Insider Trading) Regulations, 2015, (hereafter referred to as "PIT regulations")

FCRA registration for Foreign Donation

Musharraf Iqbal 07 October 2022 at 08:46

The Ministry of Home Affairs grants the FCRA registration as authorization to regulate foreign donations received by Indian nonprofit organisations. You must register with the Foreign Contribution Regulation Act if you are a registered NGO, charitable trust, or section 8 company and want to receive donations from abroad.

Non-Compliances of Financial Reporting - Assets - Part 2

CA Rakesh Ishi 07 October 2022 at 08:46

OBSERVATIONS1. INVESTMENTS IN EQUITY SHARESIt was observed from the note to the financial statements on Non-Current Investments that the value of investments in..