CAclubindia Articles

SOP for delisting of Subsidiary Company

CS Tanveer Singh Saluja 15 July 2021 at 13:00

SEBI has issued a Circular to bring into action Standard Operating Procedures for listed subsidiary companies desirous of getting delisted, through a Scheme of Arrangement.

Scrutiny of GST Data Begins and GST Department Steps up The Heat On The Assessees

CMA Navneet Kr Jain 15 July 2021 at 09:13

Communication regarding Scrutiny of GST Data reads as - "GST scrutiny issues communicated by EIU for the period 2017-18 is forwarded herewith (find attachment) for your information.'

Zomato IPO - Know All About It!

Neethi V. Kannanth 14 July 2021 at 14:12

The offer comprises of a fresh issue of Rs 9,000 crore and the sale of shares worth Rs 375 crore by existing investors. Rs 6,745 crore will be used to fund the company’s organic and inorganic growth initiatives.

Brief overview of the RBI Retail Direct Scheme dated July 12, 2021

Prashant Shah 14 July 2021 at 09:28

Retail investors will have the facility to open and maintain the 'Retail Direct Gilt Account' with RBI. RDG Account can be opened through an 'Online portal' provided for the purpose of the scheme.

Practical Examples on CBDT Circular on TDS on Purchase of Goods u/s 194Q

Mayank Mohanka 14 July 2021 at 09:28

Explaining all the significant clarifications/guidelines issued by CBDT regarding the implementation of the provisions of section 194Q w.e.f. 1.7.2021 with practical illustrations.

Valuation of land for GST in real estate project

Abhishek Raja 14 July 2021 at 09:26

In respect to Land & Building, GST Laws have 'deeming provisions' in Schedule-II of the CGST Act. Thus, excluding those 'deemed supply' provisions, GST cannot be imposed on other transactions relating to Land & Building.

No TDS u/s 194J on Payments for Software Purchase

CA AMIT KUMAR SHARMA 14 July 2021 at 09:26

As Per notification no. 21/2012 dated 13.06.2012 no deduction of tax shall be made on certain payments by a person for the acquisition of software from another person.

Commit or Quit

CA Anurag Sharma 14 July 2021 at 09:23

When you commit to something then the question of quitting should never arise. You just have to be better in that field each and every day. Excuses won't make you great after your commitment to your goal.

Some Gold Glitters More - Sovereign Gold Bonds and its Taxation Decoded

CA Nitesh Buddhadev 14 July 2021 at 09:23

India’s Gold Reserve is the ninth highest in the world. Gold has always been an attractive investment for centuries. The Government of India issues Sovereign Gold Bonds through RBI.

Briefing Cryptocurrencies - An Indian Viewpoint

Udit Vyas 14 July 2021 at 09:21

The Indian Stock Market size as on July 2021 is around $3 Trillion whereas comparatively, the total Cryptocurrency Market size is above $2 Trillion. Let us discuss the impact of cryptocurrencies in India.