CAclubindia Articles


Statutory Auditor can't accept assignment of "Compilation of Financial Statements from Books of Accounts" of Auditee Company

Posted by Mahavir Kapshe 23 May 2023 8040 Views

Statutory auditors play a crucial role in upholding the accuracy and reliability of financial statements for companies. To ensure their independence and integrity, the Companies Act, 2013, includes provisions that regulate the activities of statutory auditors. S



Payment of tax, interest, penalty and other amounts under GST

Posted by CA Varun Chadha 22 May 2023 16730 Views

Payment of tax, interest, penalty and other amounts under GST in 10 points



RBI to Withdraw Rs 2000 Banknotes: What You Need to Know?

Posted by CA Harshit Goyal 22 May 2023 2806 Views

The Reserve Bank of India (RBI) has recently made a significant announcement that will impact the way we handle our currency. In a move to maintain a robust and efficient currency circulation system, the RBI has decided to withdraw the ₹2000 denomination banknotes, which were introduced in 2016 after the historic demonetization move.



Penalty of Rs. 20 lakh on non-appointment of CS

Posted by CS Divesh Goyal 22 May 2023 3926 Views

Section 203 of the Company Act of 2013, as amended by Rule 8 (Appointment and Remuneration of Managerial Personnel) Rule of 2014.



Exploring Unique Fields for CA Students and Practical Ways to Enroll

Posted by CA Rakesh Ishi 22 May 2023 13028 Views

If you're a CA student in India seeking unique career opportunities, there are several exciting fields you can explore.



Expected key points to be discussed in the upcoming GST Council Meet

Posted by Abhishek Raja 22 May 2023 8355 Views

GST Council to meet on June 22-23 to discuss key issues. The GST Council is scheduled to meet on June 22-23 to discuss a number of key issues, including the extension of the compensation cess, rationalization of rates, and the implementation of e-way bill 3.0.



Income Tax Return for AY 2023-24: Major Update for ITR Filters

Posted by Pranab Banerjeepro badge 22 May 2023 7389 Views

If you file your income tax return (ITR File) every year, you need to read this update. The ITR-2 offline form has been issued by the Inland Revenue Department for filing income tax returns for the tax year 2022-23 (A.Y 2023-24).



TCS on Credit Card Payments: Impact on International Transactions and How to Navigate the Changes

Posted by CA Krishna Kumawat 22 May 2023 9319 Views

With the recent amendments in the Foreign Exchange Management Act (FEMA), international credit card spending now falls under the Reserve Bank of India's (RBI) Liberalised Remittance Scheme (LRS).



RBI Withdraws Rs 2,000 Banknotes - FAQs and Guidelines

Posted by Rashmi 20 May 2023 7655 Views

The Reserve Bank of India has announced that it will no longer circulate the Rs 2,000 currency notes.



Taxation for NRI in India

Posted by Poojitha Raam Vinay pro badge 20 May 2023 5450 Views

Non-Resident Individual is an individual who is not a resident of India for tax purposes.




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