CAclubindia Articles

Section 15 of CGST Act 2017: Value of Taxable Supply

Posted by Harsh Kaushik 10 May 2023 9150 Views

Section 15 of the CGST ACT 2017 talks about the Value of Supply of Goods or Services or Both shall be the Transaction Value, Which is the Price actually paid or payable for the supply of goods or services or both where the supplier and recipient of the supply are not related and the price is the sole consideration for the supply.

Uncovering India's Hidden Billions: Your Guide to Reclaiming Unclaimed Deposits

Posted by Rashmi 10 May 2023 2292 Views

India has a hidden wealth of unclaimed deposits worth billions of rupees lying dormant in banks and financial institutions. Many people, due to various reasons, forget about their old bank accounts, investments, shares, and dividends, which ultimately become unclaimed deposits after 10 years of inactivity.

Amnesty Scheme: GSTR-10

Posted by CA Ashutosh Khaitan 10 May 2023 5569 Views

Form GSTR-10 is final return which is required to be filed by Regular taxpayers [Including SEZ unit/SEZ developer whose GST registration has been cancelled.

Ind AS 103 on business combination

Posted by P.R. Sethuraman 09 May 2023 218494 Views

�Comb� as everybody knows is used to untangle, arrange smooth out, straighten and neaten the hair by drawing the comb through it. Therefore, the �comb�, in the context of �Business combi

7 mistakes to avoid while filing GST returns

Posted by Ishita Ramani 09 May 2023 7280 Views

When it comes to filing a Goods and Service Tax (GST) return, taxpayers need to exercise caution to prevent the inconvenience of unnecessary reconciliation. Therefore, it is important to understand the common mistakes to avoid while filing GST returns. But before focusing on mistakes, let us first understand what a GST return is and the various types of GST returns.

Importance of Career Guidance: Exploring CA Avenues and Opportunities

Posted by CA Rakesh Ishi 09 May 2023 3886 Views

Career guidance is an essential aspect of a student's life, especially when it comes to choosing the right career path in commerce. Commerce is a broad field with numerous career options, and students need proper guidance to make informed decisions.

Income Tax on Non-Resident Indians who sell House Property in INDIA

Posted by Affluence Advisory 09 May 2023 5207 Views

Capital Gains Tax applies if Non-Residents sell any House Property in India. The Tax is payable on gains depending on whether it is Long Term Capital Gains or Short Term Capital Gains.

MSME should do this for recovery of their Delayed Payments

Posted by CA Umesh Sharma 08 May 2023 6188 Views

Government under the Ministry of MSME has introduced the "MSME Samadhaan-Delayed Payment Monitoring System" Scheme, which aims to resolve disputes related to delayed payments by launching an online platform called the MSME Delayed Payment Portal regulated by Micro Small Enterprises Facilitation Council (MSEFC).

SEBI introduces LEI System

Posted by CS Lalit Rajput 08 May 2023 3752 Views

SEBI has introduced 'Legal Entity Identifier' (LEI) system for issuers who have listed or proposed to list non-convertible securities (NCS), securitised debt instruments and security receipts.

GST implications on out-of-court settlement

Posted by Member (Account Deleted) 08 May 2023 8237 Views

Out of Court Settlement is resolution of a legal dispute which takes place outside of a court proceeding or before the court comes to a final decision.