CAclubindia Articles


Some facts related to bank guarantees

  FCS Deepak Pratap Singh    21 February 2022 at 08:40

A bank guarantee or also known as BG is a legal document issued by a bank or a financial institution to assure exporters/sellers/suppliers that they would be paid on time if the applicant/importer/buyer fails to pay the amount or fulfill the terms & conditions mentioned in the contract.



TDS on purchase of goods

  CA AJIT YADKIKAR    21 February 2022 at 08:40

The Finance Act 2021 has inserted a new section 194Q to provide for TDS by person responsible for paying any sum to any resident for purchase of goods of the value in excess of 50 Lakhs.



Exclusive jurisdiction of MACT in motor accident cases

  FCS Deepak Pratap Singh    21 February 2022 at 08:40

In 1988 Motor Vehicle Act, 1988 was passed by the parliament of India. This act is responsible for covering all the aspects that are related to road transport vehicles. Furthermore, this act provided licensing to the conductors and the drivers as well as registration of motor vehicles.



Conditions for claiming ITC under GST

  Aarti Maurya    19 February 2022 at 07:04

"Input tax" in relation to a registered person, means the central tax, state tax, or union territory tax charged on any supply of goods or services or both made to him, it does not include the tax paid under the composition levy. "Input tax credit" means the credit given on input tax. 



Strategic management of CA student, values more than 50 marks

  isha pandey    18 February 2022 at 08:56

I hope this brings a new perspective of viewing and thinking over this amazing subject. Or at least revising strategic management a bit.



Best Judgment Assessment and Income Escaping Assessment

  Neethi V. Kannanth    18 February 2022 at 08:56

Best Judgment Assessment under section 144



The Curious Case of Missing Elaichi (Cardamom) in my Paan (Betel Leaf)

  Mayank Mohanka    17 February 2022 at 17:23

(Ramu Kaka, please give me my special sweet Pan, without betel nut)", I told our next door ‘Pan wala' (Pan vendor), Ramu kaka, while returning from my late evening stroll, after my dinner.



Amendments made by SEBI relating to related party transactions

  Ramaswami Kalidas    17 February 2022 at 12:36

The law relating to Related Party Transactions(RPTs) got murkier and tougher under SEBI Regulations - An analysis of the Amendments made in recent times



Claim cannot be denied on the basis that vehicle has transferred

  FCS Deepak Pratap Singh    17 February 2022 at 08:37

Claim cannot be denied to the seller of the vehicle on the fact that the vehicle is sold to another person unless the sale is complete and ownership of the vehicle is transferred to buyer.



Sec 35DD: Amalgamation/Demerger expenses will be allowed to resulting company

  FCS Deepak Pratap Singh    17 February 2022 at 08:37

The ruling of Delhi High Court will be much-needed support to the corporate world. This will help smooth restructuring of companies and claiming of restructuring expenses




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