CAclubindia Articles
Reverse Charge Mechanism and Accounting Entries for RCM in GST
The article cover list of GOODS and SERVICES, Time of Supply under RCM and also RCM Accounting Entries
GST Registration for OIDAR Services
The term OIDAR services, which stands for Online Information and Database Access or Retrieval services, pertains to services provided through the internet or electronic networks with minimal human involvement.
A Comprehensive Guide to Claiming HRA Tax Exemption: Essential Aspects of Your Rent Agreement
Salaried individuals can avail tax exemption on house rent allowance (HRA) if they live in a rented house, pay rent, and possess the necessary valid documents. However, many people are unaware that their rent agreements should include specific clauses to ensure that their HRA tax exemption, claimed during income tax return (ITR) filing, is not rejected by the income tax department.
Audit of educational Institutions
Audit of books of educational institutions i.e. Schools, Colleges, Universities etc is known as audit of educational institutions. This type of audit comes under the category of special audit.Generally, the procedures for auditing is same like other
Internal Financial Controls (IFC)
As per Section 134 of the Companies Act, 2013 (the Act), the term 'Internal Financial Controls' means the policies and procedures adopted by the company
Understanding the concept of Body Corporate
A Body Corporate includes all companies including companies incorporated outside India as well as incorporated in India, except for a Co-operative Society.
SEBI's Informal Guidance: Applicability of BRSR
The Company sought an interpretative letter from the SEBI under the SEBI (LODR) Regulations, with a view to seek clarification for the doubts regarding the applicability of Business Responsibility and Sustainability Reporting ("BRSR").
Conversion of Limited Liability Company (LLC) to S Corporation
A Limited Liability Company (LLC) is a business structure where the owners are called members. It combines the characteristics of a sole proprietorship, partnership, and corporation.
Incomes which are now reported in AIS for Individuals
The Income Tax Department has announced the roll-out of a statement namely Annual Information Statement (AIS) which would provide you with almost all details about your financial transactions during the year.
Can Taxing Agricultural Income Benefit Farmers in India?
Introducing a slab-based taxation system for agricultural income could be a feasible approach. By doing so, the burden of taxation can be adjusted according to the income levels of the farmers.
Popular Articles
- Individual Income Tax Return Filing Due Dates for FY 2025-26 (AY 2026-27)
- EPFO 3.0 Introduces Faster Claim Settlements and UPI Withdrawals: Latest Update For July 2026
- Kisan Vikas Patra Scheme 2026: Latest Interest, Eligibility, Maturity, Taxability and Investment Benefits
- Senior Citizen After Retirement Must Report These 5 Incomes While Filing ITR for AY 2026-27
- Section 44ADA of the Income Tax Act: Latest Rules and Questions Every Professional Asks
- GST Updates: Last Chance for Taxpayers to Complete FY 2025-26 Process
- PNB FD Interest Rates 2026 for 444 days: Maximize Your Returns Without a Long Lock-In
- Income Tax Demand Notice 143(1): Know Why You Received It and What to Do Next?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
