CAclubindia Articles

Recent ITAT rulings on Royalty and Fees for Technical Services

Posted by CA Rakesh Ishi 19 April 2023 5239 Views

ITAT held that the usage of Microsoft license and service desk facility dealing with IT incidents will not be treated as royalty and Fees for Technical Service (FTS).

The Career Path To Being A Quantitative Analyst

Posted by Shree 19 April 2023 4767 Views

Quantitative analysts (quant analysts or quants) are financial professionals who develop and implement the various mathematical models used by investment banks, hedge funds, and other financial firms to analyse the markets, price assets, make investment decisions, manage risk, and measure performance.

Consequence of non-compliance with w.r.t maintenance of Books of Accounts, Statutory Registers and Minutes Book

Posted by Affluence Advisory 19 April 2023 5781 Views

In recent times, ROC has been diligently suspecting the non-compliance and passing stringent orders against the Company and its Directors. Therefore it has become important for the Company and Directors to ensure Compliance in true spirit and letter.

Components of Annual Return

Posted by Ishita Ramani 19 April 2023 3305 Views

The term "Annual Return" refers to the returns on an investment that are computed as a percentage of the initial investment over the period of a year. A gain on the initial investment occurs when the return is positive.

Strategies for preventing Financial Fraud in 2023

Posted by CA Sanat Pyne 19 April 2023 2476 Views

Financial fraud refers to any illegal or unethical activity that is committed with the intent to deceive or defraud individuals or organizations for financial gain. Financial fraud can take many forms, such as identity theft, credit card fraud, investment scams, embezzlement, and money laundering.

Most Commonly Used TDS Sections along with TDS Rates and Threshold Limit

Posted by CA. Bhavik P. Chudasama 19 April 2023 15960 Views

Tax Deducted at Source (TDS) is a mechanism of collecting income tax at the source of income itself. TDS is applicable to various types of payments such as salary, interest, commission, rent, etc.

An In-Depth Look at the Audit of Accounts Receivable and its Impairment Assessment

Posted by CA Sanat Pyne 19 April 2023 3014 Views

Accounts receivable refers to the money owed by customers to a business for the goods or services they have purchased on credit. It is an important part of a business's working capital and represents the amount of cash that the business can expect to receive in the near future.

Valuation of Start-ups

Posted by Geetanjali Pandey 18 April 2023 3739 Views

Start-ups as the name suggest any venture which is going to start or at stage of development or just emerged an innovative idea or technique.

The Rise of Paid Online Gaming: Understanding Taxation in the Digital World

Posted by Aisha 18 April 2023 5157 Views

In this blog, we will explore the taxation of paid online gaming and discuss how it differs from traditional gaming. We will also delve into the various taxes that may apply to online gaming and examine the legal and regulatory landscape for online gaming taxation.

Income Tax Amendments applicable for AY 2023-24 (FY 2022-23)

Posted by Geetanjali Pandey 18 April 2023 18136 Views

This article will outline some of the important amendments made by Finance Act, 2023 which is applicable for FY 2022-23 (AY 2023-24) which we need to take care of while filing ITR of AY 2023-24.