CAclubindia Articles

Hedge Accounting

Jerold Ferreira 08 November 2021 at 09:44

A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting or opposite positions in a related security.

Use of excessive UPI may invite notice from Income Tax & GST Department

FCS Deepak Pratap Singh 08 November 2021 at 09:43

USE OF EXCESSIVE UPI -MAY INVITE NOTICE FROM INCOME TAX/GST DEPARTMENT Dear Friends,We are living in a modern world, where we are using various types of gadget..

Claim cannot be denied to the seller of the vehicle on the fact that the vehicle is sold to another person

FCS Deepak Pratap Singh 08 November 2021 at 09:43

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

3 Upcoming IPOs to Look Forward To

Poojitha Raam Vinay 07 November 2021 at 10:10

In 2021, 46 Companies floated IPOs which raised INR 80,102 crore and expected to raise INR 1 lakh crore by the year end.

The Truth about Investment Banking

Sazal Sharma 07 November 2021 at 10:09

Many professionals believe that investment banking will play an important role in almost every world-changing industry in the near future, as at the end of the day companies will always require large investors and investors will always be will in search of new companies to invest in, so it's safe to say that investment banking will be around for a long time.

Top Skills that CAs must Develop to be Relevant in the Coming Years

Suhani Ahuja 07 November 2021 at 10:09

Some of the most vital skills one should attempt to learn and develop throughout their career if they want to excel in accounting and improve their job satisfaction has been described in this article.

Important Due Date Compliances for the month of November 2021

Neethi V. Kannanth 07 November 2021 at 10:09

Due Dates for Income Tax & GST Compliances for the m/o Nov 21

Section 194P - Tax Deduction in case of a Specified Senior Citizen

CA.R.S.KALRA 07 November 2021 at 10:07

If a resident senior citizen is earning exempt income, like, interest on PPF, agriculture income, the share of profit from the partnership firm, etc. he should not be treated as ineligible for this provision.

Penalty for failure to get accounts Audited Section 271B

CA.R.S.KALRA 07 November 2021 at 10:07

If any person fails to get his accounts audited in respect of any previous year or years relevant to an assessment year or furnish a report of such audit as required under section 44AB, the Assessing Officer may direct that such person shall pay, by way of penalty