CAclubindia Articles

Features of Marine Insurance

Posted by FCS Deepak Pratap Singh 09 January 2022 5340 Views

The Marine Insurance act, 1963, is designed to regulate the transactions of marine insurance businesses of hull, cargo and freight.

Scope of Order for Rectification u/s 154 of the Income Tax Act

Posted by CA, CPA (USA) Shikhar Garg 09 January 2022 7957 Views

This section is a neutral provision, neither revenue friendly unlike section 263 nor assessee friendly unlike section 264 of the Act. But it has limited application, since it is bound by the wording of "Mistake apparent from records"

Corporate Compliance Calendar for the m/o January, 2022

Posted by CS Lalit Rajput 08 January 2022 4005 Views

Corporate Compliance Calendar for the m/o January, 2022

Amendment in Residential Status as per Finance Act, 2020

Posted by Neethi V. Kannanth 08 January 2022 7182 Views

Determination of Residential Status is the key to determine the tax liability. There has been an amendment to Section 6 of the Income Tax Act, 1960 which deals with Residential Status as per Finance Act,2020.

Persons entitled to payment under an insurance policy

Posted by FCS Deepak Pratap Singh 08 January 2022 4347 Views

The insurance provides us short range as well as long range relief. The short-term relief is aimed at protecting the assured from loss of property and life. The long-term object being industrial and economical growth of country and the society.

Quick Steps to file EPS Nomination

Posted by CS Lalit Rajput 08 January 2022 4319 Views

EPFO members should file e-nomination for EPS to provide Social Security to their families. The scheme is provided by the Employees’ Provident Fund Organisation (EPFO) and ensures that employees receive a pension once they attain the age of 58 years old.