CAclubindia Articles

Policy initiatives for MSME taken by goverment

Posted by CS Lalit Rajput 07 January 2022 2158 Views

To provide immediate relief to the MSME sector, various announcements (in addition to the various MSME schemes) have been made under the Atmanirbahar Bharat Package.

Data analysis in insurance business

Posted by CA Amrita Chattopadhyay 07 January 2022 2465 Views

In this article, we would discuss some data analytics procedures which can be applied while taking up Insurance audit assignments.

Recent notices on foreign relief disallowance (FCRA)

Posted by Taxblock 07 January 2022 1293 Views

The FCRA license is a mandatory registration granted to an NGO or any other nonprofit making organization which allows them to receive funding from abroad.

How can you File an ITR after the Due Date and What are its Consequences?

Posted by Neethi V. Kannanth 06 January 2022 11058 Views

Are you one of those who has missed filing the return of income before the deadline of 31 December, 2021 and wondering if you can still file the return? If so, push your worries aside, as you can still file the return of income.

ITC - Is the meme stock worth its weight?

Posted by Shubham 06 January 2022 7288 Views

In the social media-driven age, most of us would have come across memes relating to the stock of ITC Limited. These are mainly fuelled by the fact that despite being one of the favourite stocks of the fundamental analysts, the stock price has been relatively flat as compared to the market as a whole.

Use of framework in preparation and presentation of Financial Statements

Posted by CAFinal Intros 06 January 2022 5708 Views

Framework in general is a statement of generally accepted theoretical principles which form the frame of reference for a particular field of enquiry.

Important Updates and Due Date Compliances under GST for January 2022

Posted by Tarun Kr. Gupta 06 January 2022 9854 Views

Please find below the important clarifications/ amendments issued by the Government on GST in December 2021 along with compliance timelines in January 2022

Why Should I Save Money? Is Saving Important?

Posted by Dibyanshu Dhanuka 06 January 2022 3616 Views

Why should one save money? I earn enough to meet my monthly expenses so why should I save? Is saving important? Why not live paycheck by paycheck? These are some of the questions that we are going to discuss in this article.

Relief under double taxation avoidance agreement

Posted by FCS Deepak Pratap Singh 06 January 2022 2033 Views

The Income Tax Act, 1961 provides for taxation of a certain income earned in India by Mr. X a non-resident. The DTAA, which applied to Mr. X provides for taxation of such income in the country of his residence. Examine, is Mr. X is liable to pay tax on such income earned by him in India?.