CAclubindia Articles

Go Global with the knowledge of IPSAS - Internationally accepted Accounting Language for Governmental Accounting

CA. (Dr.) Rajkumar Adukia 11 November 2021 at 09:31

International Public Sector Accounting Standards are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.

Section 80EEB of Income Tax Act

Mohit Mishra 11 November 2021 at 09:31

Deduction u/s 80EEB is only available to individual taxpayers. Check out under which tax regime is available.

Concept Of Deductible & Co-Payment Under Insurance

FCS Deepak Pratap Singh 11 November 2021 at 09:31

Insurance is a valuable method of transfer and reduction of risk. We generally transfer our risks to the insurance companies on the basis of payment of a small consideration called premium.

What are the Key Skills a Fresher CA should list in their Resume?

Ritik Chopra 10 November 2021 at 10:09

A Fresher CA needs much more than the prefix. These include the skills and qualities which perfectly fit the candidature of any organization as well as prove them to be analytically sound.

Post Income Tax Search and Seizure findings of incriminating material and undisclosed income

CA.Mohit Gupta 10 November 2021 at 10:08

A vital question arises at this juncture and is also a matter of prolonged litigation as to whether the reasons to believe can come into existence after the issuance of a warrant of authorization.

Maintenance of Books of Accounts

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

Section 44AA(1) prescribes compulsory maintenance of such books of accounts and other documents which will enable the AO to compute the total income in accordance with the provisions of the Income Tax Act.

All about the Paytm IPO - The Biggest IPO in History of India

Neethi V. Kannanth 10 November 2021 at 09:34

Paytm is available at a price of Rs 2,300 in the grey market, a premium of Rs 150 or 7 percent over the upper price band of Rs 2,150 per share, as per the IPO Watch.

Tax Saving Investment option available to Salaried Individuals

Rishabh Khandelwal 10 November 2021 at 09:31

The most important section in Income Tax Act, 1961 that lays down various products/options available to taxpayers is Section 80C. The total admissible deduction under Section 80C is Rs.150,000.

Conversion Procedure for Section 8 Company

CS Rajnish Pandey 10 November 2021 at 09:30

As per Rule 7(1) of the Companies (Incorporation) Rules 2014, a Section 8 Company cannot be converted into a One Person Company. It can only be converted into a Private Company or Public Company.