CAclubindia Articles

Section 177 of Companies act 2013: Whistle blower policy

Posted by Tanuj Chandra Saxenaa 11 December 2021 38668 Views

Companies considering the interest of all its well-wishers, who want to report genuine concerns within the organization, implements the Vigil Mechanism/Whistle Blower Policy.

Audit of Banks: Statutory Audit of Banks & LFAR

Posted by Tanuj Chandra Saxenaa 11 December 2021 17660 Views

Statutory Audit is a type of audit which is mandated by a Law or a Statute to ensure the books of accounts presented to the regulators and public are true and fair.

GST Procedure related to demands and recovery

Posted by Abhishek Raja 11 December 2021 8971 Views

The incidence of short payment and non-payment of tax, wrong availment of Input Tax Credit, etc. may be because of an inadvertent bona fide mistake (Normal Cases) or it may be a deliberate attempt (Fraud Cases) to evade the tax.

Export LC and its challenges

Posted by Reeta Sharma 11 December 2021 5196 Views

Exporting goods across borders is complex and exposes a wide range of risks of non-payment from the buyers.

Legality of roping in an unconnected third party in the rigors of an Income Tax Search and Seizure action

Posted by CA.Mohit Gupta 10 December 2021 4761 Views

Bank Lockers- Income Tax Search and Seizure

Change of registered office of a LLP

Posted by Tanuj Chandra Saxenaa 10 December 2021 31138 Views

The partners need to check the LLP agreement, in case it provides for the procedure for shifting the registered office of the LLP. In case no procedure is prescribed, obtain consent of all partners regarding change of registered office.

An introduction to Eway Bill

Posted by Tanuj Chandra Saxenaa 10 December 2021 7611 Views

E-Way Bill is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that is generated on ewaybillgst.gov.in.

Role of artificial intelligence in accounting

Posted by Tanuj Chandra Saxenaa 10 December 2021 9124 Views

As Artificial Intelligence works for every industry, it certainly has a significant impact on the accounting and finance industries as well.

Conversion of Sole - Proprietorship into private limited company

Posted by Tanuj Chandra Saxenaa 10 December 2021 2335 Views

A Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, it is a good form of business for individuals who want to start small but as business grows it necessitate converting it into some greater form for greater advantages.

Legal Provisions for Checklist and Closure of LLP or Strike off of an LLP

Posted by Tanuj Chandra Saxenaa 10 December 2021 7999 Views

Rule 37 of the Limited Liability Rules, 2009 deals with the striking off name of Defunct LLP. Defunct means those LLPs which are not functioning or not operating.