CAclubindia Articles

What is not included in the definition of Capital Asset?

Ritik Chopra 11 September 2021 at 09:35

While computing income under the head income from capital gains, the most important thing to understand is the definition of a capital asset. However, let us discuss certain assets which are not considered capital assets.

Procedure For Implementation Of Section 51A Of The Unlawful Activities (Prevention) Act, 1967

FCS Deepak Pratap Singh 11 September 2021 at 09:34

It is necessary to take strict steps to curb the nexus of ML and Terrorism. The government to coup with above has made changes in the Anti Money Laundering Act, 2002 and Unlawful Activities (Prevention) Act, 1967.

How to Study while Working without getting Distracted?

Varsha Nayyar 11 September 2021 at 09:34

Every CA/CS/CMA or other working professional doing studies with a Job/Articleship faces a problem in juggling studies with office work and personal life. Here are some tips to get more productive while studying.

Analysis of provisions governing disqualification of director

FCS Deepak Pratap Singh 11 September 2021 at 09:34

The Companies Act, 2013, SEBI (LODR) Regulations, 2015 and other acts have specified some disqualifications on occurring of which a person cannot be appointed as director of a company.

PFRDA has amended NPS investment rules through circular dtd. 26th Aug 21

FCS Deepak Pratap Singh 11 September 2021 at 09:34

Now the subscribers of NPS can remain in this investment medium after the age of 60 years or after their superannuation. Also, people above the age of 65 who want to open a new account in NPS can also do so.

Presumptive taxation scheme for professionals - Section 44ADA of the IT Act 1961

FCS Deepak Pratap Singh 11 September 2021 at 09:34

A person adopting the presumptive taxation scheme can declare income at a prescribed rate and, in turn, is relieved from the tedious job of maintenance of books of accounts and also from getting the accounts audited.

Recent Amendments under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Brajesh Kumar 11 September 2021 at 09:28

Amendments in the provisions of IDs in relation with Appointment, Resignation, Removal, D&O Insurance, Cooling–off period and Declaration by IDs.

FEMA (Foreign Exchange Management Act, 1999) And RBI Compliances

Neha Rajan Redekar 10 September 2021 at 17:05

FEMA aims at facilitating external trade, payments and for promoting the orderly development and maintenance of foreign exchange markets in India.

Conversion of partnership firm into LLP

CS Divesh Goyal 10 September 2021 at 14:00

Partnership firms are at a disadvantage when compared to the newly introduced LLP as they do not provide limited liability protection for the partners, separate legal entity status, and ease of ownership transfer etc.