CAclubindia Articles

Whether GST is leviable on royalty or not?

Posted by CS Advocate Abhishek Goyal 15 June 2022 9065 Views

Royalty is the consideration which is charged by the state government from mine owners on account of excavation from mines which belong to state government.

How to draft reply to ASMT 10 in case of mismatch between 3B and 2A

Posted by CS Advocate Abhishek Goyal 14 June 2022 38376 Views

It is seen that most of the scrutiny proceedings are initiated on the basis of alleged mismatches between the ITC claimed in GSTR-3B and that reflected in 2A for the FY 17-18 in particular. The department has been issuing ASMT-10, DRC-01A and DRC-01 in such cases based on relevant provisions of the Act.

Actuarial Valuation for Accounting of Gratuity Benefits: AS 15 & Ind AS 19

Posted by Rajesh Kumar 14 June 2022 17395 Views

Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of Ind AS 19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies

Important Updates and Due Date Compliances under GST for June 2022

Posted by Tarun Kr. Gupta 13 June 2022 21611 Views

Important clarifications/ amendments issued by the Government on GST in May/ June 2022 along with compliance timelines in June 2022

Role of resolution professionals /liquidators in respect of avoidance transactions

Posted by FCS Deepak Pratap Singh 13 June 2022 3232 Views

The main objective of the Code,2016 is to restructure and resolve insolvency of corporate persons, partnership firms and individuals promptly for leveraging the maximum value of assets of such persons. While proceeding therewith to also promote the entrepreneurship as well as accessibility to credit.

Reduction of tax outgo for Home Buyers

Posted by Affluence Advisory 11 June 2022 4320 Views

In a recent decision of Gujarat High Court in case of Munjaal Manishbhai Bhatt vs UoI & Ors. High Court held that value of land can be excluded from levy of...

The Married Women's Property Act, 1874: Provision Related To Insurance Proceeds

Posted by FCS Deepak Pratap Singh 11 June 2022 3251 Views

MWP Act 1874 played a crucial role in protecting the future of the families.

Feeling of nothingness

Posted by Aarti Maurya 11 June 2022 3228 Views

Questioning your abilities will never bring peace to you. Working on your own betterment and skills will definitely make you a better version of yourself. After sitting with your feeling in an empty room, try to explore yourself. Connect with your loved ones and talk what you feel.

Listen to the Twitter spaces discussion on the changes in CA course

Posted by CCI Team 11 June 2022 6775 Views

Experts of the fraternity say that the proposal is a bold move by the Institute, it makes the course more practical oriented considering the current economic scenario and dynamic global policies by adding subjects relevant to the curriculum.

Compliance Calendar for the FY 2022-23

Posted by Gurleen Kaur 11 June 2022 11434 Views

I am listing down the key reporting forms and due dates for various compliances, which must be filed by all registered businesses, irrespective of their entity structure.