CAclubindia Articles

Procedure for Filing Form GSTR 9

Posted by Neethi V. Kannanth 29 June 2022 9232 Views

GSTR 9 is an annual return to be filed yearly by taxpayers registered under GST.

Why do CAs need a Professional Loan?

Posted by Shree 28 June 2022 7763 Views

In this article, we will learn what a Professional Loan for CA is and why a tax professional could need one.

Failure is Medicine

Posted by Sagar Bhaskar 28 June 2022 2939 Views

Just remember that great things take time, so we have to wait for the right time, prepare ourselves much more accordingly, and have faith, patience, and perseverance. time will come promptly.

All about GSTR 3B

Posted by Neethi V. Kannanth 28 June 2022 11098 Views

GSTR-3B is a self-declared summary GST return filed every month (quarterly for the QRMP scheme). Taxpayers need to report the summary figures of sales, ITC claimed, and net tax payable in GSTR-3B.

New TDS Rules to affect Social Media Influencers and Doctors

Posted by Poojitha Raam Vinay

27 June 2022 15704 Views

The new TDS section 194R introduced in the Budget, 2022 shall be applicable from 1st July, 2022, requiring a deduction of 10% by any person (resident or non-resident) who provides benefit or perquisite to a resident person in a year exceeding Rs 20,000 shall be liable for TDS under section 194R.

Roadmap / Blueprint of External Commercial Borrowings- ECBs

Posted by Affluence Advisory 25 June 2022 4089 Views

Globalization has paved way for international financing which helps the organization to engage in cross-border transactions with foreign business partners, such as customers, investors, suppliers, and lenders. Indian companies have an option to mobilize funds through ECB mode from the foreign market to have optimum capital structure.

Section 194R: Tax Deducted at Source on benefits or Perquisites

Posted by Shailesh Prajapati 25 June 2022 9589 Views

The new section mandates a person, who is responsible for providing any benefit or perquisite to a resident, to deduct tax at source @10% of the value or aggregate of value of such benefit or perquisite, before providing such benefit or perquisite.

Income Tax: CBDT issued fresh guidelines under section 194S(6)

Posted by CS Lalit Rajput 25 June 2022 6540 Views

Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes(TPL Division) File No. F. No. 370142/29/2022-TPL (Part-I) vide Income Tax Circular No. 13 of 2022 dated 22nd June, 2022 has released "Circular regarding Guidelines for removal of difficulties under sub-section (6) of section 194S of the Income-tax Act, 1961".

Analysis of provisions of Section 50D of IT Act 1961

Posted by FCS Deepak Pratap Singh 25 June 2022 5908 Views

There are various Advance Rulings relating to specific situations of "Transfer" of "Capital Assets". The provisions of Section 50D has been introduced to nullify above Advance Rulings.