CAclubindia Articles

Understanding the Taxability of ESOP Gains

Taxblock 09 September 2021 at 09:37

ESOPs can be issued to permanent employees of parent or subsidiary company working in India or outside India and directors of the company including whole time or part time director but not including independent director.

Neo Banks - A New Era in Banking

Poojitha Raam Vinay 08 September 2021 at 15:49

A new era in banking is where banking activities are done through a digitized mechanism. Neobanks are fintech firms, that is to say, digital banks without any physical branches.

The series: Lets go International - Part 1

CMA Mrudula M 08 September 2021 at 15:10

Countries offer various commerce professional courses some of which have wide global scope and acceptance. In this series, we will be taking a look at 4 widely accepted international professional courses.

SEBI introduces T+1 settlement cycle for stocks on optional basis

CS Tanveer Singh Saluja 08 September 2021 at 11:51

The settlement cycle is shortened after keeping in view the requests from various stakeholders and discussions with Stock Exchanges, Clearing Corporations and Depositories.

GST Exemption upto Rs.7500 to Residential Welfare Association

CA Roopa Nayak 08 September 2021 at 09:41

The recent judgment of the HC in Greenwood Owners Association vs. UOI has held that it is only contributions to RWA in excess of Rs.7,500/- that would be taxable under the GST Act.

DSC Requirement removed by CBDT for e-filings

CS Lalit Rajput 08 September 2021 at 09:40

The amended Rules mandate that electronic records submitted through the registered account of the taxpayers in the Income Tax Department’s portal shall be deemed to have been authenticated by the taxpayer by EVC.

Corporate Compliance Calendar for the m/o September, 2021

CS Lalit Rajput 08 September 2021 at 09:29

Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of September 2021.

Retrospective Taxation in India

Taxblock 08 September 2021 at 09:27

On 5th August 2021, The Taxation Laws (Amendment) Bill, 2021 proposed to remove the provisions of retrospective effect of tax completely. This step had resolved the problem of 17 industries.

Mistakes one should avoid while filing Income Tax Return (ITR)

Taxblock 08 September 2021 at 09:27

While the filing of ITR has several advantages but committing minor mistakes may sometimes attract huge penalties therefore one should be cautious while filing his own ITR.

How To Deal With Failure In CS Exam?

Tushar Pahade 08 September 2021 at 09:27

Students should not emphasize their poor results and understand that the only way is to go through the situation well with a cool mind and prepare effectively, not to repeat themselves and get positive results.