CAclubindia Articles

Gujarat High Court Delivers Two in One Reliefs for Real Estate Industry in India

Posted by CA Ankit Gulgulia (Jain) 11 May 2022 7375 Views

On 6th May, 2022, The Hon'ble Gujarat HC delivered a 'soothing to the sight' of developers and builders judgement in case of MUNJAAL MANISHBHAI BHATT VERSUS UNION OF INDIA 2022 (5) TMI 397 wherein it has in principal addressed to two issues of GST on Real Estate.

Revision for Accounting Standards - CA Intermediate (Part 6)

Posted by Poojitha Raam Vinay

10 May 2022 2864 Views

Revision for AS - CA Intermediate (Part 6)

Concept Of Deductible & Co-Payment Under Insurance

Posted by FCS Deepak Pratap Singh 10 May 2022 1505 Views

Insurance is a valuable method of transfer and reduction of risk. We generally transfer our risks to the insurance companies on the basis of payment of a small consideration called premium.

Permission under FEMA is required to offer securities to companies of neighbouring countries

Posted by FCS Deepak Pratap Singh 10 May 2022 1611 Views

Permission under FEMA is required to offer securities to companies of neighboring countries or countries sharing borders with India

Income Taxpayers Will Face the Heat of Reassessment!

Posted by CA Umesh Sharma 09 May 2022 6994 Views

The income tax department had issued notices u/s 148 for reassessment proceedings. CBDT's notification No. 20/2021, dated 31-03-2021extended the last for issuance of notice u/s 148 upto 30.06.2021. The Assesses challenged the validity of such notices in High Courts and relief was granted to Assesses to which Special Leave Petition was filed by CBDT.

Explained Gratuity in the Simplest Way!

Posted by Amit Kumar 09 May 2022 5042 Views

In this article, we will discuss everything about gratuity, from the definition, gratuity calculation formula, to its eligibility.

Is Registration Under GST Mandatory?

Posted by InstaFiling Team 09 May 2022 10638 Views

The Tax Identification Number, now known as the GSTIN is a 15 digit unique code that is assigned to every business that registers itself under the GST. You can apply for a GSTIN by registering for GST which is a cost-free process facilitated by the Government of India.

CBDT notifies e-settlement scheme, 2021 - Overview

Posted by CS Lalit Rajput 07 May 2022 2262 Views

CBDT vide Notification No. 129/2021/ F.No. 370142/52/2021-TPL (Part IV) dated 01.11.2021, in exercise of its power under section 245D (11) & 245D (12) of the Income-tax Act, 1961 has issued a Scheme may be called the e-Settlement Scheme, 2021 to settle pending income-tax settlement applications transferred to a settlement commission.

Important Updates and Due Date Compliances under GST for November 2021

Posted by Tarun Kr. Gupta 07 May 2022 4951 Views

Important clarifications/ amendments issued by the Government on GST in October 2021 along with compliance timelines in November 2021

Hedge Accounting

Posted by Jerold Ferreira 07 May 2022 5233 Views

A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting or opposite positions in a related security.