CAclubindia Articles

Who is a GTA and whether issue of Consignment note is mandatory condition of GTA?

Posted by Samyak Jain 13 April 2022 6706 Views

The applicability of RCM on Freight has brought a great deal of confusion for some people in understanding exactly in what situations the RCM liability under Section 9 (3) of the CGST and SGST Act and under Section 5 (3) of the IGST Act

Health Insurance for all Indians

Posted by CA Ranganatha Achar K 13 April 2022 3620 Views

Health insurance is a state subject which is not been given its due. According to a report of NitiAyogIndia has nearly 30% or 42 crore of its population devoid of any health insurance with actual numbers being higher due to gaps in the existing scheme and overlap between the schemes

Impact of waiver of loan or liability on depreciation claim

Posted by FCS Deepak Pratap Singh 13 April 2022 3262 Views

When a loan taken for acquiring a depreciable capital asset or a part of the purchase price of such capital asset is waived in a year subsequent to the year of acquisition,

How to buy a home without a loan

Posted by Suhasini

13 April 2022 27938 Views

The huge cost incurred in the acquisition of a house is bad but a massive loan spanning over the majority of a person's life isn't any better. This is why today, we explore the financial journey of buying a home without a loan.

SC: A "Going concern sale" on an "as is where basis" means sale of both assets & liabilities

Posted by FCS Deepak Pratap Singh 13 April 2022 4862 Views

A 'going concern sale' on an 'as is where basis' does not dissolve the corporate debtor, rather, it forms a part of the liquidation estate wherein the entire business, including assets and liabilities, including all contracts, licences, concessions, agreements, benefits, privileges, rights, or interests, is transferred to the purchaser.

All About Unit Linked Insurance Plan (ULIP)

Posted by Neethi V. Kannanth 12 April 2022 4862 Views

Unit Linked Insurance Plan (ULIP) is a mix of insurance along with investment. From a ULIP, the goal is to provide wealth creation along with life cover where the insurance company puts a portion of your investment towards life insurance and rest into a fund that is based on equity or debt or both and matches with your long-term goals.

A debt not being part of resolution plan would not be legally actionable

Posted by FCS Deepak Pratap Singh 12 April 2022 1425 Views

Once the resolution plan was approved, all claims stood frozen and a claim which did not form a part of the final resolution plan would not be legally actionable.

Fixed Income: As studied from your SFM textbook Vs as seen in the news

Posted by Mubina Kapasi 11 April 2022 6518 Views

You've opened Twitter or any of the pink papers or TV channels and stuff like 'Bond yields cross 7%' and RBI's action dominate the headlines.

Now Agriculture Income Under Strict Scrutiny

Posted by CA Umesh Sharma 11 April 2022 15700 Views

CAG has prepared a report on Assessments Relating to Agriculture Income which was presented in the 49th report of the Public Accounts Committee which clearly stated that the rich farmers whose agriculture income exceeds Rs 10 lakh per year limit, will face stricter scrutiny of agricultural income.