CAclubindia Articles

Issue Of Debentures Under Companies Act, 2013

Posted by Neha Rajan Redekar 20 October 2021 171161 Views

Debenture is a written instrument acknowledging a debt to the company. It contains a contract for repayment of principal after specified period or at option of company together with interest.

Comparative study of Section 44AD, ADA and 44AE

Posted by CA.R.S.KALRA 20 October 2021 9457 Views

Section 44AD is applicable to any business except those eligible for Section 44AE. Section 44ADA is applicable to all professions referred in Section 44AA. Section 44AE is applicable to businesses engaged in plying, hiring or leasing goods carriages.

Section 8 Company: Incorporation & Myths

Posted by ARISANKALA MANISH KUMAR 20 October 2021 1916 Views

Section 8 companies obtain their incorporation certificate from the Central Government and are liable to carry on according to rules stated by the government.

Meaning of Officer and Officer in Default

Posted by FCS Deepak Pratap Singh 20 October 2021 20808 Views

Officers such as whole-time directors, KMP, directors, etc. shall be liable to any penalty or punishment in case of default committed by the company under the Companies Act, 2013.

Risks of leaving your bank account dormant

Posted by CA Mahesh Bansal 20 October 2021 6503 Views

In a latest development, Delhi Police Cyber Crime Cell has arrested 12 persons including 3 HDFC Bank employees for fraudulently attempting to siphon money out of a dormant account belonging to an NRI.

Whether A Karta Will Be Taxable In Dual Capacity After Separation From HUF

Posted by FCS Deepak Pratap Singh 20 October 2021 1319 Views

Discussing an interesting situation and taxability of an individual after his separation from HUF i.e. Whether a person will be taxable under dual capacity as an ‘Individual’ as well as 'Karta' after separation from HUF?

Income from Capital Gains

Posted by Taxblock 20 October 2021 3243 Views

Any profit which is earned by transferring a capital asset will be known as capital gains, and it will be taxable under the head Income from Capital Gains if the transfer was made in the previous year.

Deductions under Income Tax

Posted by Taxblock 20 October 2021 1963 Views

Deductions are typically expenses that the taxpayer incurs during the year that can be applied against or subtracted from their gross income to figure out how much tax is owed.

Is Cryptocurrency Really the Future?

Posted by Sazal Sharma 19 October 2021 5300 Views

People like Bill Gates, Al Gore, and Richard Branson believe that this is where the future rests, while scholars like Warren Buffet, Paul Krugman, and Richard Schiller see it as a Ponzi scheme.

Income from Salary | An analysis

Posted by Taxblock 19 October 2021 5709 Views

Income from salary is the remuneration that is received by an individual who is rendering services under any contract which is taken by him. The contract should be under employment.