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CAclubindia Articles


The story of Air Indias Flight of Full Circle

Posted by T.R.Radhakrishnan 14 October 2021 2388 Views

Air India, a relic of state ownership threatened by losses, bloated costs and more nimble rivals, needs to secure a massive debt and operational overhaul if it is to survive in a market growing at 20% a year.



How to prepare for December 2021 CA Exams in just 50 days?

Posted by Varsha Nayyar 14 October 2021 8312 Views

You can prepare effectively by doing an ABC Analysis based on past 4 attempt papers, setting achievable targets, using an active recall approach, making a study strategy and a timetable.



Notices and appeal under GST

Posted by Taxblock 14 October 2021 7904 Views

A notice can be named as a show cause notice, scrutiny notice or demand notice. This depends on the objective of the notice and the gravity of default or any action which is required from a taxpayer.



GST Return Filing

Posted by Taxblock 14 October 2021 8611 Views

GST Return Filing is a compulsory process for every person who has a business and is registered under the GST Act. It is a very critical activity and a link between the government and the person who is paying the tax.



Whether Medical Expenses incurred outside India by an employer will be taxable as a prerequisite?

Posted by FCS Deepak Pratap Singh 14 October 2021 4693 Views

Perquisite may be defined as any casual emolument or benefit attached to an office or position in addition to salary. This includes rent-free accommodation, concession in the matter of rent or any other amenity.



Appointment Of Internal Auditor Under Companies Act, 2013

Posted by Neha Rajan Redekar 13 October 2021 73210 Views

Internal audit is a continuous and systematic way of risk management, and proper governance in order to bring out more transparency and accountability in the company's activities.



Diversion of Business Opportunities by a Director for its Own Benefit

Posted by FCS Deepak Pratap Singh 13 October 2021 2082 Views

The duties of directors are higher than those imposed by law on an employee since they are not senior managers of the company but fiduciary and are responsible for the success of the company.



Greening the Financial System

Posted by P.T.S. MURTHY 13 October 2021 2573 Views

The idea behind the formation of such a system is that the financial system is at risk by the impact of climate change on businesses indirectly.



Key changes in ITR Forms for AY 2021-22 - Part 5: ITR 7

Posted by Neethi V. Kannanth 13 October 2021 4116 Views

Dividend will now be taxable from Rs. 1/‐ as section 115BBDA is omitted. Accordingly, Interest expenditure u/s 57(1) to earn Dividend can be claimed at sl.no.3....



Can assessee opt for Sec 44AD and Sec 44AE together? - Part III

Posted by CA.R.S.KALRA 12 October 2021 15004 Views

In Section 44AD, the assessee has to declare a minimum of 8% of the Gross Turnover or Gross Receipts as their deemed income. However, Section 44AD(1) gives an option to claim more than 8%.




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