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CAclubindia Articles


TCS Rate chart: What are the applicable TCS rates for FY 2019-20 and 2020-21?

  Aishna Kukreja    02 November 2020 at 17:10

TCS Rate chart for FY 2019-20 and FY 2020-21 as provided by the Income Tax Act, 1961 has been summarised under different categories.



Data analysis in accounts payable and accounts receivable - Audit perspective

  CA Amrita Chattopadhyaypro badge    02 November 2020 at 16:51

For auditors, the main driver of using data analytics is to improve the quality of an audit. In this article, we discuss two important areas where the auditors need to concentrate.



Cleaning & Maintenance of Books of Accounts on the occasion of Diwali!

  CA Umesh Sharmapro badge    02 November 2020 at 14:30

In this article, we discuss what should be done of old records of Books of accounts under various Acts, so that cleaning business places w.r.t. of old books of accounts can be done.



Compliance Calendar for the month of November 2020

  CA Rahul Mittal    02 November 2020 at 11:44

Compliance Calendar for the month of November 2020 for Income Tax Act, GST Act, and ESI Act. Mark your calendars now.



Is ITC available on wires laid for transmission of electricity by business houses?

  Raghav Rathi    02 November 2020 at 11:44

The ITC for the wires/towers laid for the transmission of the electricity is available u/s 16 of the CGST Act, 2017 but is blocked under clause (d) of Section 17(5) of the CGST Act, 2017.



Key Provisions and Applicability of the Medical Education Reform 2020

  CS Lalit Rajput    02 November 2020 at 11:38

Provision and Applicability for all medical colleges established/to be established, proposing to increase their annual MBBS intake from the academic year 2021-22.



Top 5 Accounting Trends in 2021

  Anji Velagana    02 November 2020 at 10:22

Here are the top 5 things that will significantly change the accounting industry in 2021 - Automated Accounting, Accounting Software, Outsourcing, Cloud-Based Accounting, and Data Analytics.



Professional Empowerment Series - Chapter 8: Professional Ethics for Success

  Madhukar N Hiregange    02 November 2020 at 10:03

In this article, we look at professional ethics as applied to CAs. The other professionals may have similar limitations with some aspects less focused on and a few where the aspects discussed may not be applicable.



[Solved] Issues in Applying Provisions of Section 43B of the Income Tax Act

  Safder Alam    02 November 2020 at 10:02

FM has extended the last date for filing Tax Audit Report and Transfer Pricing report to 31st Dec 2020. Various issues in applying provisions of Section 43B have been resolved in this article.



IND AS 38, IAS 38, and SIC 32 - Intangible Assets

  CMA SIVAKUMAR A,ACMA.    02 November 2020 at 10:02

Each AS offers a wide variety of practical applications to the stakeholders in respect of full disclosure and transparency. In this article, we discuss IND AS 38, IAS 38, "Intangible Assets"