CAclubindia Articles

Declaration of undisclosed income to "buy peace" does not renders an assessee immunity from initiation and levy of penalty

Posted by CA.Mohit Gupta 30 January 2022 2323 Views

Under the Income Tax Act, 1961 penalty is to be levied on the amount of "tax sought to be evaded" in respect of the concealment of particulars of income or furnishing inaccurate particulars of the income. Nevertheless, in case of SEARCH penalty is also levied in respect of "Undisclosed Income" too.

Expectations from Budget 2022 for MSME sector in GST

Posted by Tarun Kr. Gupta 30 January 2022 2218 Views

The present third wave of COVID has further put pressure on the MSME sector and relief on certain points is very much required. The 10 most important expectations has been mentioned in this article.

Analysis of the higher additional fees imposed by MCA

Posted by CS Divesh Goyal 29 January 2022 2714 Views

Recently MCA has issued a Notification on 11th January 2022 for amendment in "Companies (Registration Offices and Fees) Amendment Rules, 2022". This notification is stated about "Higher Additional fees in Certain Cases".

All About Tax Audit and Form 3CD (Part-5)

Posted by Neethi V. Kannanth 29 January 2022 2764 Views

In this article the author is discussing clause 26 to 31 of Form 3CD

3 golden strategies to clear CA exams

Posted by Pooja Chaturvedi 28 January 2022 5507 Views

Learning from my previous mistakes I worked on a better strategy to crack the examination, here are the 3 golden strategies

Expectations from Budget 2022

Posted by Poojitha Raam Vinay

28 January 2022 6510 Views

The budget 2022 shall be presented by Hon'ble Finance Minister Smt. Nirmala Sitharaman on February 1st 2022 at 11 AM IST in paperless format like last year. The duration of the budget shall vary from 90 minutes to 120 minutes.