CAclubindia Articles

Income Tax under the head Salary

CA. Arpan Jain 25 June 2021 at 09:37

Understanding Income Tax Chargeable on Income from Salary, including Tax Saving Methods that salaried individuals can adopt to lower their taxable income.

Which Section 194Q or 206C(1H) will be applicable?

CA Pooja Dhoot 24 June 2021 at 11:44

Section 194Q is for TDS applicable from 01.07.2021 and Section 206C(1H) is for TCS applicable since 01.10.2020. Let us understand which section will be applicable in practical scenarios.

IFRS 13 - FVM - A supportive IFRS & Dictionary Friendly IFRS

CA. Chikkerur C R 24 June 2021 at 10:36

This standard became mandatory on 1st Jan 2013. It took 8 years since 2005 to evolve itself as a mandatory standard in 2013. Ind AS 113 is the Indian version of IFRS 13.

All you need to know about Surrender of IEC License

Ishita Ramani 24 June 2021 at 09:33

When the IEC holder voluntarily revokes his rights to use the IEC for whatsoever reason, it is said to be the IEC Surrender. If the IEC License is no longer in use then the same can be surrendered.

All about Association Clause in MOA

Kush Shah 24 June 2021 at 09:33

The individuals who want to be part of the association of persons need to sign a Memorandum of the company. This part where such signatures are affirmed is called the association clause.

GST on Ocean Freight in Relation to Import of Goods

Manish Gupta 24 June 2021 at 09:33

The two most popular means of transportation of goods from one country to another are through sea routes and air routes. Let us understand the applicability of GST on Ocean Freight expense incurred during import of goods.

Is Income Tax circular regarding use of functionality u/s 206AB and 206CCA consistent with legal provisions?

CA Tejas Andharia 23 June 2021 at 13:31

CBDT has issued a circular regarding the use of functionality under Section 206AB and 206CCA of the Income-tax Act, 1961. Let us decode whether the same is in line with legal provisions or not.

CA Final Economic Laws Online Video Lectures

CCI Team 23 June 2021 at 09:35

This article will be focusing on the best faculties for the CA Final Economic Laws subject. The courses that will be mentioned are available in Google Drive Format, Pen Drive Format and Video Lectures Format.

Responsibilities and Duties of Company Secretary

Tushar Pahade 23 June 2021 at 09:14

Company Secretaries are the building blocks of companies, and they must carry their duties with reasonable care. In this article, we discuss the Responsibilities and Duties of a CS.

TDS on Immovable Property & Relevance of Lower Deduction Certificate For NRIs

Manish Gupta 23 June 2021 at 09:14

Whenever a property is purchased, the buyer is liable to deduct tax from the sale consideration and pay the balance to the seller. The tax amount to be deducted depends on the residential status of the seller.