CAclubindia Articles

All about Tax Audit and Form 3CD (Part-2)

Posted by Neethi V. Kannanth 21 January 2022 6391 Views

In this article, the author discusses about Form 3CD from Clause 1 to 14 in detail.

Success is a process

Posted by CA Anurag Sharma 21 January 2022 2819 Views

Nobody can be an overnight success. It takes ages of hardwork, experience and perseverance along with endless small steps to be an overnight success.

Does The Invoice on Your GSTR 2B Matter?

Posted by Ammar Dawoodi 21 January 2022 7318 Views

Taxpayers would only be able to claim ITC on invoices that have been uploaded by the supplier in GSTR 1 / IFF and reported to the registered person in Form GSTR 2B.

Investment of property outside India by resident and taxation under Black Money Act, 2015

Posted by FCS Deepak Pratap Singh 20 January 2022 4521 Views

Some facts on investment in property outside India and computation of tax under "Black money (undisclosed foreign income and assets) and imposition of tax act, 2015"

Money - Where did it come from?

Posted by Aarti Maurya 20 January 2022 2850 Views

MONEY SUPPLY is not just a topic of your syllabus to gain marks it is a lot deeper and more interesting than you think.

All About Tax Audit and Form 3CD (Part-1)

Posted by Neethi V. Kannanth 20 January 2022 9472 Views

There are various kinds of audits being conducted under different laws such as company audit /statutory audit conducted under company law provisions, cost audit, stock audit etc. Similarly, income tax law also mandates an audit called 'Tax Audit'.

Motivation for hardwork and single point focus on your goal

Posted by CA Anurag Sharma 20 January 2022 3348 Views

We run from things that we don't enjoy. You require motivation because you are not loving what you are doing. Do you require motivation to talk to your favorite person or to watch your favorite movie?

Voluntary surrender of income does not mean immunity from penalty

Posted by FCS Deepak Pratap Singh 19 January 2022 3619 Views

Can an assessee who has surrendered his income in response to the specific information sought by the Assessing Officer in the course of survey, be absolved from the penal provisions under section 271(1)(c) for concealment of income?

Whether ITC in Dec 2021 GSTR 3B is mandatorily required as per GSTR 2B?

Posted by Lekhraj sood 18 January 2022 15400 Views

When the transactions were done on December 21 then at that point of time old rule 36(4) was in force. Therefore, in our view, it would be in order if the ITC of December is availed by referring to GSTR 2A.