CAclubindia Articles

Top 5 Cash Transactions that can Attract IT Notice

Posted by CS Lalit Rajput 16 August 2021 23386 Views

Discussing the top 5 cash transactions that can attract IT notice with regard to savings/current account, credit card bill payment, bank FD, mutual fund/stock market/bond/debenture and real estate.

Section 194N: TDS on Cash Withdrawal from Banks/Post Offices (Updated for FY 2021-22)

Posted by CA.R.S.KALRA 15 August 2021 15112 Views

Section 194N is applicable in case of cash withdrawals of more than Rs 1 crore during the FY. This section will apply to all sums of money or an aggregate of sums withdrawn from a particular payer in the FY.

Whether, strike off allowed before filing of INC 20A

Posted by CS Divesh Goyal 15 August 2021 2591 Views

Can companies file e-form STK-2 for strike off without filing of e-form INC 20A in case the company has not conducted business since Incorporation? Let us discuss.

How does SEBI Protect the Interest of Investors?

Posted by Poojitha Raam Vinay

14 August 2021 83131 Views

Investor protection is a wide term that defines measures to protect the investors from malpractices of companies, merchant bankers, depository participants and other intermediaries.

How to Strike off a Company within 1 year of Incorporation?

Posted by CS Divesh Goyal 14 August 2021 4497 Views

If a company has not started any business since incorporation and promoters want to strike off within a year of incorporation, whether they can file STK-2 for strike-off? Let us discuss.

Addition in Disclosure of Financial Statement

Posted by CS Divesh Goyal 14 August 2021 3621 Views

MCA is increasing stringency in compliances and adding numerous additional disclosures in Financial Statements, Directors Report and Audit Report. The main purpose behind these amendments is to ensure more transparency.

How to take loan, before filing of INC 20A?

Posted by CS Divesh Goyal 14 August 2021 1721 Views

Can a company accept loan from Directors or any other person before the filing of INC 20A for general purposes like Opening of Bank Account, preliminary Expenses etc? Let us discuss.

Dilemma of Small Entrepreneurs during the Pandemic

Posted by Seetharaman K C 14 August 2021 1238 Views

Small entrepreneurs who have been completely shut down are trying to recover from the precarious situation but the stringent rules of Bankers and other Regulatory Authorities are not allowing them any breathing space.

Section 41: Deemed Profits

Posted by Ritik Chopra 14 August 2021 37518 Views

Any loss of a business incurred during the year in which it ceased to exist and which could not be set off against any other income of that previous year shall be set off against deemed incomes.

Is B.Com Necessary for CA?

Posted by CA Sapna Ghelani 14 August 2021 24655 Views

After clearing the 12th standard, you can directly appear for the CA Foundation Exam conducted by ICAI. There is no compulsion that you have to do B.com along with CA.