CAclubindia Articles

Section 194P: TDS in case of specified senior citizen - Relaxation from filing ITR

CS Tanveer Singh Saluja 19 July 2021 at 09:56

Section 194P of the Income Tax Act was introduced in Union Budget 2021 to provide conditional relief to senior citizens above the age of 75 years from filing an ITR.

ERP Selection for Small / Medium Organization

Premlata 19 July 2021 at 09:32

One of the most important things in an organization is the selection of ERP. Let us discuss three important points that should be considered before the selection of ERP.

Why getting certified in GST is the need of the hour?

Muskan Mudgil 18 July 2021 at 09:40

A certification in GST will help you professionally no matter which stage of your career you are currently at. In fact, based on a Naukri Survey, professionals with a GST Certification are more likely to get paid higher.

Tax Deducted at Source: Provisions for TDS on Purchase of Goods

Ishita Ramani 18 July 2021 at 09:39

From 1st July 2021, apart from the current scope of TDS deduction applicable on the notified nature of payment of expenses, businesses are required to deduct TDS on the purchase of goods as well.

Sparsh: Life Lessons #2 - Beyond my capacity - Do not tell me!

CS Advocate Abhishek Goyal 18 July 2021 at 09:39

This thing 'beyond the capacity' doesn't even exist! Had it been in existence, we couldn't have seen so many great innovations, inventions and researches which have made our lives smarter, cooler and easier.

Dispute on valuation of supply of services by RWAs to their members

Abhishek Raja 18 July 2021 at 09:39

The Madras HC in the case of Greenwood Owners Association has quashed a Finance Ministry circular prescribing GST on the entire monthly contribution to RWA if it is more than Rs. 7,500.

5 year Journey as a CA and as a Writer for CAclubindia

CA Anurag Sharma 18 July 2021 at 09:39

CA is not just a combination of words, but it's a journey or an emotion. Our parents gave us the name, but we earned the prefix CA.

How to study CA Final Paper 3 - Advanced Auditing and Professional Ethics

Shreya Kokate 18 July 2021 at 09:37

Audit might appear as a vast subject at first, but try to look at it from a bird's eye view. Let us divide this vast subject into four simple parts. This order can also be followed while studying.

Annual Return on Foreign Liabilities and Assets (FLA)

CS Tanveer Singh Saluja 17 July 2021 at 16:53

FLA Return is an Annual Return that is required to be submitted by those entities which have received FDI and/or made overseas investments in any of the PYs including the Current Year.

MGT-7 or MGT-7A? Which one to file?

CS Tanveer Singh Saluja 17 July 2021 at 16:52

Every company shall file its annual return in Form No. MGT-7 except for a One Person Company and Small Company. OPC and Small Company shall file the annual return from the FY 2020-2021 onwards in Form No. MGT-7A.'