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Archive: July, 2022

Posts in July, 2022

Rescheduled date for CA Foundation Exam at Silchar (Assam) Exam Centre

July 5, 2022 2118 Views 0 comment Print

Chartered Accountants Foundation Examination, Paper – 1 [Principles and Practice of Accounting] and Paper – 2 [Business Laws & Business Correspondence and Reporting] which were scheduled on 24th and 26th June 2022 respectively in Silchar (Assam) Examination Centre were postponed.

Change/Removal of Address other than Registered Office where books of accounts and papers are maintained

July 5, 2022 7138 Views 0 comment Print

Learn about the process of changing or removing the address where books of accounts are maintained, as per the Companies Act, 2013.

Disclosures in Board Report under Companies Act, 2013

July 5, 2022 17037 Views 0 comment Print

Learn about the importance of disclosures in the Board Report under the Companies Act, 2013. Discover how it serves as a means of communication and appraisal for shareholders and stakeholders.

ITAT allows depreciation on molasses tanks

July 5, 2022 1374 Views 0 comment Print

Sasamusa sugar works Pvt. Ltd. Vs DCIT (ITAT Kolkata) In respect of ground relating to claim of depreciation on molasses tanks for which the ld. CIT(a) had directed the AO to allow the depreciation after verification that the new plant & machinery were indeed put to use by the assessee. Assessee has come before the […]

Important Provisions Pertaining to Submission of Income Tax Return for Financial Year 2021-22

July 5, 2022 3240 Views 0 comment Print

Stay compliant with the Income Tax Act by submitting your income tax return for the financial year 2021-2022. Learn about the important provisions and deadlines.

Demand of Central Excise Duty cannot be sustained being time barred & in absence of any suppression by assessee

July 5, 2022 1422 Views 0 comment Print

CESTAT set aside the demand order has held that invoking extended limitation period by the Revenue Department cannot be sustained, being time barred and is invalid in absence of suppression of fact with intent to evade payment of duty on the part of assessee.

Why should you use Standard Chartered Smart Credit Card for your purchases?

July 5, 2022 2133 Views 0 comment Print

A credit card is probably one of the best payment options for your day to day expenses. The purchases made online or offline using credit cards can come with a lot of cashback and other benefits

Compendium of Ind AS (as on April 01, 2022) and Guidance Material

July 5, 2022 4176 Views 0 comment Print

ICAI has released Compendium of Indian Accounting Standards (Ind AS) (as on April 01, 2022) along with e-version of related guidance material at the occasion of CA Day held on July 01, 2022.

LLP (Amendment) Act, 2021 (Comparison with Principal Act, 2008) Part 1

July 5, 2022 2364 Views 0 comment Print

Understand the changes between the Limited Liability Partnership (LLP) Act of 2008 and the Amended LLP Act of 2021. Learn about the major differences in sections.

Pre and Post Annual General Meeting (AGM) Checklist

July 5, 2022 43045 Views 0 comment Print

Ensure compliance with AGM requirements by following this pre and post AGM checklist. Learn about e-voting, record dates, and more.

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