CAclubindia Articles


9 Days of Navratri: 9 Key Points from Safari Retreats ITC Case

  CA Umesh Sharmapro badge    07 October 2024 at 14:50

Just like Navratri has 9 days, each with a special meaning, the Safari Retreats judgement offers 9 key points for businesses when it comes to claiming Input Tax Credit (ITC) under GST. Let's explore these 9 key points, one for each day of Navratri



Supreme Court Ruling on Reassessment Notices: 90,000 Taxpayers Affected by SC Verdict

  Sahil Jaiswal    07 October 2024 at 10:45

The recent Supreme Court ruling on tax reassessment notices has significant consequences for around 90,000 taxpayers. The verdict upholds the validity of reasse..



Best Loan Option for Chartered Accountants

  CA Ruby Bansal    07 October 2024 at 09:35

Read on to explore the key factors that determine the best loan option for Chartered Accountants.



Proposed Amendments to Bank Deposit Nominations - An urgent need for a healthy debate

  Shivaprasad Laxman Chhatrepro badge    07 October 2024 at 08:31

The Banking Laws (Amendment) Bill 2024 proposes significant changes to bank deposit nominations, introducing successive and simultaneous nominations.



Foreign Exchange Management Act (FEMA) Compounding: Common Queries Answered

  Mitali    05 October 2024 at 17:10

For the purposes of compounding, the provisions under FEMA, the Foreign Exchange (Compounding Proceedings) Rules, 2024 and Directions - Compounding of Contraventions under FEMA, 1999, ‘may be referred to.



GST on Mining Royalty Post 9 Judge bench SC decision - Is it attained finality?

  CA Venkatprasad Pasupuleti    05 October 2024 at 15:16

The State Government collects Royalty/Seigniorage charges as per the provisions of Mines and Minerals (Regulation and Development) Act, 1957 (MMDR Act for brevity hereinafter) read with rules framed by the concerned State Government from the lessee of the Mining site.



Common Time Limit for Demand Notices: Key Implications for Cases Involving Fraud, Suppression, or Willful Misstatement

  Bimal Jain    05 October 2024 at 14:19

Common time limit for issuing demand notices and orders, regardless of whether the case involves fraud, suppression or willful misstatement



Sustainable Compliance: Integrating Environmental, Social and Governance (ESG) Factors

  Affluence Advisory    05 October 2024 at 08:52

Environmental, social and governance ("ESG") criteria are a set of standards for a company's operations that socially conscious investors use to screen potential investments. ESG factors have become increasingly important in the last several years.



How Section 194F Impacts Mutual Fund Investment Process in India

  Ishita Ramanipro badge    05 October 2024 at 08:46

This article provides insights into how Section 194F influences the mutual fund investment procedure, the responsibilities of fund homes, and the effects on investors.



How to Claim the Foreign Tax Credit with Form 67

  CA Arun Tiwaripro badge    04 October 2024 at 14:40

This guide focuses on Form 67 and helps one get the most from every opportunity that enables one to optimise their tax position.