CAclubindia Articles
Government to Introduce QR Code-Based PAN Cards: 78 Crore PAN Cards to Be Replaced
CA Naveen Panwar 28 November 2024 at 08:43In a major technological upgrade, the Indian government is set to revolutionize the Permanent Account Number (PAN) system by introducing QR code-enabled PAN cards.
NBFCs under Regulatory Spotlight: Emphasis on Sustainable Practices and Risk Management
Affluence Advisory 28 November 2024 at 08:43In a strong and timely advisory, the Reserve Bank of India (RBI) has urged Non-Banking Financial Companies (NBFCs) including Microfinance Institutions (MFIs) and Housing Finance Companies (HFCs) to cultivate a ‘compliance-first' culture.
PAN 2.0: A Digital Leap in Taxpayer Services
Mitali 27 November 2024 at 16:35The Permanent Account Number (PAN) has long been a cornerstone of India's financial and administrative systems, connecting individuals and businesses to vital economic activities while promoting financial transparency and compliance.
Impact of Tax Reforms on the Middle Class: Analysis of Recent Policies
Chaitra Seetharam 27 November 2024 at 10:49This article examines the intricate relationship between tax reforms and the middle class, focusing on how recent policy changes have affected their financial situations.
RCM on Properties Rented from Unregistered Landlords: Challenges for Composition Taxpayers and Some Relief Strategies
Joseph Amal T A 27 November 2024 at 08:50In this article, we discuss its implications on composition taxpayers and give some tips to reduce the financial and compliance burden.
Documents Required to Register a Pvt Ltd Company in India
Ishita Ramani
27 November 2024 at 08:43
This article helps you outline the important files needed to register a Pvt Ltd business in India.
Tax Compliance: Employees Not Liable for Employer's TDS Mismanagement
Affluence Advisory 27 November 2024 at 08:43Explore the intricacies of TDS under the Income-tax Act, 1961, focusing on the responsibilities of deductors, TDS credit provisions, and key judicial rulings protecting deductees from being treated as assessee-in-default. Understand CBDT guidelines and recent high court judgments addressing TDS mismatches and employer-employee tax issues.
IT Department May Impose Rs 10 Lakh Penalty For Non Disclosure of Foreign Income
Sahil Jaiswal 26 November 2024 at 10:47The Indian government has taken a strong stance against non-disclosure of foreign income and assets, especially with the implementation of stringent provisions under the Income Tax Act and international agreements such as FATCA
Section 40A(3): No Disallowance for Excessive Payments If Business Expediency and Party Genuineness Are Established
Vivek Jalan 26 November 2024 at 08:44
Excessive payment u/s 40A(3) are not disallowed in case business expediency and identity and genuineness of parties are proved
Probate, LoA and Succession Certificate
Affluence Advisory 26 November 2024 at 08:40When a person dies without leaving a Will ("Intestate Individual"), his/her succession is called Intestate Succession. It includes (a) Probate; (b) Letter of Administration; and (c) Succession Certificate.
Popular Articles
- RCM on Rent for Family-Owned Properties: Impact of Notification No. 09/2024
- Taxpayers Win - Favourable Case for Rebate u/s 87A on Short-Term Capital Gains
- Negative Impact of the GST Portal's New Invoice Management System on Quarterly Return Filers
- RCM on Properties Rented from Unregistered Landlords: Challenges for Composition Taxpayers and Some Relief Strategies
- Resolving Gaps Between GSTR-2B and GSTR-3B Data
- GST Amnesty Scheme 2024: Sec 128A of CGST Act 2017
- Understanding the New IMS (Invoice Management System) on GST Portal
- CBDT's Revised Condonation Timeline: A Chartered Accountant's Perspective
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