CAclubindia Articles

New TCS Rule on Luxury Goods from April 22, 2025: What Buyers and Sellers Must Know

Rashmi 25 April 2025 at 08:24

The Central Board of Direct Taxes (CBDT) has announced a new rule on Tax Collected at Source (TCS) for luxury goods. This was first mentioned in the Budget 2024 and is now officially notified through two new announcements on April 22, 2025.

How to Check the Status of Your 80G(5) Registration Application Online

Ishita Ramani 25 April 2025 at 08:21

80G(5) Registration helps NGOs offer tax benefits to donors. Once applied, it's important to track your application status to avoid delays. This article explains how to check the status of your 80G(5) Registration application online easily.

Relevance of AI & IA in Financial Applications for SME Sector

Tulasi S Sastri 24 April 2025 at 12:49

Ever since computing entered the business world, decades ago, financial processes have been one of the beneficiaries of computerization, with applications from many software developers.

Form 8 and Form 11: LLP Annual Return Filing

Ishita Ramani 24 April 2025 at 08:28

This article will help in understanding more about LLP Form 8 and Form 11 for annual returns filing.

Transaction value is the basis for valuation

CA Shiwali Dagar 24 April 2025 at 08:23

Explore how transaction value serves as the primary basis for valuation under GST law, including key judicial rulings, conditions, and practical implications for businesses

Reduction of Share Capital through NCLT Approval

Affluence Advisory 24 April 2025 at 08:23

Reduction of share capital is a process by which a company decreases it's issued, subscribed, or paid-up share capital.

From Chartered Accountant to UPSC Topper: Meet Harshita Goyal, AIR-2 in UPSC 2024

Shree 23 April 2025 at 09:55

Harshita Goyal, a qualified Chartered Accountant, has secured All India Rank 2 in UPSC Civil Services Examination 2024. Discover her inspiring journey from commerce to civil services.

Form 15CA and Form 15CB Filing Procedure

Roodita Gaikwad 23 April 2025 at 08:40

All About Form 15CA and Form 15CB & Its Filing Procedure

Format of Financial Statements for Non-Corporate Entities

CA.Sangam Aggarwal 23 April 2025 at 08:36

Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) act as a pillar for sound financial reporting system of an entity.

Start-ups, Trusts, NRIs: Brace for Cash Blockage in New TDS Framework

Rashmi 23 April 2025 at 08:36

A major change has been proposed in the new Income Tax Bill, 2025, which could significantly impact how tax is deducted at source (TDS) for both resident and non-resident taxpayers, including NRIs.