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CAclubindia Articles


CA Firm Calls Student 'Oversmart' for Asking About Stipend

  Mitali    30 June 2025 at 11:39

A CA student in Faridabad sparked a heated online debate when reached out to a CA firm before applying for an articleship and asked two basic questions



Section 143(2) Income Tax Notice for AY 2024-25: Scrutiny Assessment, Faceless Process & Deadlines Explained

  CA Varun Guptapro badge    30 June 2025 at 08:41

Income Tax Notice u/s 143(2) for AY 2024-25: Scrutiny Assessment, Faceless Procedure, Time Limits & Professional Help Explained



Rule 28: Value of Supply Between Distinct or Related Persons (Other Than Through an Agent)

  Rajagopal K    30 June 2025 at 08:33

Understand GST Rule 28 for valuing supplies between related or distinct persons. Learn about Open Market Value, 90% valuation, full ITC provisions, and corporate guarantee rules with practical examples.



ITC Under GST: Meaning, Eligibility & Conditions

  Rajagopal K    28 June 2025 at 14:17

Input Tax Credit (ITC) is one of the core features of the Goods and Services Tax (GST) system in India. It allows registered taxpayers to reduce their tax liabi..



Compulsory Maintenance of Accounts - Section 44AA

  Jatin Pal    28 June 2025 at 10:25

A question is, can a person engaged in a profession as prescribed under section 44AA(1) adopt the presumptive taxation scheme of Section 44AD?



Assessments under GST Law: A Comprehensive Overview

  Pratik Dhruve    28 June 2025 at 08:31

Section 2(11) of the CGST Act defines "assessment" as the determination of tax liability under the Act, and it includes self-assessment, re-assessment, provisional assessment, summary assessment, and best judgment assessment.



Foreign Liabilities and Assets (FLA) Return under FEMA

  Affluence Advisory    28 June 2025 at 08:27

This article breaks down the FLA reporting process, explaining the legal framework, required disclosures, practical compliance issues, and potential consequences of non-compliance.



Key Features Of Faceless Assessments Scheme

  Khush Trivedi    27 June 2025 at 16:05

Discover the key features of the Faceless Assessment Scheme introduced by the Income Tax Department, aimed at enhancing transparency, reducing human interface, and ensuring uniformity in tax assessments across India.



Earned Rs 1.2 lakh intraday, Rs 2.5 lakh STCG from Stocks. Do I Need to File ITR in AY 2025-26?

  Chaitra Seetharam    27 June 2025 at 12:34

Intraday describes trading actions or market movements that happen within one trading session, from market open to close. It applies to stocks, forex, commodities, and cryptocurrencies, where traders buy and sell assets within the same day. 



How AI Helps Small Businesses Grow Smarter

  workspacetool.com m    27 June 2025 at 08:36

If you're a small business owner and trying to do it all, this article is for you. AI can make your life easier by helping your business grow faster and smarter.




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