CAclubindia Articles

Clarification on availability of GST Input Tax Credit on Demo Vehicles

Posted by Mohd Muaz Malik 08 May 2025 247 Views

Under the Goods and Services Tax (GST) regime, Input Tax Credit (ITC) is generally available on goods and services used in the course or furtherance of business. However, Section 17(5) of the Central Goods and Services Tax (CGST) Act, 2017

ROC Filing for Newly Registered Pvt Ltd Companies

Posted by Ishita Ramani 08 May 2025 273 Views

This article will help us to know the important forms of Newly Registered Pvt Ltd Companies.

GST on Societies/Clubs and their Members - Is History repeating itself, or a new chapter in the making?

Posted by Ritu Mehta 07 May 2025 2924 Views

The transactions between society/ clubs and its members have seen unending litigation under the erstwhile Indirect Taxes regime and the same is also continuing in the GST regime.

CBDT Notifies ITR-2 for FY 2024-25: Key Changes and Implications for Taxpayers

Posted by Rashmi 07 May 2025 1432 Views

CBDT has notified ITR-2 for FY 2024-25. Explore key changes, new disclosures, and implications for salaried individuals, HNIs, and NRIs filing income tax returns.

Why OPC Annual Return Filing is Important Even with Zero Turnover?

Posted by Ishita Ramani 07 May 2025 215 Views

This article will help you know more about why the OPC Annual Return Filing is to be done even with Zero Turnover.

ITR Filing 2025: The Changes in ITR Forms Every Taxpayer Must Know

Posted by CA Umesh Sharma 06 May 2025 1565 Views

There are some changes in the ITR forms for the AY 2025-26. What should a taxpayer know about these updates compared to AY 2024-25?

Difference Between 12A and 80G & Their Online Registration Processes

Posted by Ishita Ramani 06 May 2025 488 Views

This article will help you know the differences between their Online Registration Process for 12A and 80G.

Blocked Credit in GST

Posted by CA Shiwali Dagar 06 May 2025 4004 Views

Blocked Credit in GST Section 17(5)(a)Section 17(5)(a) of the Central Goods and Services Tax (CGST) Act, 2017, outlines specific scenarios where Input Tax Credi...

New ITR Form 5 for AY 2025-26: Key Highlights Explained

Posted by Rashmi 05 May 2025 771 Views

The Income Tax Department has released a revised Income Tax Return (ITR) Form 5, notified by CBDT via Notification No. 42/2025 dated May 1, 2025, applicable from April 1, 2025, for the Assessment Year 2025-26.

GST Revenue at All-Time High - A Genuine Growth or a Systematic Loot of Honest Taxpayers?

Posted by CA Digant Shah 05 May 2025 4095 Views

As a tax professional witnessing ground realities daily, here's why the so-called "GST success story" may be less about growth and more about enforcing revenue through manipulation and fear.