CAclubindia Articles


Practical Application of GST on Gaming & Gambling vide Rule 31B & Rule 31C: Explanation with examples

  Vivek Jalan    22 September 2023 at 09:10

Rule 31B of The CGST Rules inserted vide Not No 45/2023, provides for determining the Value of supply in case of online gaming including online money gaming



Peer Review of Practicing Company Secretaries (PCS)

  Affluence Advisory    22 September 2023 at 09:10

Peer Review is a process used for examining the work performed by one's equals (peers) and understanding the systems, practices, and procedures followed by the Practice Unit, and giving suggestions, if any, for further improvement.



FAQs released for filing Form 10B/10BB (AY 2023-24)

  CA Ruby Bansal    22 September 2023 at 09:02

Income Tax Department releases FAQs for filing Form 10B and 10BB



Understanding Tax Evasion and Tax Avoidance

  Naveen Kumar    21 September 2023 at 08:54

Tax avoidance and tax evasion are both related to the non-payment or reduction of taxes, but they differ in legality and intention.



Taxes on Slot Machine Winnings: Everything You Need to Know

  Ayush    20 September 2023 at 11:43

Picture this: You're at your favourite casino, the reels are spinning, the lights are flashing, and then it happens—a winning combination. The slot ma..



Understanding GST Summons: Your Rights, Duties and Validity

  Abhishek Raja    20 September 2023 at 08:53

In this article, we will delve into the concept of GST summons, including what they are, how they work within the legal framework, and what your rights and duties are when you receive a summons. We will also discuss the validity of summonses and the importance of understanding how they function in the GST system.



Revenue Vs Capital Expenditure & Depreciation on Capital Expenditure: The argument continues

  Vivek Jalan    20 September 2023 at 08:53

By terminating the services of a vendor, an assessee may intend to save the expense that it would have had to incur in the relevant previous year as well as for few more years going ahead. However, it cannot be said that this saving is an enduring benefit or has resulted in creating an asset.



The Importance of Complying with the Companies Act for Businesses

  CA Ajay goel    19 September 2023 at 08:56

In this article, we will explore the significance of complying with the Companies Act.



Tax Audit also helps as Vighna-harta!

  Member (Account Deleted)    18 September 2023 at 14:56

How does undergoing an income tax audit solve issues and make things easier for businesses?



Top 4 mistakes to avoid in view of Circulars issued in July 2023

  CA Shruti Singhalpro badge    18 September 2023 at 12:50

Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for the period 01.04.2019 to 31.12.2021 through Circular No. 193/05/2023-GST dated 17-7-2023.