CAclubindia Articles

Big Change for Consultants and Professionals: CBDT's New Form 10-IEA Enables Old Tax Regime Choice

Rashmi 23 June 2023 at 14:20

The CBDT notification, issued on June 21, 2023, outlines the procedure for consultants and professionals to follow if they want to stick with the old tax regime. They can fill out Form 10-IEA, which allows them to continue under the old tax regime and claim eligible tax exemptions and deductions.

Importance of Due Diligence for SMEs

Sundaran.D 23 June 2023 at 09:10

In this article, we will explore the significance of due diligence for SMEs and outline key steps involved in conducting a thorough due diligence process.

Distribution of Input Credit under GST: ISD Mechanism vs. Invoicing Mechanism (Cross Charge)

CA. Heet Shah 23 June 2023 at 09:10

This article delves into the characteristics, implications, and relevant caselaws surrounding these two mechanisms, shedding light on the factors businesses should consider when choosing between them.

Tax Deducted at Source: A Brief Analysis

Suhasini 22 June 2023 at 15:29

Tax Deducted at Source (TDS) is a system in which the person responsible for making certain payments deducts a specific amount of tax from the payment at the time of making it.

MCA plans to increase crackdown on shell companies

Rashmi 22 June 2023 at 14:34

The Ministry of Corporate Affairs (MCA) is taking strong action against non-functional companies, commonly known as shell companies, as part of its ongoing efforts to combat illegal activities. MCA is planning to further intensify its crackdown on these companies, which are often used for illegal money transactions.

Importance of Internal Audit in Organizational Governance

Sundaran.D 22 June 2023 at 09:02

Internal audit is a critical function within organizations that helps ensure effective governance, risk management, and control processes.

Simplify Your Crypto Tax Journey with Binocs: A Game-Changer for Chartered Accountants

CA Ruby Bansal 21 June 2023 at 14:14

Binocs seeks to make crypto taxes less of a burden and more of a gain by streamlining them as a cutting-edge CA solution. Binocs is prepared to handle any situation, whether your clients are novices in the cryptocurrency world or seasoned investors. Here's why it's time to accept this paradigm-shifting idea.

Fund Raising Avenues for Private Companies in India

Affluence Advisory 21 June 2023 at 14:06

Capital is the key factor to expand the horizon of services and resources and sustainable growth of any business.

The Laws Surrounding Online Gambling Around the World

Suhasini 21 June 2023 at 09:48

The following is an attempt to provide clarity and give you a blueprint as to where you are safe to play at online casinos and what to look for in the way of certifications.

Understanding the Security Measures in Loan Apps: Safeguarding Your Financial Information

Siddesh Dabholkar 21 June 2023 at 08:58

In the digital age, where convenience and speed are paramount, more and more individuals are turning to loan apps to fulfill their financial needs. With the ability to apply for a personal loan online, apps have made borrowing easier and more accessible than ever before.