CAclubindia Articles

Convergence - Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India - Part 1

Posted by Nitin Bhuta 16 April 2025 470 Views

In this article, the author has attempted to explore complementary or completely opposing perspectives by examining aspects such as revenue recognition of revenues and expenditures, inventories, capital expenditures (Capex), and related party transactions.

Process of Transfer of Shares of Private Company In Demat Form

Posted by CS Divesh Goyal 16 April 2025 507 Views

The author will cover the "Process and provisions of transfer of shares of Private Limited Company in Demat form instead of Physical shares" in this column.

High Court Ruling on NBFC's Net Owned Fund Requirement: A Precedent for Regulatory Clarity

Posted by Affluence Advisory 16 April 2025 270 Views

The recent High Court ruling on the Net Owned Fund (NOF) requirement for Non-Banking Financial Companies (NBFCs) has provided much-needed clarity on the regulat...

Sky is the Limit: A CA Finalist's Journey from Indore to Times Square

Posted by Ishwin Kaur 16 April 2025 14273 Views

Shakti: Sky is the Limit celebrates the rise of female Chartered Accountants in India, highlighting their powerful contributions to the economy and society. From just 8% in 2000 to 48% today, women like Ishwin Kaur are redefining success with passion, purpose, and the divine strength of Shakti.

Section 194Q: TDS Relief for Sellers from April 1, 2025

Posted by Mitali 16 April 2025 26 Views

Understand Section 194Q TDS on goods purchases over ₹50 lakh. Learn buyer obligations, TDS rates, due dates, and relief for sellers from FY 2025-26.

Taxable Event of GST

Posted by CA Shiwali Dagar 15 April 2025 407 Views

"Taxable event" is that on happening of which the charge is fixed. It is that event which, on its occurrence, creates or attracts the liability of tax.

"Tariff" karu kya Uski, Jisne mera portfolio laal kiya hai!

Posted by CA Umesh Sharma 15 April 2025 429 Views

On April 2, 2025, President of United States of America Donald Trump imposed reciprocal tariffs at the rate of 34% on China, 27% on India, 20% on the European Union, and 24% on Japan and other countries.

Impact of Fuel Cess on Consumer Purchasing Power

Posted by Kotte Murali Krishna 15 April 2025 126 Views

The cess on petroleum products paid by a manufacturing company to the transporter of input goods becomes part of the cost of sales, as it cannot be claimed as Input Tax Credit (ITC).

New Income Tax Slabs FY 2025-26: What You Need to Know

Posted by Mitali 14 April 2025 7 Views

Discover the new income tax slabs for FY 2025-26. Learn about the simplified tax regime, zero tax liability up to ₹12 lakh, and how it impacts your take-home pay.