CAclubindia Articles

Importance of LLP Annual Return Filing for Compliance

Posted by Ishita Ramani 22 February 2025 552 Views

This article shall help you in understanding the importance of LLP Annual Return Filing for Compliance.

Guide on Income Tax for NRIs - Filing & Compliance

Posted by J. D. Shah Associates 21 February 2025 414 Views

This article on Income Tax for NRIs simplifies your tax filing obligations and highlights key considerations for compliance.

Consequences of Submitting Fake Rent Receipts for Claiming HRA

Posted by FCS Deepak Pratap Singh 21 February 2025 1373 Views

The Income Tax Department has found various cases of claiming HRA on the basis of fake documents and hence taken firm steps to check tax leakage.

Simplification of TDS/TCS Provisions in the New Income Tax Bill

Posted by Shree 20 February 2025 2420 Views

The government has proposed significant simplifications to the Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) provisions in the new Income Tax Bill.

Compounding Regulations under FEMA

Posted by Affluence Advisory 20 February 2025 269 Views

Compounding of contraventions is a voluntary process where an individual or entity admits a contravention under any provision of law and seeks to settle the matter by paying the compounding fees, thus avoiding lengthy legal proceedings and hefty penalties that arise due to the committed contraventions.

A Guide on How to Register an LLP Online

Posted by Ishita Ramani 20 February 2025 184 Views

This article outlines the simple steps to correctly register an LLP online, highlighting the key benefits of LLP Registration Online.

New Income Tax Bill Simplifies Salary & House Property Rules for Easy Filing

Posted by Shree 19 February 2025 1300 Views

The latest tax reform bill has introduced significant simplifications in the Salary and House Property provisions to enhance clarity and ease of compliance.

7 Corporate Lessons from the Movie "Mrs."

Posted by CA Pallav Singhania 19 February 2025 411 Views

Mrs. isn't just a story about one woman-it's a mirror to workplaces stuck in outdated norms. Whether it's resisting tech, ignoring talent, or undervaluing well-being, the cost of clinging to the "old way" is steep.

Condonation of Delay in ITR Filing u/s 119(2)(b) of the Income Tax Act, 1961

Posted by CA Varun Gupta

19 February 2025 2209 Views

The Income Tax Act, 1961 establishes specific timelines for the filing of income tax returns (ITR). However, taxpayers may encounter unexpected situations that lead to delays in meeting these deadlines.

Understanding 'Tax Year' vs. 'Financial Year' in the New Income Tax Bill

Posted by Ayush 18 February 2025 1410 Views

One of the most notable changes is the introduction of the term "tax year," which replaces the concept of the "previous year" and the "assessment year" from the Income Tax Act, 1961.