CAclubindia Articles

The Role of CS in Tax Compliance: A Case for Inclusion in the Income Tax Act, 2025

Posted by Team IN Filings 03 March 2025 4176 Views

After the ICSI's multiple representations to the Income-Tax Bill Review Committee, the government is conducting a study to determine whether CS should be recognized as an Accountant.

Plotted development done for landlords under JDA and GST

Posted by CA Roopa Nayak 01 March 2025 2326 Views

BackgroundFrom the inception of GST, there has been confusion with regards to GST applicability on the development and sale of plots.To give a background to thi...

Rule 86B of CGST Rules 2017

Posted by CA Puspendra Jain 01 March 2025 847 Views

The implementation of Rule 86B within India's Goods and Services Tax (GST) framework, which aims to curtail fraudulent input tax credit (ITC) claims by necessitating certain taxpayers to remit 1% of their output tax liability in cash

Importance of Annual Return Filing for Pvt. Ltd Companies in India

Posted by Ishita Ramani 01 March 2025 219 Views

This article describes the meaning, documents, and importance of Annual Return Filing for Pvt. Ltd Companies operating in India.

Comprehensive Guide to Section 140B: Taxation of Updated Returns Under the Income Tax Act

Posted by CA Jaydeep Babubhai Vadher 01 March 2025 2405 Views

Section 140B governs the tax payment mechanism when an assessee furnishes an updated return under Section 139(8A).

Monthly Remuneration to Non-Executive Directors, permissible?

Posted by Affluence Advisory 28 February 2025 527 Views

Let's find out whether it is permissible for a company to pay monthly remuneration to its NED?

TDS on Salaries (FY 2024-25): New Rules Under Section 192 Explained

Posted by CA Jaydeep Babubhai Vadher 28 February 2025 9025 Views

Income-Tax Deduction from Salaries during the Financial Year 2024-25 under Section 192 of the Income-Tax Act, 1961

Strike Off Pvt. Ltd Company: Step-by-Step Guide for Business Owners

Posted by Ishita Ramani 28 February 2025 1310 Views

This article shall discover the striking-off process for a Private Limited Company.

Missed Filing GSTR-9 or GSTR-9C for the Financial Years 2017 to 2023

Posted by CA Varun Gupta

27 February 2025 16433 Views

As per Notification No. 8/2025, the CBIC is offering a waiver of late fees for delayed GSTR-9C filings, provided the forms are submitted by March 31, 2025.

Income-Tax Amendments 2025: New Compliance Requirements for Trusts

Posted by CA Jaydeep Babubhai Vadher 27 February 2025 566 Views

In exercise of the powers granted under sub-section (1A) of section 115AD, sub-section (4) of section 115TCA, sub-section (4) of section 115UA, and sub-section (7) of section 115UB, read with section 295 of the Income-tax Act, 1961, the CBDT has introduced important amendments to the Income-tax Rules, 1962.