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Latest Changes in Property Taxation

Posted by CA.Sangam Aggarwal 01 August 2024 2356 Views

Our Honorable Finance Minister "Nirmala Sitharaman Ji" in the recent Final Budget of 2024 has proposed some important changes regarding taxation of property that will be discussed further in this article.



The Fall of Integrity: Lessons from Cases Like Puja Khedkar

Posted by Sachin 01 August 2024 394 Views

The recent news about the cancellation of Puja Khedkar's candidacy as a trainee IAS officer by the Union Public Service Commission (UPSC) has raised significant concerns. Khedkar, accused of cheating her way through the Civil Services Examination by providing false information and certificates, is now barred from taking any future examinations.



Merging Artificial Intelligence In ERP

Posted by CA Amrita Chattopadhyay 31 July 2024 847 Views

AI-driven ERP systems promise to revolutionize business processes by enhancing functionality, streamlining operations and enabling smarter decision-making.



Unified Tax System? Revenue Secretary's Statement Sparks Debate on Old Regime

Posted by Sachin 31 July 2024 1126 Views

Income Tax Regime: Is the Old System Going to Become History? A Unified Tax System in India? Discussion Stirs Following Statement by Revenue Secretary



Insolvency and Bankruptcy Code, 2016 - Boon and Curse

Posted by Affluence Advisory 31 July 2024 247 Views

The Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian Law which creates a consolidated framework that governs insolvency and bankruptcy proceedings for corporate person, partnership firms, and individuals.



Due Date of CSR-2: FY 2023-24

Posted by CS Divesh Goyal 30 July 2024 771 Views

CSR-2 has been introduced MCA vide notification dated 11th February 2022 by amendment in Companies (Account) Amendment Rules 2022. CSR-2 shall be applicable for FY 2020-21 and onwards.



Budget 2024: The New Section 74A - An Analysis

Posted by CA Sudhir Halakhandi 30 July 2024 1600 Views

In the financial year 2024-25, Section 74A will replace both Sections 73 and 74, consolidating the calculation of tax and penalty under a single section for both the fraud and non-fraud cases



Income Tax Refund: Expect Delays This Year Due to New AI Scrutiny System

Posted by Sachin 30 July 2024 6233 Views

This year, taxpayers should anticipate delays in their income tax refunds. The government has implemented a rigorous (Strict) new system for scrutinizing income tax returns (ITRs) using a specially designed, self-automated artificial intelligence (AI) software program.



5 Most Important Proposals in Capital Gains in Budget 2024

Posted by CA Umesh Sharma 29 July 2024 1556 Views

Arjuna (Fictional Character): Krishna, The Hon'ble Finance Minister has recently presented the budget for 2024, which has brought about many proposals of change...



Income Tax Notice for Cash Deposits - Check These 6 Transactions

Posted by Naina Rajgoplan 29 July 2024 2764 Views

Then are the six deals that can attract an income duty notice for cash deposits




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