CAclubindia Articles

Updates Related To Revamp of IT Act 1961

CA Umesh Sharma 12 November 2024 at 05:56

On occasion of the 165th year of Income Tax Finance Minister Nirmala Sitharaman ji has announced that the much-awaited new direct tax law would soon be introduced in 2025

Common Mistakes to Avoid in Food License Document Submission

Ishita Ramani 11 November 2024 at 09:01

In this article, we shall outline the everyday mistakes made at some stage during the submission of food license documents and guide how to avoid them.

Revision TDS Return Online: Process and Advantages

CA Aman Rajput 11 November 2024 at 06:44

If we talk about the frequency, the TDS return may be revised multiple times, which allows taxpayers to make corrections as and when needed. However, it is advisable to avoid excessive revisions to prevent complexities in record-keeping.

GST Compliance Alert: Check and Rectify Past Claims Before November 2024

Mitali 09 November 2024 at 12:27

GST Returns which are to be filed in November month, those returns are very important as in this month you need to reconcile them thoroughly.

No assumption of deficiency in service can be made unless proved with evidence

FCS Deepak Pratap Singh 09 November 2024 at 07:03

without evidence, and the responsibility to prove the same lies with the complainant.

Income Tax Act Revamp: An Introduction

Vivek Jalan 08 November 2024 at 06:38

The Committee for Comprehensive Review of the Income Tax Act, 1961 has been now formed under the chairmanship of Mr V K Gupta, Chief Commissioner of Income Tax...

Why LLPs are Gaining Popularity Among Small Businesses

Ishita Ramani 08 November 2024 at 06:31

In this article, we explore the key reasons why LLPs are increasingly favoured, focusing on the advantages of LLPs for small business owners.

Income from Renting under House Property Income or PGBP

Vivek Jalan 07 November 2024 at 06:43

Income from rental property has different connotations depending on whether it is treated as house property or business income –· Rental income f

Accounting Concepts and Conventions

prasad Nilugal 07 November 2024 at 06:43

Accounting concepts are the necessary or conditions upon which accounting is based; they are postulates, assumptions, or conditions upon which accounting is based.

Remedies In Case Your Insurance Claim Rejected By Insurance Company

FCS Deepak Pratap Singh 07 November 2024 at 06:43

It's important to remain persistent and proactive in pursuing reimbursement for legitimate medical expenses. Keep thorough records of all communications and documentation related to the claim and continue to advocate for your father's rights as a policyholder.