CAclubindia Articles

When Rent Crosses Rs 50,000, Even Individuals Become Deductors!

CA Umesh Sharma 08 April 2025 at 08:35

A taxpayer, is paying Rs 51,000 per month as rent for his residential flat and is not engaged in any business or profession. Based on these facts, is he required to fulfill any tax deduction obligations (such as TDS) on the rent payments?

Digital Signature and DIN: Why They're important for OPC Annual Return?

Ishita Ramani 08 April 2025 at 08:28

This article explains how DSC and DIN are two key requirements for filing an OPC Annual Return.

Tariffs, Tensions and Trade Wars: How U.S. Economic Policies Are Reshaping Global Commerce

Dr. Rashid Mehmood, CPA, Ph.D 08 April 2025 at 08:28

The recent wave of U.S. tariffs imposed on China and a range of other countries has sent ripples through the fabric of global trade. These measures are not merely about numbers and economic metrics-they signify a deeper realignment in international relations, economic strategies, and global market dynamics.

Case Law: Responsibility of Independent Director for Defaults of Company

CS Divesh Goyal 07 April 2025 at 09:13

The case of V. Selvaraj v. Reserve Bank of India (2020) is a landmark judgment that addresses the classification of Independent Directors as 'wilful defaulters' by banks.

Consent Letter for GST Registration: A Free Downloadable Template for Easy Compliance

Daljinder Gill 07 April 2025 at 08:27

The Consent Letter is a formal letter provided by the property owner giving permission for you to use their premises for business activities. This letter is essential if your business address is rented, leased, or located in a shared space.

Validity, Renewal and Compliance Under 80G(5) Registration Rules

Ishita Ramani 07 April 2025 at 08:27

In this article, we will get to know about the validity and compliance rules for 80G(5) Registration.

Income from Social Media Marketing and Its Taxability Analysis for FY 2024-25

CA Niyati Soni 05 April 2025 at 08:45

Taxability of Income from Social Media Marketing in India relevant for Assessment Year 2024-25

Taxation Impact on Buy Back w.e.f 1st October 2024

CS Binit Thakur 05 April 2025 at 08:45

Starting October 1, 2024, significant changes have been implemented in the taxation of share buybacks in India.

Process of Conversion of LLP into a Private Limited Company

CS Binit Thakur 05 April 2025 at 08:36

The conversion of a Limited Liability Partnership (LLP) into a Private Limited Company is governed under the Companies Act, 2013 and requires compliance with the Companies (Incorporation) Rules, 2014.

A Guide to Board Meetings for Different Types of Companies!

CA Tushar Makkar 04 April 2025 at 10:49

The Companies Act 2013 mandates Board meetings as an integral part of corporate governance. These are formal meetings of the Directors of a company organized to discuss important topics and problems related thereto