CAclubindia Articles
Preparation for CA Exams - Guidance to Students
Chhaviraj Joshi
31 August 2024 at 08:39
A professional course such as CA, CS or CMA is highly desirable by students because of the specialized knowledge (Accountancy, Law, Costing, and other subjects) it imparts and also tremendous career opportunities, whether in job or practice. Also to be considered is that these professionals have certification power backed by the law.
Towards a Modern Tax System: The Need for a New Income-Tax Act in India
Sachin 31 August 2024 at 08:35
In her budget speech in July 2024, Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income-Tax Act. The review is expected to be completed before the next Budget, aiming to reduce compliance burdens and improve clarity for taxpayers.
Comparative Analysis of Private Placement and Preferential Allotment
Affluence Advisory 31 August 2024 at 08:32The rise in start-up culture and entrepreneurship in India over the past few years has resulted in an increase in fundraising by businesses. While launching a business has many obstacles, raising finance is the main one that all new businesses must overcome.
Mechanism to compliance of Section 15(3)(b)(ii) of CGST Act, 2017
CA Amit Harkhani 30 August 2024 at 13:25
Here's a simplified explanation of the mechanism for providing evidence of compliance with Section 15(3)(b)(ii) of the CGST Act, 2017 (Circular No. 212/6/2024_26.06.2024).
Amendments In Income Tax Act 1961 through Finance Act, 2024
Suyash Raj Nahata 30 August 2024 at 09:00The Finance (No. 2) Bill, 2024 was presented by the Hon'ble Finance Minister (FM) Nirmala Sitharaman on 23 July 2024. While moving the Bill for approval by the Lok Sabha on 7 August 2024, the FM introduced amendments to FB (No, 2) 2024 (Amended Bill) and the bill was passed on 16th of August, 2024 in form of THE FINANCE (No. 2) ACT, 2024.
Impact of New GST Registration Rules on Startups
Ishita Ramani 30 August 2024 at 08:48
This article examines how the new GST registration regulations will affect startups, highlighting the advantages as well as the difficulties.
Introduction of RCM Liability/ ITC statement
Affluence Advisory 30 August 2024 at 08:45A statement called RCM liability/ ITC statement has been introduced on GST portal.
Essential Income Tax Deadlines for September 2024
Sachin 30 August 2024 at 08:43
Tax planning is vital for effective financial management and avoiding penalties. The income tax department has outlined crucial deadlines for September 2024.
Filing Belated Income Tax Return & Common Reasons for Delayed Filing
Sachin 29 August 2024 at 08:39
You can file a belated Income Tax Return (ITR) if you missed the original deadline of July 31. The deadline to file a belated ITR is December 31 of the assessment year.
Case Study: Change in Accounting Estimates And Errors Reporting
FCS Deepak Pratap Singh 29 August 2024 at 08:39In the given case, the retrospective restatement has no effect on the information in the balance sheet at the beginning of the preceding period (i.e., 1st April 2021). Therefore, PQR Ltd. is not required to present a third balance sheet.
Popular Articles
- Income from Renting under House Property Income or PGBP
- GST Compliance Alert: Check and Rectify Past Claims Before November 2024
- Revision TDS Return Online: Process and Advantages
- RCM on Rent for Family-Owned Properties: Impact of Notification No. 09/2024
- GST Amnesty Scheme 2024: Sec 128A of CGST Act 2017
- Resolving Gaps Between GSTR-2B and GSTR-3B Data
- Updates Related To Revamp of IT Act 1961
- Understanding the New IMS (Invoice Management System) on GST Portal
CAclubindia
