CAclubindia Articles

Suits by unregistered partnership firm: Maintainable?

Sonam Malik 03 March 2023 at 13:06

It has been disputed for a long, whether an unregistered partnership firm can file a suit albeit the long-standing provisions of the Indian Partnership Act, 1932 which clearly bars the unregistered partnership firm to file suit in any court. In this regard, there have been various contradictory judgments.

Section 44AB: Applicability of Tax Audit & Penalty

Mitali 03 March 2023 at 12:58

What is tax audit?The dictionary meaning of the term "audit" is check, review, inspection, etc. There are various types of audits prescribed unde

Advance Tax Payment

CA Sanat Pyne 03 March 2023 at 08:57

Advance tax is a tax that needs to be paid in advance on estimated income, in contrast to the regular tax paid at the end of the financial year. In this article, we will cover the basics of advance tax, including the procedure for calculating and paying it.

Latest key amendments effective from 1st April 2023

Affluence Advisory 03 March 2023 at 08:57

Brief highlights of the Recent Key Amendments which will become effective from April 01, 2023, and actions to be taken by the respective Companies for the same

Detailed analysis of start-up in India

CA Sanat Pyne 03 March 2023 at 08:57

In this article, we will explore the procedure to incorporate a startup company in India and its benefits.

How technology is modernizing CA and CS Firms

Team IN Filings 02 March 2023 at 14:19

In today's rapidly-evolving business landscape, technology is revolutionizing the way companies operate. From streamlining workflows to enhancing client service, technology has become a game-changer in every industry, and accounting and compliance are no exception.

Ultimate Guide to Avoid Home Loan Mistakes in India

Rashmi 02 March 2023 at 14:19

Biggest mistakes people make in India while applying for a home loan has been explained in this article

What is works contract and how to make agreement for it?

Ashok Pitroda 02 March 2023 at 08:52

Works Contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration, or commissioning of any immovable property wherein transfer of property in goods is involved in the execution of the such contract.

All about Composition Scheme of GSTR

Ishita Ramani 02 March 2023 at 08:52

The GST Composition Scheme was created to make GST payment easy for MSME businesses and simplify GST return filing. Small taxpayers can avoid time-consuming GST processes by paying GST at a fixed rate of turnover.

Benefits available to a senior citizen in filling ITR for FY 2022-23

Aisha 01 March 2023 at 16:23

Senior citizens and a very senior citizen are granted a higher exemption limit as compared to normal tax payers. Exemption limit is the quantum of income up to which a person is not liable to pay tax.