CAclubindia Articles

Remission and Extinguishment of Tax Demand

Affluence Advisory 12 March 2024 at 14:54

This article summarizes a recent order issued by the Central Board of Direct Taxes (CBDT) on the remission or extinguishment of small tax demands outstanding as of January 31, 2024, under the Income Tax Act 1961 (ITA), Wealth Tax Act 1957, or Gift Tax Act 1958 (referred to as relevant Acts).

Points to remember while filing ITR for FY 2023-24

Priya Mulukutla 12 March 2024 at 12:08

Filing Income Tax Returns (ITR) can be confusing and time-consuming when not done methodically. Here are a few points to remember to aid everyone’s return filing process.

Reversal of ITC on High Sea Sales u/s 17(2) of CGST Act

Udaya Chandran 12 March 2024 at 08:56

High Sea Sales is one kind of sale transactions prevalent in trade practices where the original importer arranges to sell the importing goods to another buyer b..

Allowability of Interest on delayed payment of TDS

CA VIVEK JALAN 12 March 2024 at 08:53

For claiming an expenditure while determining the taxable income, an assessee should satisfy the twin conditions of allowance of expenditure pursuant to the provisions of Sec. 30 to 37 of the Act.

Understanding Income Tax Return (ITR): A Comprehensive Guide

CMA Sonam Verma 12 March 2024 at 08:53

This article aims to provide a comprehensive guide to understanding ITR, including its significance, different types, and the process of filing.

How One should Plan Finances in their Youth?

CA Umesh Sharma 12 March 2024 at 08:53

Wise financial planning in your twenties not only secures your future but also ensures you live your present life more fully and without regret. Let's explore how to effectively navigate this decade financially.

Download MSME Registration Certificate Online

Khush Trivedi 11 March 2024 at 11:26

MSME stands for Micro, Small, and Medium Enterprisesare backbone of the growing Indian Economy as such industry has a Huge scope of Growth in upcoming Era.

TAN Application Online: How to apply For TAN

Khush Trivedi 11 March 2024 at 10:49

Every person who is required to deduct TDS(Tax deducted at source)or TCS (Tax Collection at source) of any other person need to obtain TAN (Tax Deduction and Collection Account Number) in order to avail TAN one have to file 49B.

Green Finance: Paving the Way for Sustainable Growth

CA Rakesh Ishi 11 March 2024 at 08:38

This article goes into the world of green finance, looking at its importance, benefits, obstacles, and possible impact on our economy and environment.