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CAclubindia Articles


New Tariff Walls

Posted by Affluence Advisory 17 May 2024 324 Views

Since 2018, an economic rift has persisted between China and the United States (US), spurred by a revision in the foreign economic stance under President Donald Trump's administration.



Legal Status and Ethical Considerations Surrounding Animal Welfare: An Evolving Landscape

Posted by CA Gyati Gupta 17 May 2024 265 Views

In the annals of legal history, the treatment of non-human entities, particularly animals, has undergone a profound evolution. Once considered liable for their own actions and subject to punishment for wrongdoings, today's legal landscape offers a markedly different perspective.



Consolidated Fund of India : Who Gets Salary From This Fund?

Posted by Mitali 16 May 2024 1753 Views

Consolidated Fund of India is one of the most important government accounts which includes revenue from various sources.



Transactions Reporting under SFT

Posted by CA Anoop Kumar Sharma 16 May 2024 2737 Views

SFT is a mechanism for monitor high-value transactions conducted by Assessee/customer; a significant regulatory measure was introduced with the inception of Form 61A under Section 285BA, effective from April 1, 2004, as per Notification No. 182/2005 dated July 11, 2005.



Income Tax India's AIS Upgrade: A Closer Look at New Functionalities

Posted by Abhishek Raja 16 May 2024 1802 Views

The Income Tax Department has now upgraded the AIS functionality, allowing taxpayers to track the confirmation status of information reported by sources like banks. This new feature aims to increase transparency by displaying if the source has accepted or rejected feedback on incorrect data in the AIS.



Tax treatment of Livestock: Analysis

Posted by CA Aman Rajput 15 May 2024 2580 Views

In India, the dairy industry forms an important part of the agricultural sector and plays an important role in the growth of India's economy. Another important area is providing livelihoods to hundreds of people across rural and urban areas.



Liability of Directors in case of a Private Company

Posted by Affluence Advisory 15 May 2024 1404 Views

In this article, we have tried to cover the liability of directors under different laws, i.e., company law, income tax, and GST.



Is trading possible without paying tax?

Posted by Khush Trivedi 15 May 2024 1245 Views

According to Times of India the investor base has seen more than 3x jump in the last five years, facilitated by rapid growth in digitization, rising investor awareness, financial inclusion, and strong market performance.



Understanding Tax Implications for NRIs in FY24

Posted by CA Arun Tiwari 15 May 2024 477 Views

As we explore the fiscal year 2024 (FY24), it's crucial to understand the intricate tax implications for NRIs to ensure compliance with Indian tax laws and optimize tax efficiency.



Understanding Systems Audit and Process Audit: A Comparative Analysis

Posted by Sundaran.D 15 May 2024 831 Views

In the sphere of organizational management, audits serve as indispensable tools for enhancing efficiency, ensuring compliance, and driving overall effectiveness. Among the array of audit types, two stand out prominently: systems audit and process audit.




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