CAclubindia Articles

FEMA Compounding: Settle Forex Rules Violations

Posted by Affluence Advisory 20 February 2025 279 Views

Understand FEMA compounding rules. Resolve foreign exchange contraventions voluntarily, avoid penalties, and settle issues efficiently with RBI or DoE.

Register Your LLP Online: A Simple Step-by-Step Guide

Posted by Ishita Ramani 20 February 2025 195 Views

Learn how to register an LLP online with our easy-to-follow guide. Discover the steps, benefits, and get your business registered efficiently.

New Tax Bill: Simplified Salary & House Property Rules

Posted by Shree 19 February 2025 1310 Views

Discover how the new Income Tax Bill simplifies Salary and House Property rules for easier tax filing. Learn about clearer language and reduced complexity for self-filing.

Corporate Lessons from Mrs.: 7 Key Takeaways

Posted by CA Pallav Singhania 19 February 2025 434 Views

Discover 7 essential corporate lessons from the movie Mrs., including embracing technology, avoiding single points of failure, and valuing employee ambition.

Condonation of Delay in ITR Filing: Section 119(2)(b) Explained

Posted by CA Varun Gupta 19 February 2025 2295 Views

Understand Section 119(2)(b) & CBDT Circular 11/2024 for condoning ITR filing delays. Learn eligibility, procedures, and implications for refunds & loss carry-forwards.

Tax Year vs Financial Year: Understanding the Income Tax Bill

Posted by Ayush 18 February 2025 1424 Views

Confused by 'tax year' and 'financial year'? Understand the key changes in the Income Tax Bill 2025 and how they affect your tax obligations.

New Tax Bill vs Old: Key Changes Explained

Posted by Poojitha Raam Vinay 18 February 2025 509 Views

Discover the key differences between the Old and New Tax Bills. Learn about simplified structures, digital assets, startup support, and more. Read now!

LTCG Setoff: Section 112 Amendments vs. Section 48

Posted by Prahlad Raykar 18 February 2025 809 Views

Understand the impact of Section 112 amendments on LTCG setoff. Learn how indexation benefits and capital losses are treated after July 23, 2024.

New Income Tax Bill 2025: Simpler Tax Laws Explained

Posted by CA Umesh Sharma 18 February 2025 127 Views

Discover the proposed Income Tax Bill 2025, set to replace the 1961 Act. Learn how it simplifies tax laws, reduces sections, and clarifies terms from April 1, 2026.

Comprehensive Comparison of Section Numbers: Income Tax Act, 1961 vs. Income Tax Act, 2025

Posted by CA Varun Gupta 18 February 2025 7985 Views

To assist with this transition, the government has released a comparison chart that maps the sections of the Income Tax Act 1961 to their corresponding sections in the Income Tax Act 2025. This chart will be highly beneficial in helping you quickly locate the new sections if you remember the old section numbers.