CAclubindia Articles

Responsibilities of the NBFCs registered with RBI, with regard to submission and compliances

Posted by Affluence Advisory 27 March 2024 772 Views

A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013, engaged in the business of loans and advances, acquisition of shares/ stocks/ bonds/ debentures/ securities issued by Government or local authority or other marketable securities

TCS Rate: Responsibility to collect TCS as per Income Tax Act

Posted by Mitali 27 March 2024 4393 Views

The responsibility to collect Tax Collected at Source lies with certain specified persons or entities as mandated by the Income Tax Act. These entities collect tax from the payee at the time of sale or provision of certain goods or services.

Exemption u/s 54 cannot be denied merely due to mistake by the developer

Posted by CA. Bhavik P. Chudasama 27 March 2024 566 Views

Mukesh Harilal Mehta Vs ITO 16(3)(1) (ITAT Mumbai) Appeal Number : ITA No. 2256/MUM/2023

Section 43B (h) of Income Tax Act, 1961 - Disallowances of expenses due to non-payment to MSMEs

Posted by CA Piyush Agarwal 27 March 2024 5639 Views

Section 43B (h) of Income Tax Act, 1961

Improve Your Public Speaking Skills as a CA: Join a Toastmasters Club Today

Posted by CA Rakesh Ishi 27 March 2024 473 Views

As a Chartered Accountant (CA), effective communication is critical to success. Whether you're presenting financial reports, leading a team, or networking with clients, speaking confidently and persuasively is essential. Joining a Toastmasters club can help you improve your public speaking skills.

Form 33 Clearance Certificate for NRIs

Posted by CA Arun Tiwari 27 March 2024 516 Views

In this article, we'll explore the concept of the Form 33 clearance certificate, its eligibility criteria, documentation process, and benefits in property transactions.

Burn All Your Previous MSME Outstanding Before 31st March 2024?

Posted by CA Umesh Sharma 27 March 2024 1768 Views

The introduction of Section 43B(h) in the Income Tax Act, 1961, signifies a move towards responsible business practices, similar to celebrating Holi with not only colours but with care and consideration for others.

Empowering SMEs: Business Strategy Planning Support Services

Posted by Sundaran.D 26 March 2024 243 Views

In the dynamic landscape of business, Small and Medium Enterprises (SMEs) grapple with a myriad of obstacles. Ranging from intense competition to shifting consumer preferences and technological advancements, SMEs encounter challenges in sustaining growth and securing long-term success.

Beyond Borders: Understanding the Impact of the Black Money Act on Foreign Assets and Income

Posted by DHANUSH D BOLAR 26 March 2024 1098 Views

This article simplifies these requirements, covering property, stocks, ESOPs, and shares held abroad. Understanding what needs to be disclosed in the income tax returns and the consequences of non-compliance can help avoid legal and financial penalties.

HR Audits: Ensuring Legal Compliance and a Happy Workplace

Posted by CA Rakesh Ishi 25 March 2024 1310 Views

HR audits are important because they help avoid legal problems and make sure employees are happy. By checking how things are done, companies can fix issues and prevent lawsuits or complaints.