CAclubindia Articles

Budget 2024-25: Changes under GST Law

Posted by Bimal Jain 24 July 2024 1723 Views

Changes under GST Law as proposed in Budget 2024-25

A Brief Discussion on the Proposed Chapter XIVB of Income-tax Act, 1961

Posted by Anumanchipalli Sathikonda 24 July 2024 575 Views

A BRIEF DISCUSSION ON THE PROPOSED NEW CHAPTER XIV-B IN THE FINANCE BILL

Highlights of Union Budget 2024 by FM Nirmala Sitharaman

Posted by CA Aman Rajput 23 July 2024 856 Views

Explore the key takeaways from the Union Budget 2024 presented by FM Nirmala Sitharaman

Changes in Slab Rate For FY 2024-25 and AY 2025-26

Posted by Mitali 23 July 2024 8180 Views

Income tax slabs are the categories of income levels that determine the rate at which income tax is charged for the applicable financial year (FY) and assessment year (AY).

SEBI Releases Consultation Paper Introducing New Asset Class/Product Category

Posted by Affluence Advisory 23 July 2024 196 Views

Securities and Exchange Board of India ('SEBI') released a consultation paper dated: July 16, 2024 on introduction of new asset class/ product category.

What if ITR is not Filed before 31st July 2024?

Posted by CA Umesh Sharma 22 July 2024 1433 Views

Due date for filing of Income Tax Return for Individuals is 31st July, but still, many people around the nation have not filed their Income Tax Return. What are the implications of not filing the ITR on time?

Rectify Mistakes of Your Unverified ITR Without Filing Revised ITR

Posted by Mitali 22 July 2024 2015 Views

Filing an income tax return requires a careful and detailed process. But despite of our best efforts, mistakes happen.

Suggestion to Permanently Change ITR Filing Due Date to 31st August

Posted by Mitali 22 July 2024 2020 Views

Suggestion to permanently change the deadline has been given by the taxpayers as they are facing difficulty in accessing Form 26AS and AIS. Due to technical issues on the Income Tax Portal, there is an increasing demand to extend the ITR filing deadline from July 31, 2024, to August 31, 2024.

Understanding the Importance of MSMEs in Today's Economy

Posted by Priya Garg 22 July 2024 286 Views

In recent years, Micro, Small, and Medium Enterprises (MSMEs) have gained significant importance in driving economic growth and development. These businesses pl...

Payment of Tax Liability by Transferee of Transferor in an agreement of amalgamation is of capital nature [Bombay HC]

Posted by FCS Deepak Pratap Singh 22 July 2024 254 Views

In the instant case, evidently, the tax liability discharged by the assessee was in pursuance of the agreement with the transferor for taking over the business and was a part of the consideration for the transfer.