CAclubindia Articles

GST on Flat Purchase for FY 2023-24

Posted by Priya Mulukutla 15 March 2024 6290 Views

Buying a house is a significant and often long-term investment of money. GST is to be considered in such transactions. Knowing whether or not GST is applicable shall affect the budgeting of the buyer on such a purchase.

Making SME Payments by 31st March 2024 for compliance u/s 43B(h) of Income Tax Act

Posted by Vivek Jalan 15 March 2024 18255 Views

In this article, we pen down the statutory requirements and analysis of this new amendment in detail.

What are the Patent Laws in India?

Posted by Ishita Ramani 15 March 2024 327 Views

This article covers information like Patent Law in India, "What is a Patent?", Patent Filing Process in India and Patent Rights in India.

Advance tax e-campaign based on significant transactions

Posted by Sparsh Wadhwa 15 March 2024 1061 Views

The Income Tax Department has received information on financial transactions relating to XXXX SINGH PAN XXXXX1650X for Financial Year 2023-24 (AY 2024-25). It is seen that your advance tax payment for F.Y. 2023-24 is apparently not commensurate with such financial transactions undertaken by you during this period.

Understanding Electoral Bonds: An Insight into India's Political Funding Mechanism

Posted by CMA Sonam Verma 14 March 2024 1954 Views

In this article, we'll delve into the concept of electoral bonds, their functioning, controversies surrounding them, and their implications for Indian democracy.

Recent Tax Updates

Posted by Venkat Raj 14 March 2024 845 Views

The Financial Year 2023-24 is coming to an end in fortnight. The books of accounts of all entities are at the closing stage, and wherever a requirement arises, provision as required needs to be created. Let us analyze a recent ruling!

Refund Process under GST across Different Categories

Posted by Affluence Advisory 14 March 2024 2755 Views

In this article, we have attempted to summarize the computation of refund amount under different categories along with broadly outlining the process.

Cancellation, Suspension and Revocation of GST registration

Posted by Affluence Advisory 13 March 2024 2597 Views

Nowadays, the matters relating to cancellation of GST registration specifically cancellation from retrospective date are being seen on recurring basis. Almost, every other day we see judgement pronounced by some or other High Court dealing with cancellation of GST registration by department.

ITR Filling for Businesses For FY 2023-24

Posted by Priya Mulukutla 13 March 2024 1702 Views

Filing an Income Tax Return(ITR) for businesses is an intricate and extensive process involving many important aspects that the entity should consider.