CAclubindia Articles

New GST Registration: When Your Business Needs One

Posted by Ishita Ramani 04 September 2024 205 Views

Discover when your Indian business needs a new GST registration number. Learn about turnover thresholds, inter-state sales, e-commerce, and voluntary registration.

No Income Tax Rebate Under Rs 7 Lakh? Key Scenarios

Posted by Sachin 04 September 2024 1369 Views

Discover why you might not get an income tax rebate under Section 87A, even with income below Rs 7 lakh. Learn about LTCG, tax regimes, and special incomes.

GST on Salvage Value in Motor Insurance Claims

Posted by CA Amit Harkhani 03 September 2024 273 Views

Understand GST implications on salvage value in motor insurance claims. Learn when insurers pay GST on wrecked vehicles and when they don't.

Direct Tax Code (DTC): Features, Challenges & Criticisms

Posted by Sahil Jaiswal 03 September 2024 4556 Views

Explore India's Direct Tax Code (DTC): understand its key features, the challenges faced during implementation, and the criticisms it has drawn. Learn about tax reform.

Can You Trade Life Insurance Policies? The Legal Position

Posted by FCS Deepak Pratap Singh 03 September 2024 719 Views

Discover if trading life insurance policies is allowed. Understand the legal standing and court decisions regarding the assignment and transfer of life insurance.

No ITC Reversal for Non-Taxable LIC Premium Portion

Posted by CA Amit Harkhani 03 September 2024 241 Views

Understand why Input Tax Credit (ITC) isn't reversed for the portion of LIC premiums excluded from taxable value under Rule 32(4). Learn about life insurance taxability.

India's Tax Evolution: Ancient Roots to Modern GST

Posted by akansha Singh 02 September 2024 1754 Views

Explore the fascinating evolution of taxation in India, from ancient texts to the modern GST system. Discover key historical changes and their impact.

Tax Audit Report Deadline: Who Must File by September?

Posted by CA Umesh Sharma 02 September 2024 1180 Views

Discover who needs to file an Income Tax Audit Report by September 30th. Learn about turnover thresholds for businesses and professionals to avoid penalties.

New e-DRS Scheme: Resolve Tax Disputes Faster

Posted by CS Lalit Rajput 02 September 2024 669 Views

Discover the new e-DRS scheme for resolving income tax disputes. Learn about its online platform, eligibility, and how to apply for faster, cost-effective resolution.