CAclubindia Articles

Form 26AS How to view and download on TRACES Portal?

Posted by CCI Team 25 May 2024 13891 Views

Form 26AS is a tax credit statement maintained by the Department of Income Tax. Form 26AS can viewed and downloaded on the TRACES Portal

GST Audit: A Comprehensive Overview

Posted by CA Anoop Kumar Sharma 25 May 2024 3621 Views

In this article we discuss a comprehensive overview that delves into the initiation, timeline, and methodology of GST audits, shedding light on practical considerations.

GST on Gold

Posted by upasana gupta 25 May 2024 28326 Views

Gold and gold-related jewelry are taxed at 3%. Unmounted or unstrung precious stones have a GST rate of 0.25%. Job work related to diamonds and jewelry carries a GST rate of 1.5%.

Cost Inflation Index for FY 2024-25

Posted by Ritika Agarwal 25 May 2024 30896 Views

Cost Inflation Index (CII) is a metric used in India. CII for FY 2023-2024 is 348. Check out the year-wise CII from 2001-02.

Interest u/s 234A, 234B and 234C

Posted by Tony John 25 May 2024 2539026 Views

Interest u/s 234A, 234B and 234C. Know how much interest required to be paid if delay in filing of tax returns, delay in payment of Advance Tax and deferment of Advance Tax.

Planning Your Return or Retirement in India: A Comprehensive Guide for NRIs

Posted by CA Arun Tiwari 25 May 2024 258 Views

This guide will help you navigate the process of returning or retiring in India, providing valuable insights.

Tax Rebate under Section 87A

Posted by Rashmi 24 May 2024 16918 Views

If your taxable income is below Rs 5 lakh in the financial year 2022-23 (assessment year 2023-24), you may be eligible for a tax rebate under Section 87A of the Income Tax Act, 1961.

ITR-4: Who Can File ITR 4

Posted by Hardik Lashkari 24 May 2024 5509 Views

Presumptive income scheme simplifies tax calculation for small businesses with gross receipts or turnover less than Rs 2 crore.

How much income tax can be saved if your annual income is above 10 lakhs

Posted by Priya Mulukutla 24 May 2024 1875 Views

How to Save Tax if Salary is Above 10 Lakhs: know the rate, exemptions and calculation for filling your return.

Dearness Allowance: What is DA?

Posted by Priya Mulukutla 24 May 2024 1376 Views

Dearness Allowance is the additional payment the Government and Public Sector Entities make to their Employees and Pensioners. The intent is to mitigate the effect of rising inflation.