CAclubindia Articles

Tax Rebate under Section 87A

Posted by Rashmi 24 May 2024 16917 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.

Different Grounds in Show Cause Notice and Order in Indian Indirect Tax and GST Law

Posted by Abhishek Raja 24 May 2024 3346 Views

A Show Cause Notice (SCN) is a preliminary document issued by tax authorities to a taxpayer when there is an alleged non-compliance or violation of tax laws.

Best Judgement Assessment - A Thoughtful Analysis!

Posted by Leena TheRaja 24 May 2024 1436 Views

Section 144 of the Income Tax Act outlines the procedure for making assessments when a taxpayer fails to fulfill certain obligations, such as submitting returns or complying with notices issued by the Assessing Officer.

Duplicate PAN Card: How to apply for a Reprint of PAN card with Aadhaar

Posted by Binu Francis 23 May 2024 20499 Views

If you want to reprint your PAN card then visit official website and select the option for PAN reprint or duplicate request. Check out the full details here.

Concept of Income Tax

Posted by Mitali 23 May 2024 4601 Views

Understanding tax concepts is very crucial as its helps individuals and businesses to plan their finances more effectively.

Industry Standards for Verification of Market Rumours: SEBI

Posted by CA Aman Rajput 23 May 2024 345 Views

Recently, Inter-alia SEBI came up with the New Initiative for Enhanced Transparency and Compliance. Let's start this article with a brief introduction to the circular.

GST Number Search Tool : GSTIN Verification Online

Posted by Ritika Agarwal 22 May 2024 23213 Views

The GSTIN Verification tool shows the data from the GST portal to check whether the GST number you searched is a genuine registered number or not. The process to verify is very simple