CAclubindia Articles

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

Posted by Sahil Jaiswal 03 September 2024 4559 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 725 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 1755 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 1184 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.

Lease Rent Payments: Fixed vs Variable Explained

Posted by FCS Deepak Pratap Singh 02 September 2024 380 Views

Understand how fixed and variable lease rent payments are calculated for lease liability. Learn what's included and excluded under Ind AS 116.

September 2024 Compliance Deadlines for UK Businesses

Posted by DSC Sign 02 September 2024 431 Views

Stay compliant in September 2024! Discover key deadlines for Income Tax, GST, MCA, PF, ESI, and Professional Tax. Avoid penalties and ensure smooth operations.

Holding Period for Residential Properties: Allotment or Agreement? A Comparative Analysis

Posted by CA. Bhavik P. Chudasama 31 August 2024 4899 Views

This article aims to shed light on this issue, analyzing relevant case laws and providing a comprehensive understanding of the prevailing legal position.