CAclubindia Articles

Clarity on TDS Refund Process: Form 71 Addresses Absence in Form 26AS for Income Booking

Posted by CA.Sangam Aggarwal 13 January 2024 5550 Views

Form 71 u/s 155(20) of IT Act, 1961 TDS refund in case not appearing in Form 26AS in the year of Income booking

How much Income is "Sufficient Income"?

Posted by CA Umesh Sharma 13 January 2024 2566 Views

In this series of "Arthneeti", we will discuss about sufficiency of Income.

Personal Guarantee by Directors and GST

Posted by CA Roopa Nayak 13 January 2024 2876 Views

BackgroundIn the past few years,under GST regime, there had been notices being issued demanding GST on guarantees given in respect of loans by director of compa...

Minimising NRI Taxes: Strategies for Maximum Investment Returns

Posted by CA Arun Tiwari 13 January 2024 1754 Views

This guide explores the Tax Management strategies - Complete Tax Avoidance, Reducing Tax Liability, and Postponing Taxation To provide you with strategies that can significantly enhance your investment portfolio's profitability.

MSME Case Filing, Step-by-Step Procedure

Posted by CA Aman Rajput 13 January 2024 6719 Views

Have your money been stuck since long? It's easy way to get it recovered if you are registered in MSME, now you might be wondering how to register a case?

Competition Law and MSMEs in India

Posted by CA Divyajeet Singh Sabharwal 13 January 2024 1232 Views

In this article, let's explore the intricate relationship between Micro, Small, and Medium-Sized Enterprises (MSMEs) in India and the country's competition law....

Documents for which E-invoicing is compulsory

Posted by Naveen Goyal 12 January 2024 5540 Views

Every business entity is required to issue various documents for transacting purchase and sale transactions. But e-invoicing is not compulsory for each and every document.

ITR-U: Empowering Accuracy and Compliance in Tax Filings

Posted by CA Brijmohan Lavaniya 12 January 2024 3806 Views

ITR-U, known as Updated Return, enables individuals to rectify mistakes or omissions in their income tax returns. Introduced in the Union Budget 2022 offers taxpayers to file ITR if they have unintentionally left out a source of income or committed errors in their initial ITR submission, Section 139(8A) of the Income Tax Act grants a two-year period for corrections.

Decoding Key Features of The Mediation Act 2023

Posted by CA Gyati Gupta 12 January 2024 1922 Views

The Mediation Act, 2023 was officially announced by the Central Government in India on September 15, 2023.

How to file RTI Application?

Posted by Ishita Ramani 12 January 2024 1527 Views

The full form of RTI is the Right to Information, which is governed by a revolutionary law namely, the Right to Information Act, 2005. The main objective of RTI Act is to promote transparency in government institutions in India.