CAclubindia Articles

Incomes which are now reported in AIS for Individuals

CA Umesh Sharma 05 June 2023 at 14:36

The Income Tax Department has announced the roll-out of a statement namely Annual Information Statement (AIS) which would provide you with almost all details about your financial transactions during the year.

Can Taxing Agricultural Income Benefit Farmers in India?

CA Pallav Singhania 05 June 2023 at 08:57

Introducing a slab-based taxation system for agricultural income could be a feasible approach. By doing so, the burden of taxation can be adjusted according to the income levels of the farmers.

Unveiling Power of Section 71: Accessing Business Premises under GST Act

CA Harshit Goyal 05 June 2023 at 08:57

Under Section 71 of the GST Act, any officer authorized by a proper officer, not below the rank of Joint Commissioner, has the authority to access the premises of a registered person's business

How to Stay Productive and Utilize Your Time Effectively While Waiting for CA Exam Results

CA Rakesh Ishi 03 June 2023 at 14:14

There are practical ways to stay productive and make the most of this waiting time. By following these tips, you can effectively utilize your time, enhance your skills, and manage stress.

Third Party Risk Assessment

CA Amrita Chattopadhyay 03 June 2023 at 09:54

The third-party risk assessment which is also generally known as the supplier risk assessment as most of the risk assessment are done for the associated supplier.

Delhi's GST Collection Over Rs. 34,000 Crores in 2022: Delhi Finance Minister Kailash Gahlot

Abhishek Raja 03 June 2023 at 09:13

Delhi Finance Minister Kailash Gahlot said the collection of GST and VAT in the city was more than Rs.34,000 crores in 2022-23, and claimed Delhi will be a leading state for tax administration through the intervention of artificial intelligence.

Stress & Management of the Stress

CA Satish Badve 03 June 2023 at 09:12

Stress is not an enjoyable word. This is because, every time we approach any Doctor or on social media everywhere it, I mentioned that lot of abnormalities in health & mindset in today's day to day life is because of stress which is eighter due to our work style or lifestyle.

Taxation and Digital Economy

Sakshi Maheshwari 03 June 2023 at 09:12

The rapid growth of the digital economy has transformed the way we live, work, and interact with each other. From online shopping and streaming services to social media and remote work, digital platforms have become an integral part of our daily lives.

Standards on Auditing: List of All Standards along with Practical Approach and examples

Rashmi 01 June 2023 at 09:07

This article aims to emphasize the critical role of SAs in the audit process, highlighting Practical approach with example as a shield against potential storms of investigation and scrutiny.

Section 80DD: Claim tax deduction on medical expenses for disabled persons

Pranab Banerjee 01 June 2023 at 09:06

Individuals or HUFs can claim an exemption under Section 80DD of the Income Tax Act for a disabled person who is wholly dependent on the Individual/HUF for support and services.