CAclubindia Articles

Income Tax Dept Watches High-Value Credit Card Use

Posted by Sahil Jaiswal 27 September 2024 8546 Views

The Income Tax Department monitors credit card spending over ₹10 lakh to detect tax evasion. Ensure your spending matches your declared income.

How to Claim Capital Gain Tax Exemption on Redevelopment Projects?

Posted by Chaitra Seetharam 27 September 2024 3450 Views

Section 45 of the Income Tax Act, 1961, provides that any profits or gains arising from the transfer of a capital asset effected in the previous year will be chargeable to income tax under the head 'Capital Gains'.

GST on Real Estate: Rates & Analysis

Posted by Ashok Pitroda 26 September 2024 827 Views

Understand GST on real estate in India. Explore rates for residential & commercial properties, TDR, FSI, and joint development agreements.

GST on Leases & Rentals: Your Complete Guide

Posted by CA S K Mishra, FCA, FCMA , MBA 27 September 2024 1736 Views

Understand GST implications for lease and rental transactions. Learn about finance vs. operating leases, GST rates, and ITC eligibility.

Financial Concurrence in Public Sector Undertakings (PSU)

Posted by CA S K Mishra, FCA, FCMA , MBA 28 September 2024 1423 Views

In Public Sector Undertakings, powers are delegated to the officers by the management as per departmental guidelines. Financial concurrence power is exercised by officers within an organisation as per Delegation of Power (DOP).

Income Tax Audit Deadline: Sept 30 - File Now!

Posted by Chaitra Seetharam 26 September 2024 3682 Views

Don't miss the September 30 deadline for income tax audit submissions. Learn about limits, penalties for late filing, and how to submit your report.

Deemed Dividend Explained: Section 2(22) of Income-tax Act

Posted by Affluence Advisory 26 September 2024 947 Views

Understand Section 2(22) of the Income-tax Act, 1961 regarding deemed dividends. Learn about loans, advances, and their implications for shareholders.

Persuasive Judicial Decisions: Understanding Their Value

Posted by Abhishek Raja 26 September 2024 916 Views

Discover the difference between authoritative and persuasive judicial decisions. Learn how persuasive precedents influence legal reasoning and case law.

Boost Your Credit Rating: Key Financial Indicators

Posted by J. D. Shah Associates 28 September 2024 717 Views

Discover key financial indicators like TOL/TNW, Current Ratio, and ROCE that impact your business credit rating. Improve borrowing power today!

Convert Sole Proprietorship to Private Limited Company

Posted by J. D. Shah Associates 26 September 2024 298 Views

Discover the benefits and process of converting your Sole Proprietorship to a Private Limited Company. Secure assets & boost growth. Get expert help today!