CAclubindia Articles

Filing ITR is Mandatory despite Income below Exemption Limit

Posted by CA Pallav Singhania 20 April 2024 19034 Views

According to the Income Tax Act of India, individuals are mandated to file an Income Tax Return (ITR) only if their annual income surpasses the basic exemption limit.

Capital Gain Tax on Shares: Calculation of Income Earned For FY 23-24

Posted by Khush Trivedi 19 April 2024 9266 Views

As we all know nowadays Stock trading & investments are increasing rapidly & it is important to know about the taxability of these transactions.

Various Types of Charges on Property

Posted by Ishita Ramani 19 April 2024 618 Views

In this post, we will discuss the many charges that can be made against your property, the contrasts between moveable and immovable property, and the importance of the Transfer of Property Act of 1882.

Guide to Buyback of Shares in India under Companies Act & Tax Considerations

Posted by Affluence Advisory 19 April 2024 1549 Views

With the flourishing economic conditions in India and the government’s proactive measures to ensure that there is ease of doing business, various foreign institutional investors, foreign multinationals companies have been making investments in the country.

Navigating the Business Landscape: The Imperative of Effective Cost Management for SMEs

Posted by Sundaran.D 19 April 2024 171 Views

Navigating the complex terrain of business, small and medium-sized enterprises (SMEs) face a myriad of challenges, from economic uncertainties to technological disruptions.

Importance of a Well-Crafted Signature for Chartered Accountants (CA)

Posted by CA Rakesh Ishi 18 April 2024 3709 Views

As a Chartered Accountant (CA) your signature is more than just a formality - it's a strong statement about your identity and professionalism. Creating a thoughtful signature can improve your professional image and make a lasting impression.

Did You Receive TDS SMS Alert From IT Department

Posted by Shivani 18 April 2024 1725 Views

Once a taxpayer receives SMS alert from the income tax department regarding TDS, taxpayers should verify the information provided in the SMS with their office salary slips or other relevant documents to ensure accuracy.

Addressing ITC Mismatch: A Comprehensive Guide to DRC-01C Notice Response

Posted by Abhishek Raja 18 April 2024 4010 Views

Through this comprehensive walkthrough, taxpayers will find essential insights into adhering to the new compliance mechanisms, thereby mitigating the risk of tax credit discrepancies and ensuring smoother tax operations.

Debt Mutual Fund Taxation

Posted by CA Ruby Bansal 18 April 2024 1582 Views

Debt mutual funds are those investments that are primarily invested in fixed-income securities such as bonds, debentures, and other money market instruments. These funds focus on generating returns through interest income and capital appreciation from bond investments.