CAclubindia Articles

GSTR 9C : Penalty for late filling

Posted by Venkatesh Neeli 04 April 2024 114793 Views

Penalty levying for GSTR-9C for late filing u/s 125 of CGST Act is unconstitutional and unfair where late fees has already been collected by the government for GSTR -9.

Navigating the Labyrinth of GST Notices: A Detailed Guide on Show Cause Notices

Posted by Abhishek Raja 04 April 2024 2460 Views

This article delves deep into the critical points that taxpayers and professionals must consider while dealing with SCNs under the GST regime.

GST: Action Points of Closing of FY 2023-24

Posted by Affluence Advisory 04 April 2024 3314 Views

Checklist to be followed in March 2024 for the GST Compliances of FY 2023-24

Importance Of Mobile Security In The Digital Era

Posted by CA Amrita Chattopadhyay 04 April 2024 327 Views

A simple gadget over a period of time has become a pocket-sized computer holding treasure of information and data, thus resulting in greater risk of data loss.

NRI Property Transactions & Sale Proceeds Repatriation

Posted by CA Arun Tiwari 04 April 2024 1086 Views

This article will cover the laws regarding property purchase and sale by NRIs, as well as the repatriation of sale proceeds, in separate sections.

CMP-08 : Due Date, Penalty and Filing Process

Posted by Shashank kothiyal 03 April 2024 16974 Views

All the registered taxpayers paying tax under the provisions of section 10 of CGST Act 2017 or availing benefits of Notification No. 2/2019-Central Tax (Rate)

SAC code in GST

Posted by Ishita Ramani 03 April 2024 12652 Views

The GST system uses a nomenclature called SAC code, which was created by the Central Board of Indirect Taxes and Customs. These codes aid in identifying services and their corresponding GST rates to calculate the applicable tax amount.

Income Tax on Salary For FY 23-24

Posted by Priya Mulukutla 03 April 2024 5170 Views

This article covers steps to Calculate Income Tax on Salary for FY 23-24 followed by an Illustration considering both Old and New Regime!

Section 80TTA and 80TTB : Deduction on Interest Income

Posted by Prajjwal Kaushik 03 April 2024 41483 Views

As per the existing provisions of the section 80TTA, there is a deduction up to Rs. 10,000 allowed to an assessee in respect to Interest Income from savings acc...

Section 8: Company Annual Compliance

Posted by Ishita Ramani 03 April 2024 9148 Views

Section 8 companies are non-governmental organizations that are established to promote various activities such as sports, commerce, charitable works, science, art, and more.