CAclubindia Articles

Maintaining Integrity of the Chartered Accountant Profession: Analysis on HC judgement w.r.t Misconduct

Posted by CA Aman Rajput 21 November 2023 14475 Views

The recent case of the Institute of Chartered Accountants of India v. Manakchand Laxman Baheti serves as a stark reminder of the importance of ethical conduct within the Chartered Accountant (CA) profession.

Diwali Gifts, Perquisites and Tax Issues

Posted by CA Umesh Sharma 20 November 2023 4182 Views

There are many taxpayers who gain financially by receiving Gifts on various occasions and Diwali is one of them. There is no Tax Exemption for Gift received from third person if value of Gift exceeds Rs. 50,000.

GST Reconciliation: A Comprehensive Guide for Indian CAs, Accountants and Businesses

Posted by Aisha 20 November 2023 21978 Views

In this blog, we will discuss the importance of GST reconciliation, the challenges that businesses face, and how Suvit can help. We will also provide best practices for GST reconciliation and common mistakes to avoid.

GST on Personal & Corporate Guarantee

Posted by CA Akshay Hiregange 20 November 2023 3577 Views

The 52nd GST council has recommended clarity w.r.t personal guarantee given by a director and Corporate Guarantee including GST taxability on the same. This has been a long pending issue.

Hostels/PGs and GST exemption for residential accommodation

Posted by CA Roopa Nayak 20 November 2023 14255 Views

In this backdrop, the paper writer has examined GST exemptions available to this sector under GST,as well as whether GST would be liable on renting of residential accommodation as well as on hostels charging upto Rs.1000 per day per unit post 18.7.2022.

Distinguishing Characteristics: Chartered Accountants vs. Non-CA Consultants

Posted by Usama Ansari 20 November 2023 29443 Views

In this article, we'll delve into the distinguishing characteristics that set Chartered Accountants apart from non-CA consultants.

RBI Enhances Risk Weights on Consumer Credit and Bank Credit to NBFCs

Posted by CA Aman Rajput 20 November 2023 1250 Views

The Reserve Bank of India (RBI) has announced a set of measures to address the high growth in consumer credit and the increasing dependence of NBFCs on bank borrowings.

How to file Belated Income Tax Return after due date?

Posted by Sparsh Wadhwa 18 November 2023 4080 Views

This article delves into the intricacies of belated returns, outlining their limitations, consequences, and the step-by-step process of filing online under Section 139(4).

Empowering Chartered Accountants in India: Government-Granted Authorities and Responsibilities

Posted by Usama Ansari 18 November 2023 1415 Views

This article delves into the multifaceted world of CAs in India, elucidating the government-granted authorities bestowed upon them and the corresponding responsibilities they shoulder.