CAclubindia Articles

Any claim not included in Resolution Plan shall be extinguished: Supreme Court

FCS Deepak Pratap Singh 06 August 2024 at 08:29

Once a Resolution Plan is approved by the Adjudicating Authority, the same, irrespective of whether or not they participated in the CIRP, binds all creditors and any claims not forming part of the approved Resolution Plan shall stand extinguished.

Big Relief for Taxpayers: Budget 2024 Proposes New Section 128A to Waive GST Interest and Penalties

CA Umesh Sharma 05 August 2024 at 14:05

The Hon'ble Finance Minister has recently presented the budget for 2024, which has brought about many proposals of changes in the Tax laws, there have been talks about the proposed insertion of a new section, Section 128A, in the GST laws.

Angel Tax Removal: A Boon for Startups?

CA Aditya Tulsyan 05 August 2024 at 08:38

The recent announcement by Finance Minister Nirmala Sitharaman to abolish the so-called "Angel Tax" has been widely welcomed by the startup ecosystem. Before celebrating, it's essential to understand what this move means, its benefits and any potential downsides.

Expert Analysis: How Recent Income Tax Cases Are Shaping the Future of Taxation

CA Dipak Dama 05 August 2024 at 08:38

This article comprises of case law summaries from various ITAT benches that highlight crucial aspects of income tax litigation, emphasizing the importance of evidence, documentation, and adherence to statutory provisions.

Budget 2024 & Individual Taxpayers

FCS Deepak Pratap Singh 03 August 2024 at 14:12

BUDGET-2024 & INDIVIDUAL TAXPAYERS Dear Friends, As you are aware that every year Central Government put its “Statement of Income & Expenditure&rd

UPI Transactions Exceed Rs 20 Lakh Crore for Third Consecutive Month

Mitali 03 August 2024 at 11:45

In July 2024, the UPI transactions have processed over Rs 20.64 Lakh Crore for Third Consecutive Month.

Provisions of Budget 2024: For Senior & Super Senior Citizens

FCS Deepak Pratap Singh 03 August 2024 at 08:48

BUDGET 2024 FOR SENIOR / SUPER SENIOR CITIZENS

Taxation of Alternative Investment Funds (AIFs) - Category I and II

Affluence Advisory 03 August 2024 at 08:48

Introduction· Alternative Investment Funds (AIFs of Funds) are an investment pooling vehicle that invests in various financial instruments. Such inves

FAQs on GSTR-1A: Amendment to GSTR 1

Shree 02 August 2024 at 09:08

Find answers to common questions about GSTR-1A amendments to GSTR-1

Ola Electric IPO: A Highly Anticipated Debut in the Indian Stock Market

Sachin 02 August 2024 at 08:36

Ola Electric IPO: Discover the excitement surrounding Ola Electric's highly anticipated debut in the Indian stock market. Learn about investment opportunities and market expectations