CAclubindia Articles

Fix Unverified ITR Mistakes: Discard & Refile

Posted by Mitali

22 July 2024 2070 Views

Made a mistake on your unverified ITR? Learn how to easily discard and refile a fresh return on the income tax portal without needing a revised ITR.

ITR Not Filed by 31st July? Penalties & Consequences

Posted by CA Umesh Sharma 22 July 2024 1449 Views

Missed the 31st July ITR deadline? Discover the penalties, late fees, interest, and consequences of filing late. Learn about belated returns.

Extend ITR Filing Deadline to August 31st? Taxpayer Suggestions

Posted by Mitali

22 July 2024 2056 Views

Discover why taxpayers are urging the government to permanently shift the ITR filing deadline to August 31st, citing portal issues and late fee avoidance.

MSMEs: The Backbone of Today's Economy Explained

Posted by Priya Garg 22 July 2024 305 Views

Discover the vital role of Micro, Small, and Medium Enterprises (MSMEs) in driving economic growth, job creation, and innovation. Learn how governments support them.

Supreme Court: Unapproved Claims Extinguished Post-Resolution Plan

Posted by FCS Deepak Pratap Singh 06 August 2024 532 Views

Supreme Court rules all claims not in an approved Resolution Plan are extinguished. Learn how this impacts creditors and statutory dues. Read now!

Bombay HC: Transferee's Tax Payment is Capital Expenditure

Posted by FCS Deepak Pratap Singh 22 July 2024 296 Views

Discover the Bombay High Court's ruling on tax liability payments by transferees in amalgamation agreements. Learn why it's considered capital expenditure and not deductible.

Microsoft IT Outage: Lessons in Resilience & Recovery

Posted by CA Pallav Singhania 20 July 2024 952 Views

Explore the global Microsoft IT outage's impact on airlines, banks, healthcare & retail. Learn how to enhance IT resilience and recovery plans.

DIR 3 KYC Latest Amendment: Update Your Details Easily

Posted by CS Divesh Goyal 19 July 2024 2296 Views

Discover the latest amendments to DIR 3 KYC effective August 1, 2024. Learn how to update your email and mobile number with ease and understand associated fees....

RBI LRS: Remittances to IFSCs Now Allowed for All Purposes

Posted by Affluence Advisory 20 July 2024 378 Views

Explore the RBI's updated Liberalised Remittance Scheme (LRS) allowing remittances for all permissible purposes to IFSCs. Learn how this impacts overseas investments.