CAclubindia Articles

NRO Account Taxation in India: Understanding the Rules and Maximizing Compliance

Posted by CA Arun Tiwari 07 March 2024 548 Views

NRO accounts, also known as Non-Resident Ordinary accounts, are crucial for managing financial transactions for individuals of Indian origin or non-residents earning income in India.

Documents required for shifting of registered office from one state to another state

Posted by Jyoti Mittal 06 March 2024 7586 Views

Documents required for shifting of registered office from one state to another state

Producer Company and its Benefits

Posted by Devershi Gupta 06 March 2024 3250 Views

A producer company can be defined as a legally recognized body of farmers/agriculturists with the aim to improve the standard of their living.

Procedure of Voluntary Strike Off a Company under Companies Act, 2013

Posted by CS Rajnish Pandey 06 March 2024 41098 Views

Rules 3, 4, 5, 6, 7, 8, 9 and 10 of the Companies (Removal of Name of Companies from the Register of Companies) Rules, 2016, and Rules 7, 8 and 12 the Companies (Registration Offices and Fees) Rules, 2014

Home Loan Tax Benefits For FY 2023-24

Posted by Priya Mulukutla 06 March 2024 2373 Views

The Income Tax Act has various provisions for an individual to take benefit of and claim deductions for tax purposes. These deductions are an incentive for individuals to make residential real estate purchases.

Section 80D of Income Tax Act

Posted by Ritik Chopra 06 March 2024 12559 Views

One of the most common expenditure of the general public is on medical/health insurance. Deduction regarding health insurance is allowed if health insurance premium is paid during the previous year out of income chargeable to tax and it is paid by any mode other than in cash.

Download Form 26AS

Posted by Aisha 06 March 2024 7066 Views

Form 26AS is a statement of tax credits. It is a consolidated statement that contains information about the tax that has been deducted or collected from an individual's income, as well as the taxes paid by the individual.

Capital Receipts and Revenue Receipts: Purpose, Taxability & Examples

Posted by Khush Trivedi 06 March 2024 1410 Views

In any business the basic fuel that requires to keep the business alive is only an Income or Receipts. As the important purpose of an economic activity is to earn money business is generating different types of revenues. We can bifurcate these Revenues or Receipts in two different categories i.e. Capital Receipts & Revenue Receipts

RBI Directions on Filings of Supervisory Returns

Posted by Affluence Advisory 06 March 2024 1766 Views

The Reserve Bank of India has issued Master Directions on the 'Filing of Supervisory Returns' by all Supervised Entities on February 27, 2024. In this article, we will focus on the changes applicable to NBFCs.