CAclubindia Articles

Income Tax Department Sends Notices to 22,000 Taxpayers Over Deduction Discrepancies

Rashmi 12 September 2023 at 09:00

The Income Tax Department (ITD) has recently sent out notifications to around 22,000 taxpayers, including salaried individuals, high-net-worth individuals, trusts, and Hindu Undivided Families (HUFs).

Beware of Cash Transaction under Income Tax Act

CA Umesh Sharma 12 September 2023 at 09:00

Some important provisions under Income Tax Act relating to cash transactions

How Bitcoin Reshaped El Salvador's Economy

CA Ruby Bansal 11 September 2023 at 15:17

Few nations on Earth have experienced the sort of economic and social change El Salvador has in the last decade. Widely regarded as one of the most dangerous Central American countries, it was essentially a no-go for any foreigners and had a chronic and systemic gang problem.

Corporate Compliance Calendar - September 2023

CS Lalit Rajput 11 September 2023 at 14:50

Compliance Calendar for the month of September 2023

Advance Ruling Mechanism under GST law

Lakshit Jindal 11 September 2023 at 12:47

The provisions of Goods and Services Tax law have introduced significant changes in the way indirect tax system used to operate in the earlier regime. Once upon..

Strategies for managing Accounts Receivables

CA Ajay goel 11 September 2023 at 08:54

Accounts receivable is a balance sheet item representing money owed to a company by its customers for goods or services provided on credit

Comprehensive Guide to Recovering Lost Physical Shares and Transferring Them to a Demat Account

Nikita Agarwal 11 September 2023 at 08:54

Recovering lost physical shares and transferring them to a Demat account can be a complex process, involving various steps and documentation. Below is a step-by-step guide to help you through the process.

SEBI Probes 78 Lakhs Loss: Fat Finger Error Hits Sensex Options

Gautam Bharthry 09 September 2023 at 17:20

The Fat Finger Error and the Algo Trading Anomaly in the Sensex Call Option Market cost traders 78 Lakhs, SEBI open inquiry

4 Benevolent GST Circulars from July 2023 and Uncovered Situations

CA Shruti Singhal 09 September 2023 at 17:00

4 Benevolent circulars of Department issued in July’2023. By why all situations are not covered?

Record to Report (R2R) Process: Managing Finances Made Simple

CA Ajay goel 09 September 2023 at 15:02

Imagine you have a personal budget spreadsheet where you keep track of your income, expenses, and savings. You record your salary, input all your expenses like ..