CAclubindia Articles

Last date to file Income tax return is 31st December 2023

Posted by Sparsh Wadhwa 30 December 2023 3463 Views

This article explores the importance of filing a belated return and presents a step-via-step guide on how to document it on line.

SEBI Revamps Social Stock Exchange: Increased Scrutiny, New Instruments Boost Transparency and Impact

Posted by CA Aman Rajput 29 December 2023 712 Views

The Securities and Exchange Board of India (SEBI) has announced significant changes to the framework of the Social Stock Exchange (SSE) in a move aimed at strengthening oversight, enhancing transparency, and attracting impactful social enterprises.

RBI's Move to Regulate Investments in Alternative Investment Fund (AIFs)

Posted by Affluence Advisory 29 December 2023 623 Views

On 19th December 2023, the Reserve Bank of India (RBI), issued guidelines regarding investments made in Alternative Investment Funds (AIFs) made by Banks and Non-banking Financial Companies (NBFCs), commonly referred to as regulated entities

Why RBI withdrew the most popular money market product collateralized borrowing and lending (CBLO)

Posted by Shivaprasad Laxman Chhatre 28 December 2023 1999 Views

Why are major financial market regulators ignoring statute/s, while pushing new products/policies, and exotic ideas, overlooking serious systemic, legal risks to the market segment/s they regulate?

Resolution for Traces Website Error - Error in establishing connection with traces websocket emsigner

Posted by CA Kunal Arora 28 December 2023 241652 Views

Many of us during filing of TDS returns or rectifications on the traces portal have faced the issue as shown in the image.This article will guide you to 100% gu...

Decoding the Legitimacy of Business Expenses

Posted by CA Rakesh Ishi 28 December 2023 746 Views

In a recent case, Swing Infraspace P. Ltd. found itself in the crosshairs of the Income Tax authorities concerning the allowability of certain expenses under Section 37(1) of the Income Tax Act, 1961.

[SOLVED] Failed to Establish the connection to the server. Kindly restart the Emsigner - GST Portal

Posted by Prajjwal Kaushik 28 December 2023 893998 Views

Possible ways that will help you find a way out to the error “Failed to establish a connection to the server. Kindly restart the Emsigner. Click here to troubleshoot.”

Property Acquisition and Transfers in India: A Guide to FEMA Regulations for NRI/OCI and Foreign Nationals

Posted by DHANUSH D BOLAR 28 December 2023 1162 Views

FEMA does not define the term 'immovable property. In general, the term will include all types of immovable property residential, commercial, industrial or agricultural property.

Understanding Section 16 and Automating Form 16 Part B Preparation for 100 Employees in FY 2023-24

Posted by Pranab Banerjee

28 December 2023 3235 Views

Section 16- Standard Deduction, Entertainment Allowance, and Professional Tax: Unraveling the Tax Web with Automatic 100 Employees Form 16 Part B Preparation for the FY 2023-24

Penalty Levied For Violation of Section 122(1)(i) of CGST Act, 2017

Posted by CA Ruby Bansal 27 December 2023 7991 Views

The officers are conducting on-site visits to entities and shops to purchase products and inspect the issued invoices. If the invoices are fake or incorrect, they issue notices under section 122 (1) (i) of the CGST Act, 2017.