CAclubindia Articles


A Brief Discussion on the Proposed Chapter XIVB of Income-tax Act, 1961

  Anumanchipalli Sathikonda    24 July 2024 at 08:32

A BRIEF DISCUSSION ON THE PROPOSED NEW CHAPTER XIV-B IN THE FINANCE BILL



Highlights of Union Budget 2024 by FM Nirmala Sitharaman

  CA Aman Rajput    23 July 2024 at 17:47

Explore the key takeaways from the Union Budget 2024 presented by FM Nirmala Sitharaman



Changes in Slab Rate For FY 2024-25 and AY 2025-26

  Mitali    23 July 2024 at 14:09

Income tax slabs are the categories of income levels that determine the rate at which income tax is charged for the applicable financial year (FY) and assessment year (AY).



SEBI Releases Consultation Paper Introducing New Asset Class/Product Category

  Affluence Advisory    23 July 2024 at 08:23

Securities and Exchange Board of India ('SEBI') released a consultation paper dated: July 16, 2024 on introduction of new asset class/ product category.



What if ITR is not Filed before 31st July 2024?

  CA Umesh Sharmapro badge    22 July 2024 at 14:05

Due date for filing of Income Tax Return for Individuals is 31st July, but still, many people around the nation have not filed their Income Tax Return. What are the implications of not filing the ITR on time?



Rectify Mistakes of Your Unverified ITR Without Filing Revised ITR

  Mitali    22 July 2024 at 14:02

Filing an income tax return requires a careful and detailed process. But despite of our best efforts, mistakes happen. 



Suggestion to Permanently Change ITR Filing Due Date to 31st August

  Mitali    22 July 2024 at 11:54

Suggestion to permanently change the deadline has been given by the taxpayers as they are facing difficulty in accessing Form 26AS and AIS. Due to technical issues on the Income Tax Portal, there is an increasing demand to extend the ITR filing deadline from July 31, 2024, to August 31, 2024.



Understanding the Importance of MSMEs in Today's Economy

  Priya Garg    22 July 2024 at 10:17

In recent years, Micro, Small, and Medium Enterprises (MSMEs) have gained significant importance in driving economic growth and development. These businesses pl..



Payment of Tax Liability by Transferee of Transferor in an agreement of amalgamation is of capital nature [Bombay HC]

  FCS Deepak Pratap Singh    22 July 2024 at 08:29

In the instant case, evidently, the tax liability discharged by the assessee was in pursuance of the agreement with the transferor for taking over the business and was a part of the consideration for the transfer.



Key Ratios to Consider When Selecting a Mutual Fund

  CA Prateek Agarwal    22 July 2024 at 08:24

This article explores the essential ratios you should consider when selecting a mutual fund.