CAclubindia Articles

The Role of Internal Audit in SMEs

Posted by Sundaran.D 01 February 2024 699 Views

Small and Medium-sized Enterprises (SMEs) play a pivotal role in driving economic development and job creation globally. As these businesses navigate the competitive landscape, ensuring robust internal controls and effective risk management becomes paramount.

Pension Scheme - Future of Retired Employees

Posted by CA Suresh Kumar Agarwal 31 January 2024 3828 Views

Pension Scheme – Future of retired Employees The old pension scheme, introduced in the 1950s, was exclusive for government workers. It guarantees a pens

Treatment of Shares Premium received by closely held company on issue of shares

Posted by CA.Sangam Aggarwal 31 January 2024 3233 Views

Before understanding the tax treatment of premium received by closely held company on issue of shares under section 56(2)(viib) of Income Tax Act, 1967 lets discuss the problem before introduction of this section with the help of example.

How to respond to Income tax notices of non-filing of ITR of previous years?

Posted by Sparsh Wadhwa 31 January 2024 5012 Views

In this article, we can discover the reasons for receiving those notices, the capability results, and the steps people can take to deal with the scenario.

Automated Notices under GST: DRC-01B and DRC-01C

Posted by Shashank Tellakula Anand 30 January 2024 26451 Views

In the era where Artificial Intelligence is gaining prominence, the GST department has also become pro-active and has started to adopt automated notices. The last one and half years has seen a sudden rise in litigation.

Budget 2024: Expectations from Union Budget 2024

Posted by Shivani 30 January 2024 5389 Views

Finance Minister Nirmala Sitharaman is going to deliver the fourth paperless budget on February 1, outlining the interim Budget for the financial year 2024-25.

All you need to know about Section 194F of the Income Tax Act

Posted by Ishita Ramani 30 January 2024 6778 Views

This article aims to provide a comprehensive understanding of Section 194F and its implications for taxpayers.

Guntupalli Marble's Fight for Financial Respiration in the Grip of GST Attachment

Posted by CA Divyajeet Singh Sabharwal 30 January 2024 1963 Views

A event of uncertainty and financial paralysis engulfed Guntupalli Marble and Granites (GMG) in November 2023 when the GST department froze their bank accounts....

Personal Budget before National Budget

Posted by CA Umesh Sharma 29 January 2024 3550 Views

How is the concept of budget relevant to the individual in personal finance?

The Shifting Gears of Competition: Analysis of a case against OLA

Posted by CA Aman Rajput 29 January 2024 2949 Views

India's electric two-wheeler (ETW) market, once a quiet hum, has roared into life thanks to the Faster Adoption and Manufacturing of Electric & Hybrid Vehicles Policy (FAME).