CAclubindia Articles

Income Tax Act 1961: Understanding Assessment Types

Posted by Ashok Pitroda 15 March 2024 14042 Views

Discover the 5 types of assessment under the Income Tax Act 1961, including self-assessment, scrutiny, and re-assessment. Learn about time limits and procedures.

Direct vs Indirect Tax: Understand the Key Differences

Posted by Khush Trivedi 15 March 2024 1063 Views

Explore the differences between direct and indirect taxes in India. Learn about tax slabs, rates, and filing requirements for FY 23-24.

GST Rule 37: Reversing ITC for Non-Payment to Vendors

Posted by CA Roopa Nayak 15 March 2024 61964 Views

Understand GST Rule 37 on reversing Input Tax Credit (ITC) for non-payment to vendors within 180 days. Learn the implications and recent changes.

Advance Tax E-Campaign: Understand Your Significant Transactions

Posted by Sparsh Wadhwa 15 March 2024 1066 Views

Received an advance tax notice? Learn about significant transactions, advance tax rules, due dates, and how to respond online via the Income Tax Department's e-filing portal.

ITR Forms AY 2024-25: Key Tax Updates & Changes

Posted by CMA Sonam Verma 15 March 2024 2003 Views

Discover major revisions in ITR Forms for AY 2024-25. Learn about the new default tax regime, turnover limit changes, and new deductions. File your taxes accurately!

ITAT Upholds Penalty for Cash Loan Repayments Under Section 271E

Posted by Affluence Advisory 15 March 2024 1172 Views

Learn why ITAT upheld a penalty under Section 271E for cash loan repayments, even with a history of cheque issues. Understand the importance of compliant payment methods.

GST on Flat Purchase FY 2023-24: Rates & Applicability

Posted by Priya Mulukutla 15 March 2024 6301 Views

Understand GST on flat purchases for FY 2023-24. Learn about rates for under-construction vs. ready-to-use properties, affordable housing, and commercial real estate.

SME Payments by 31st March 2024: Section 43B(h) Compliance

Posted by Vivek Jalan 15 March 2024 18260 Views

Ensure SME payments are made by 31st March 2024 to comply with Section 43B(h) of the Income Tax Act. Avoid disallowance of deductions.

Indian Patent Laws Explained: Your Guide to Registration

Posted by Ishita Ramani 15 March 2024 343 Views

Understand India's patent laws, the filing process, and your rights. Learn what makes an invention patentable and how to protect your intellectual property.

India's Electoral Bonds: Political Funding Explained

Posted by CMA Sonam Verma 14 March 2024 1960 Views

Discover how India's electoral bonds work, their purpose, and the controversies surrounding political funding. Learn about transparency and accountability.