CAclubindia Articles

How to file an appeal before ITAT

Posted by CA.Sangam Aggarwal 03 February 2024 5840 Views

Filing an income tax appeal before the Income Tax Appellate Tribunal (ITAT) is a crucial step for taxpayers seeking resolution on disputed tax matters. The relevant section that governs the filing of an appeal before the ITAT is Section 253 of the Income Tax Act. Here's an overview of Section 253:

Powers of the CIT(A) Limited to AO's Scope under Section 251 of Income Tax Act

Posted by Vivek Jalan 03 February 2024 1721 Views

Powers of the CIT(A), of enhancement under section 251 of Income Tax Act is restricted to the matter dealt with by the AO

3 Important Changes in GST brought through Interim Budget 2024

Posted by CA Shruti Singhal 03 February 2024 12327 Views

The government had introduced a term "Amrit Kal" in Budget speech 2023 and called the next 25 years as “Amrit Kal” and had stated in its o

Budget 2024-25: Key Highlights

Posted by FCA surbhi jain 02 February 2024 1502 Views

Union Finance Minister Nirmala Sitharaman presented her sixth Budget on February 1. This was an interim budget ahead of the general elections later this year. It was focused on youth and women empowerment, while maintaining fiscal consolidation and continuing capex.

ACCA Course Details - Career Path Guide to Success

Posted by Shivani 02 February 2024 1127 Views

ACCA, which stands for Association of Chartered Certified Accountants, is the oldest and most widely recognized and accepted certification course for accounting and finance professionals.

Understanding and Responding to GST Show Cause Notices in India: Key Guidelines

Posted by Abhishek Raja 02 February 2024 2105 Views

The Goods and Services Tax (GST) regime in India, a comprehensive indirect tax on the manufacture, sale, and consumption of goods and services throughout the country, has streamlined the taxation process.

Answer writing is a Science and I watched 12th Fail movie!!

Posted by CA Rakesh T 02 February 2024 898 Views

Writing complete and coherent answers is what drives your marks up so be deliberate about it. Keep it simple and practice.

Budget 2024: Income Tax Slabs Rates for AY 2025-26 and Other Updates

Posted by Sparsh Wadhwa 02 February 2024 16197 Views

Finance Minister Nirmala Sitharaman today on February 1 presented the Union Budget 2024 inside the Lok Sabha. No changes have been introduced in the tax slabs in old and new tax regimes.

Key Highlights of Interim Budget 2024-25: Changes under GST

Posted by Bimal Jain 02 February 2024 12762 Views

GSTGST has been a landmark reform of Independent India, enabling "One Nation One Tax One Market". GST has reduced the compliance burden on trade and i...

Key Highlights of Interim Budget 2024-25: Changes under the Income Tax Law

Posted by Bimal Jain 02 February 2024 7794 Views

Direct TaxInterim Budget for 2024-25 is presented by Hon'ble Finance Minister Smt. Nirmala Sitharaman today i.e. February 01, 2024 and highlighted that the Indi...