CAclubindia Articles


Microsoft's Oops: The World's Worst IT Hangover

  CA Pallav Singhania    20 July 2024 at 07:01

Microsoft Global IT Outage Disrupts Airlines, Banks, Healthcare, and RetailSUMMARYThe Microsoft Global IT Outage, occurring on multiple occasions such as in Jan..



RBI allows remittances for all permissible purposes to IFSCs under the LRS

  Affluence Advisory    20 July 2024 at 06:36

The Reserve Bank of India (RBI) has vide its Circular dated July 10, 2024 allowed remittances for all permissible purposes under the Liberalized Remittance Sche..



What Are Mutual Funds and How to Choose the Right One

  CA Prateek Agarwal    20 July 2024 at 06:36

This article explores what mutual funds are and outlines key criteria to consider when choosing the right mutual fund for your financial goals.



Everything about Latest Amendment in DIR 3 KYC

  CS Divesh Goyal    19 July 2024 at 17:22

In this article, the author will discuss the "Latest Amendment in DIR-3 KYC."



Slump Sale - Section 50B of Income Tax Act 1961

  J. D. Shah Associates    19 July 2024 at 08:33

What is a Slump Sale?According to Section 2(42C) of the Income Tax Act, 1961, a ‘slump sale’ refers to the transfer of one or more undertakings as a



GST Implications in Case of Accommodation Service Pursuant to recommendations made in the 53rd GST Council Meeting

  Affluence Advisory    19 July 2024 at 08:28

Heading 9963 which also covered Accommodation services has been removed from Sl. No. 12 of Notification no. 12/2017. Also, a new explanation i.e. Explanation 2 is inserted in Sr. No. 12 of the said notification.



Cryptocurrency and Taxes: Reporting Your Gains in the ITR

  CA Prateek Agarwal    19 July 2024 at 08:28

This article outlines how to effectively report your cryptocurrency gains and ensure compliance with tax regulations.



Inside Byju's Financial Meltdown

  CA Pallav Singhania    18 July 2024 at 08:39

This article aims to break down the situation in simple terms and explain what it means for everyone involved.



How to Maximize Deductions: A Comprehensive Look at Section 80C and Beyond

  CA Prateek Agarwal    18 July 2024 at 08:39

This article provides a comprehensive overview of Section 80C and explores additional avenues for maximizing deductions, helping you optimize your tax strategy...



New Changes in Section 87A Rebate Post-July 2024

  Mitali    17 July 2024 at 17:22

Recent change in ITR utility for rebate u/s 87A has caused confusion and concerns among taxpayers and professionals.