CAclubindia Articles

GST Drive Exposes 29,273 Bogus Firms in Massive Tax Evasion Scandal

Posted by CA Aman Rajput 09 January 2024 2338 Views

In a significant move to combat frauds in the Goods and Services Tax system and enhance compliance, the GST formations under the Central Board of Indirect Taxes and Customs (CBIC) and State/UT Governments have executed a relentless drive against non-existent taxpayers since May 2023.

Future of Chartered Accountant

Posted by CA MOHAN LAL KUMAWAT 09 January 2024 5572 Views

Here are some potential trends that could shape the future of the chartered accountant profession:

Discounts and Incentives - Implications under GST

Posted by CA Roopa Nayak 08 January 2024 23571 Views

BackgroundIn GST regime, the dept has been issuing notices, making tax demands on discounts and incentives given to the suppliers, especially in context of deal...

Assessment and Audit under GST

Posted by CA MOHAN LAL KUMAWAT 08 January 2024 5950 Views

Goods and Services Tax (GST) is a comprehensive indirect tax that has been implemented in India to replace various indirect taxes like excise duty, service tax, VAT, etc.

Entrenchment in Articles of Association (AOA)

Posted by Ishita Ramani 08 January 2024 1927 Views

A company's articles of association outline the procedures that result in the efficient management of the company. Such procedures include the manner of holding board meetings, the manner of decision-making and any other procedure that helps the company run effectively.

Statutory Tax Compliance Tracker - January 2024

Posted by CS Lalit Rajput 06 January 2024 10211 Views

Statutory Tax Compliance Tracker fior the month of January 2024

Filing Options for GTA Taxpayers in GST

Posted by CA Kunal Jain 06 January 2024 4543 Views

The government has introduced new rules for Goods and Services Tax (GST) filings for Goods Transport Agency (GTA) taxpayers.

Mastering the Art of Self-Promotion in the CA Profession

Posted by CA Rakesh Ishi 06 January 2024 3759 Views

Starting your journey as a Chartered Accountant is impressive, but many forget to show themselves well in the corporate world. Whether you're in a job interview or trying to impress clients, it's essential to recognize the value of being a CA and present yourself effectively.

Decoding the Amended KYC Master Direction on PEPs issues by RBI

Posted by CA Aman Rajput 06 January 2024 1562 Views

On January 4th, 2024, the Reserve Bank of India (RBI) sent a ripple through the financial landscape with its amendment to the Master Direction on Know Your Customer (KYC) guidelines

Rectification Wins: Madras HC Directs Disposal of GST Demand Based on Seigniorage Fee Discrepancies

Posted by CA Divyajeet Singh Sabharwal 06 January 2024 4387 Views

In a significant ruling for taxpayers, the Madras High Court directed the Revenue Authority to dispose of a rectification application within three months in a c...