CAclubindia Articles

Demystifying the Record-Breaking Surge in Income Tax Returns

Posted by Rashmi 02 August 2023 14688 Views

Record-Breaking Surge in Income Tax Returns: A Comprehensive Guide to Checking and Understanding Your ITR Status Online

Long-term Investing Strategies for BSE Sensex and NSE Nifty

Posted by Shree 02 August 2023 6778 Views

Investing in the Indian stock market through indices like the BSE Sensex and NSE Nifty has been a proven way to build wealth over the long term. Both Sensex and...

Common mistakes to avoid while filing GSTR-1 and GSTR-3B

Posted by Nikita Agarwal 02 August 2023 8905 Views

GSTR-1 and GSTR-3B are two types of GST returns that businesses registered under the Goods and Services Tax (GST) regime in India need to file to comply with tax regulations.

Analysis of GST Notifications dated 31st July 2023

Posted by Vivek Jalan 01 August 2023 10800 Views

One more set of notifications have been issued under GST, even as we await the 51st GST Council Meeting to be held on 2nd August 2023.

Tax Audit Applicability - A Guide

Posted by CA Ruby Bansal 01 August 2023 4829 Views

Tax audit refers to the examination and verification of a taxpayer's financial records, transactions, and other relevant information to ensure that they hav

Your Complete Guide to Filing Belated Income Tax Returns: Important Dates, Penalties and Benefits

Posted by Rashmi 01 August 2023 4852 Views

When you file a belated income tax return, you need to pay a late filing fee and penal interest on any taxes you owe. Here's what you need to know about filing a belated income tax return in simple English.

Role Of Auditor: Balancing Audit Procedures And Professional Skepticism

Posted by CA Amrita Chattopadhyay 01 August 2023 5078 Views

This article delves into the significance of auditors' role in the financial ecosystem, emphasizing the delicate balance between conducting thorough audits and staying vigilant against potentially fraudulent activities.

Applicability of Legal Entity Identifier (LEI)

Posted by Affluence Advisory 01 August 2023 2014 Views

The Legal Entity Identifier (hereinafter referred to as "LEI") is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction.

Clarification of ISD vs Cross charge

Posted by Kusum Gandhi 01 August 2023 3072 Views

Clarification on taxability of transactions between an office of an organization in one State to the office of that organization in another State, both being di...