CAclubindia Articles


Are you aware of these 2 very important tax laws related to income taxable under the head PGBP?

  CA Aakarsh Jain    25 December 2021 at 09:02

2 important tax laws related to income taxable under the head PGBP has been discussed in this article.



Five Tax Advice No One Tells You

  Neethi V. Kannanth    24 December 2021 at 09:01

As the due date for filing of return is just around the corner and most of you would be in a hurry to file their return of income, here are a few things related to your return of income that nobody advises you about. Take a pause and have a look at it before you file your return of income.



PCA Framework for Non-Banking Financial Companies

  yash    24 December 2021 at 08:33

RBI issued the Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs). This PCA Framework for NBFCs will come into effect from October 1, 2022, based on the financial position of NBFCs on or after March 31, 2022.



Why Income Tax due Date needs to be extended

  CA Aakarsh Jain    24 December 2021 at 08:33

Few of the problems listed out are as below which calls for immediate resolution or for extension of the return filing dates.



Exhaustive Analysis of Important GST Amendments Applicable From 1st January 2022

  CA Aakarsh Jain    24 December 2021 at 08:33

Important amendments related to GST have been made vide the Finance Act, 2021 but the same were not notified at the time of receiving the presidential assent. Said amendments are contained from Sec. 108 to Sec. 123 of the said Act



Career Choices After CA

  CA Aakarsh Jain    24 December 2021 at 08:33

You have to be very passionate and clear about which career to end up in in the future. If you are entering a particular industry or training on your own, and if you are training on your own, which services should you focus on? CAs can take on other services in the industry and you have to make the right choice for them.



Clarification w.r.t recovery of self-assessed tax w.e.f. January 01, 2022

  Bimal Jain    23 December 2021 at 11:49

The Hon’ble Finance Minister, in Union Budget 2021-22, proposed changes vide the Finance Bill, 2021, that amends the Central Goods and Services Tax Act, 2017 ("the CGST Act") with respect to recovery of self-assessed tax



Amendments proposed in Section 74, 107, 151, 152 and 168 of the CGST Act, 2017 w.e.f. January 01, 2022

  Bimal Jain    23 December 2021 at 11:28

The Hon’ble Finance Minister, in Budget 2021-22, proposed changes vide the Finance Bill, 2021, that amends the Central Goods and Services Tax Act, 2017 ("the CGST Act") with respect to amendments in Section 74, 107, 151, 152 and 168 of the CGST Act.



Amendments proposed in Section 129 and 130 of the CGST Act, 2017 notified w.e.f. January 01, 2022

  Bimal Jain    23 December 2021 at 10:16

The Hon'ble Finance Minister, in Union Budget 2021-22, proposed changes vide the Finance Bill, 2021, that amends the Central Goods and Services Tax Act, 2017 ("the CGST Act") with respect to amendments in Section 129 and 130 of the CGST Act.



GST ITC available when reflected in GSTR 2A/ 2B w.e.f. January 01, 2022

  Bimal Jain    23 December 2021 at 10:04

The Hon'ble Finance Minister, in Budget 2021-22, proposed changes vide the Finance Bill, 2021, that amends the Central Goods and Services Tax Act, 2017 ("the CGST Act") to insert a new condition for availment of Input Tax Credit ("ITC") under the GST.