CAclubindia Articles

Decoding CBIC's Automated Return Scrutiny Module (ARSM) for GST returns

Posted by Abhishek Raja 13 May 2023 8289 Views

The Central Board of Indirect Taxes and Customs (CBIC) has rolled out an Automated Return Scrutiny Module (ARSM) for GST returns. The ARSM is a non-intrusive means of compliance verification that allows tax officers to scrutinize GST returns of Centre Administered Taxpayers (CATs) selected on the basis of data analytics and risks identified by the system.

Professionals are now covered under the purview of PMLA Act 2002

Posted by Affluence Advisory 13 May 2023 5451 Views

Central Government vide its notification dt: May 3, 2023 and May 9, 2023 has amended the definition of ‘Persons carrying on Designated Business or Profess

How is GST treated in relation to employee notice pay recovery?

Posted by Ishita Ramani 13 May 2023 3426 Views

In this article, we will discuss the effects of GST on employee notice pay recovery, its applicability, and the treatment of GST on such recoveries. But first, let's review GST (Goods and Service Tax).

How to file ITR in offline mode

Posted by Mitali 13 May 2023 6354 Views

To file Income Tax Returns (ITRs) offline, taxpayers must use the Offline Utility provided by the Income Tax Department. This utility allows users to generate a JSON file containing the necessary information and details of their ITR.

How To Build A Passive Income Stream Through High-Dividend Stocks

Posted by Niyati 13 May 2023 4461 Views

We'll discuss how you can build a passive income stream through high-dividend stocks.

Importance of Budgeting and Fund Flow Management for Small Businesses and Startups

Posted by Sarvam Gupta 13 May 2023 1663 Views

Effective budgeting and fund flow management is essential for small businesses and startups. These practices are not only relevant for larger companies with bigger budgets. Small and medium-sized businesses with limited resources need to maximize every penny they have, making budgeting and fund flow management even more critical.

Amnesty Scheme: GSTR-4 Annual

Posted by CA Ashutosh Khaitan 13 May 2023 5549 Views

Form GSTR-4 (Annual) is annual return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act.

Breaking Myths: CA Course Open to All Streams and Affordable

Posted by CA Rakesh Ishi 12 May 2023 44081 Views

Chartered Accountancy is often considered one of the toughest courses in India, with many students shying away from it due to various misconceptions. However, the Committee on Career Counselling of the Institute of Chartered Accountants of India (ICAI) is working to break these myths and encourage more students to pursue CA as a career.

9 Best Ways to Save on Taxes with Fixed Deposits

Posted by CA Ruby Bansal 12 May 2023 19557 Views

In this article, we'll explore the 10 most effective ways to save on taxes with FDs and how they can be a tool for managing your finances.

Amnesty Scheme: GSTR-4 [Quarterly]

Posted by CA Ashutosh Khaitan 12 May 2023 3563 Views

Form GSTR-4 is a return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act for every quarter. This form was applicable from July-Sep 2017 till Jan-Mar 2019 and filed on quarterly frequency.