CAclubindia Articles

Understanding the Tax Implications of Gambling Winnings

Posted by Shivani 05 December 2023 982 Views

Today, we delve into what kind of taxes are obligatory on gambling winnings.

Relationship between Limitation Act and Income Tax Act

Posted by CA Aman Rajput 05 December 2023 1146 Views

While reading some concepts of the Limitation Act in my LLB syllabus a thought came to my mind that can we Combine the Limitation Act and the Income Tax Act?

Best Tax Saving Mutual Fund to Invest in 2023

Posted by Sparsh Wadhwa 05 December 2023 1225 Views

Tax saving mutual funds are those which invest at least 80% of their assets in equities

Understanding GST ITC and GSTR Forms

Posted by CA Kunal Jain 05 December 2023 1700 Views

This comprehensive article delves into the intricacies of Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime, with a specific focus on GSTR Forms 2A, 2B, and 3B. It aims to equip you with the knowledge and understanding necessary to navigate the complexities of claiming and utilizing ITC efficiently.

Scale Based Regulations (SBR): A Revised Regulatory Framework for NBFCs

Posted by Neha Redekar 04 December 2023 1385 Views

The contribution of NBFCs towards supporting real economic activity and their role as a supplemental channel of credit intermediation alongside banks is well re...

Basic Understanding of GST on Jewellery Business

Posted by CA. Bhavik P. Chudasama 04 December 2023 9181 Views

Here's an overview of GST rates and taxable value concerning the jewellery industry:

Card network portability ambiguity in RBI's circular

Posted by Shivaprasad Laxman Chhatre 04 December 2023 739 Views

RBI's directions on Card's network portability - ambiguity. What needs to be done to ensure card users get the desired benefits?

Instances of Misconduct and Gross Negligence by Chartered Accountants

Posted by CA Aman Rajput 04 December 2023 3289 Views

In a recent report, ICAI Research Committee Highlights Instances of Misconduct and Gross Negligence by Chartered Accountants. I am writing it to make fellow members and students aware of the same.

Higher TDS due to PAN Holder's Negligence

Posted by CA Umesh Sharma 04 December 2023 12829 Views

A lot of TDS Deductors who have filed their TDS returns for the 2nd quarter of FY 2023-24 have received intimations for Defaults in their TDS Return for Quarter 2nd. Why are the TAN holders getting these default notices from Income Tax Department?