CAclubindia Articles

Automated Income Tax Arrears Relief Calculator u/s 89(1) with Form 10E for the FY 2021-22

Pranab Banerjee 30 November 2021 at 09:38

Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E for the F.Y.2021-22| a pay structure that can help you reduce your tax burden.

FAQs on Annual Information Statement (AIS)

Jatin Pal 29 November 2021 at 09:48

FAQ's on Annual Information Statement

Will profit on sale of a car used for personal purposes be taxable under the IT Act?

FCS Deepak Pratap Singh 29 November 2021 at 09:41

Whether the profit on sale of a car in personal use for 6 years be taxable under provisions of the Income Tax Act, 1961

Comparison since Childhood - A Flawed Concept

Vishal Kudve 29 November 2021 at 09:41

We are all familiar with the concept of comparing since our childhood. It is like a tradition which is followed since decades. We try to compare ourselves with others at every stage of life from our school to getting a job

How differently a violation of 19(2) of the Banking Regulation Act is treated by RBI - A case

Shivaprasad Chhatre 29 November 2021 at 09:41

Sub-section (2) of the Banking Regulation Act, 1949, says that no banking shall hold shares in any company, whether as pledgee, mortgagee, or absolute owner, of an amount exceeding 30 percent of the paid-up share capital of that company or thirty percent of its own paid-up share capital and reserves.

Nidhi Compliance after Incorporation

ASWIN MALLYA 29 November 2021 at 09:41

Here we are going through post incorporation compliance of a Nidhi Company.

What is AIS and TIS?

Taxblock 29 November 2021 at 09:41

The AIS is a comprehensive statement containing details of all the financial transactions undertaken by you in a financial year (FY). The TIS is a generation of a Taxpayer Information available in AIS in a simplified format.

Rule of Contra Proferentum under insurance

FCS Deepak Pratap Singh 29 November 2021 at 09:41

An insurance contract (General Insurance) is a contract of indemnity and insurance company is liable to pay the loss occurred by the insured due to happening of insured risk/perils.

What is tax planning and why it is so important for individuals or businesses

Taxblock 29 November 2021 at 09:40

Tax planning is a process of analyzing one's financial situation during the year and coming up with various exemptions and deductions that reduces tax liability in a legitimate manner.

Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)