CAclubindia Articles

Practical Application of GST on Gaming & Gambling vide Rule 31B & Rule 31C: Explanation with examples

Posted by Vivek Jalan 22 September 2023 4016 Views

Rule 31B of The CGST Rules inserted vide Not No 45/2023, provides for determining the Value of supply in case of online gaming including online money gaming

Peer Review of Practicing Company Secretaries (PCS)

Posted by Affluence Advisory 22 September 2023 5119 Views

Peer Review is a process used for examining the work performed by one's equals (peers) and understanding the systems, practices, and procedures followed by the Practice Unit, and giving suggestions, if any, for further improvement.

FAQs released for filing Form 10B/10BB (AY 2023-24)

Posted by CA Ruby Bansal 22 September 2023 6687 Views

Income Tax Department releases FAQs for filing Form 10B and 10BB

ICAI CDS Portal - Login, Coupons, and Orders

Posted by Ayisha Anis 21 September 2023 542086 Views

ICAI set up CDS Portal for easier ordering of study materials and member publications. Read how to log in, place orders, use coupons, cancel and refund an order or to change shipping address. Get contact details for complaints.

Overview of CMCPCI SMS

Posted by Niharika Bose 21 September 2023 75234 Views

CMCPCI is a unit within the Indian tax authorities that is responsible for reviewing and processing online Income Tax Returns (ITRs). If you have filed your ITR online and have received an SMS notification with the CMCPCI source code, it indicates that your return is being processed by the CMCPCI.

Understanding Tax Evasion and Tax Avoidance

Posted by Naveen Kumar 21 September 2023 4801 Views

Tax avoidance and tax evasion are both related to the non-payment or reduction of taxes, but they differ in legality and intention.

What is audit and what are the different types of audits?

Posted by Taxblock 20 September 2023 6654 Views

Audit is the activity of evolution and determine the financial, operational and strategic goals and exercise in an organizations to decide if the organization is in accordance with the rules and regulations.

GST on Real Estate Sector

Posted by CA Kapil Goyal 20 September 2023 18638 Views

Real estate is an important pillar of the India Economy. Taxation of real estate sector has always been critical issue, before GST was introduced in 2017 various taxes like Vat, Central Excise duty Service tax etc, were paid by the buyer. The cost incurred of these taxes by builder was then transferred to the buyer.

Most Ignored Section 80GG - Deductions in Respect of Rents

Posted by Amol Gopal Kabra (CA,CS,DISA) 20 September 2023 226670 Views

SECTION 80GG DEDUCTIONS IN RESPECT OF RENTS PAID Section 80GG is a little ignored Section of the Income Tax Act, 1961. This section provides deductions to those individuals who dont get any benefit of the amount paid towards rented accomm

Taxes on Slot Machine Winnings: Everything You Need to Know

Posted by Ayush 20 September 2023 1755 Views

Picture this: You're at your favourite casino, the reels are spinning, the lights are flashing, and then it happens—a winning combination. The slot ma