CAclubindia Articles

Annuities and Taxes: How Annuities are Taxed and Tax Strategies for Annuity Holders

Posted by Suhasini

30 May 2023 4422 Views

In this article, we'll dive into the details surrounding taxation strategies for annuity holders and explain why understanding these strategies is essential when investing in an annuity. We'll also discuss how different types of annuities can impact your taxes and what you need to know about filing taxes on your investments when using them for retirement planning purposes.

Last Chance: Extended Due Date for GTA Payments Expires Tomorrow!

Posted by Abhishek Raja 30 May 2023 6858 Views

Tomorrow i.e 31st May 2023 is the extended due date for Opt-in / Opt-out for Forward Charge / Reverse Charge for FY 2023-24 [Notification No.03/2022 - CT(R) dated 13.07.2022]

TDS on ESOP prerequisite by eligible startups

Posted by Affluence Advisory 30 May 2023 6355 Views

Income-tax Act, 1961 permitting deferral of the timing of TDS deduction on ESOP prerequisite from the employees.

Penalty of Rs. 2 lakh on Secretarial Auditor

Posted by CS Divesh Goyal 29 May 2023 3396 Views

While conducting the secretarial audit, each secretarial auditor must adhere to the requirements of the 2013 Companies Act. Inspecting is done by the Ministry in accordance with section 206(5) of the 2013 Companies Act.

Streamlining Monthly Bills: Simplifying the hassle and finding the ultimate solution

Posted by Neha Joshi 29 May 2023 1413 Views

As we know, managing multiple bills each month can be quite bothersome. The multitude of bills, ranging from utilities to credit cards to subscription services, makes it challenging to keep track of all the deadlines. Remembering when each bill is due becomes a task, and finding the time to sit down and pay it all can be even more demanding.

GST On Renting of Immovable Property

Posted by Divyanshu Sharma 29 May 2023 17234 Views

In this article, we will discuss renting of both commercial & residential property.

Safeguarding Our Digital Future: The Urgent Need and Significance of Data Privacy and Data Protection

Posted by ACS Shahbaz Khan 29 May 2023 2317 Views

In today's increasingly connected world, where technology has become an integral part of our lives, the importance of data privacy and data protection cannot be overstated.

CBIC's Nationwide Sweep Exposes 10,000 Alarming Cases of Fake GST Registrations

Posted by Rashmi 27 May 2023 9736 Views

The Central Board of Indirect Taxes and Customs (CBIC) has launched a special all-India drive to combat cases of fake Goods and Services Tax (GST) registration....

Important Instruction on SOP for Scrutiny of GST Returns for FY 2019-20

Posted by CA Harshit Goyal 27 May 2023 7306 Views

The Goods and Services Tax (GST) Department has introduced Instruction No. 02/2023-GST, presenting an updated Standard Operating Procedure (SOP) for the scrutiny of GST returns.