CAclubindia Articles

How to Register on TDS TRACES Website

Posted by Shivani 12 September 2023 4408 Views

TRACES (TDS Reconciliation Analysis and Correction Enabling System) is an online platform in used for the reconciliation of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) statements filed by deductors or collectors with the income tax department.

Comprehensive Guide to Annual Filing Forms AOC-4 and MGT-7

Posted by Affluence Advisory 12 September 2023 5090 Views

We have made an attempt to provide information cum clarification on Forms AOC-4 & MGT-7 for reporting the Financial Statements and Annual Return, respectively, as the Annual Filing is soon approaching.

Top Invoicing Tips for Freelancers and Independent Contractors

Posted by Niyati 12 September 2023 1395 Views

Freelancing and independent contracting have become increasingly popular in recent years, offering individuals the freedom to choose their projects, set their schedules, and work from virtually anywhere.

Beware of Cash Transaction under Income Tax Act

Posted by CA Umesh Sharma 12 September 2023 12981 Views

Some important provisions under Income Tax Act relating to cash transactions

An agreement for loan has to be accepted by AO unless proved fraudulent

Posted by Vivek Jalan 12 September 2023 2089 Views

Vide Finance Act, 2012, it was provided that the nature and source of any sum, in the nature of share application money, share capital, share premium or any such amount by whatever name called, credited in the books of a closely held company shall be treated as explained only if the source of funds is also explained in the hands of the shareholder

Roles of Directors & Shareholders in GST Cancellation

Posted by Ishita Ramani 12 September 2023 1969 Views

This article examines the idea of GST cancellation and explores the duties that directors and shareholders have in this situation.

Income Tax Department Sends Notices to 22,000 Taxpayers Over Deduction Discrepancies

Posted by Rashmi 12 September 2023 2317 Views

The Income Tax Department (ITD) has recently sent out notifications to around 22,000 taxpayers, including salaried individuals, high-net-worth individuals, trusts, and Hindu Undivided Families (HUFs).

NSA Ajit Doval on Decision Making

Posted by Karan Khatri 11 September 2023 9388 Views

On 27th March 2019, the National Security Advisor (NSA) of India Ajit Doval gave an interview on Lok Sabha TV, Talking Time Show. Ajit Doval discussed on decision making.

CA Result Mismatch - ICAI President response

Posted by Prajjwal Kaushik 11 September 2023 122356 Views

Lately, there's a lot of discussion in the social media about the mismatch that happened in the CA Final Nov 2017 results. There have been a lot of questi

Dark Secrets of Big 4s

Posted by CA Ravi Taori 11 September 2023 33227 Views

Hello Everyone, here we are going to discuss a very controversial topic. I will try to be unbiased as I was an article of one of the Big4s. First of all, I have...