CAclubindia Articles

Penalties for Not Filing Tax Audit Report

Posted by Startup Solicitors LLP 22 October 2024 77062 Views

In India, the Income Tax Act mandates that certain individuals and entities must undergo a tax audit and file a Tax Audit Report (TAR) by a specified due date. Failing to comply with this requirement can lead to various penalties and consequences. Let's explore the penalties for not filing a Tax Audit Report in India:

No IGST on Ocean Freight for CIF Contracts from Oct 1

Posted by Bimal Jain 30 September 2023 4514 Views

Learn about the recent changes to IGST on ocean freight for CIF contracts. Find out how the Supreme Court ruling impacts importers and when these changes take effect.

Exit Tax Explained: Your Guide to International Relocation Taxes

Posted by CA Ajay goel 30 September 2023 5689 Views

Moving abroad? Understand exit taxes on unrealised capital gains. Learn how governments tax your assets upon international relocation. Get informed!

Conquer Missing Tile Syndrome: Find Completeness

Posted by CA Manish 30 September 2023 8038 Views

Feeling incomplete? Discover how to overcome Missing Tile Syndrome with gratitude, realistic goals, mindfulness, and healthy social media habits.

Increase Authorised Share Capital: Step-by-Step Guide

Posted by Ishita Ramani 30 September 2023 2049 Views

Learn how to increase your Private Limited Company's authorised share capital. Follow our simple 4-step process to amend MOA & AOA and file with ROC.

Talent Retention: Unlock Your Company's Success

Posted by CA Ajay goel 29 September 2023 2917 Views

Struggling to keep top talent? Discover key reasons for employee turnover and actionable solutions to improve retention and ensure business success.

MCA Extends AGM Video Conferencing Rules to Sept 2024

Posted by Affluence Advisory 02 October 2023 1602 Views

Companies can now hold AGMs via Video Conference (VC) or OAVM until September 30, 2024, thanks to the MCA's latest extension. Learn more about the updated regulations.

Audit Report 10BB: Applicability & Disclosure Rules

Posted by Geetanjali Pandey 29 September 2023 19290 Views

Understand Audit Report 10BB applicability for trusts and institutions. Learn about disclosure requirements for commencement of activities, book-keeping, and donations.

Customer Service: Two Perspectives on Business Success

Posted by T.R.Radhakrishnan 29 September 2023 860 Views

Explore two unique perspectives on customer service, one for business growth and another for career advancement, inspired by a memorable bank manager's conference.

Inventory Valuation & Income Tax: New Rules Explained

Posted by CMA Navneet Kr Jain 29 September 2023 9449 Views

Understand the new Form 6D for inventory valuation under Income Tax. Ensure accurate reporting and avoid penalties. Learn about the latest regulations.