CAclubindia Articles

Most Ignored Section 80GG - Deductions in Respect of Rents

Posted by Amol Gopal Kabra (CA,CS,DISA) 20 September 2023 226692 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

Slot Machine Tax: Know Your Winnings & Obligations

Posted by Ayush 20 September 2023 1765 Views

Discover when to pay taxes on slot machine winnings, understand IRS reporting thresholds, and learn strategies for tax-efficient management. Play smart!

GST Summons: Your Rights, Duties & Validity Explained

Posted by Abhishek Raja 20 September 2023 5630 Views

Understand your rights and duties when issued a GST summons. Learn about validity, procedures, and how to respond effectively to GST inquiries.

Revenue vs Capital Expenditure & Depreciation

Posted by Vivek Jalan 20 September 2023 2585 Views

Understand the difference between revenue and capital expenditure, and when depreciation applies to intangible assets like non-compete fees.

Companies Act Compliance: Why It Matters for Your Business

Posted by CA Ajay goel 19 September 2023 2253 Views

Discover why adhering to the Companies Act is crucial for businesses. Learn about legal structures, stakeholder trust, transparency, and the severe penalties for non-compliance.

Income Tax Audit: Your Vighna-Harta for Business

Posted by Member (Account Deleted) 18 September 2023 8991 Views

Discover how an income tax audit removes financial obstacles, enhances transparency, and simplifies tax filing for your business. Learn more!

July 2023 GST Circulars: Avoid These 4 Key Mistakes

Posted by CA Shruti Singhal 18 September 2023 7978 Views

Understand the crucial GST circulars from July 2023. Learn to avoid common mistakes regarding ITC, refunds, e-invoicing, and TCS to ensure compliance.

PMLA Act Updates: Stricter Rules for Financial Transactions

Posted by Vivek Jalan 18 September 2023 12738 Views

Discover the latest PMLA Act amendments impacting banking & financial transactions. Learn about new principal officer responsibilities and stricter client due diligence. Read now!

July/Aug 2023 Small Business Changes: Top 10 Updates

Posted by CA Shruti Singhal 18 September 2023 6866 Views

Discover the top 10 crucial changes impacting UK small businesses from July & August 2023. Stay informed and compliant with these essential updates.

Indian GST Compliance: Your Simple Guide to E-Invoicing & More

Posted by Abhishek Raja 18 September 2023 25864 Views

Master Indian GST compliances with our layman's guide. Learn about e-invoicing, e-way bills, ITC, tax payments, and return filing to ensure smooth business operations.