CAclubindia Articles

How to Claim Refund of GST on Cancelled Flat or Real Estate Property by an Unregistered Dealer

Posted by Meghna Jitesh Telisara 25 April 2023 8036 Views

An unregistered buyer who decides to cancel the agreement to purchase a flat can claim GST refund paid by him from the builder or the government depending upon the timeline of the cancellation of such agreement.

Companies need to file MSME payment data before 30th April 2023

Posted by CA Umesh Sharma 24 April 2023 16565 Views

Every year, all company taxpayers need to file form MSME-1 by a notification dated 2nd November 2018 but it holds a huge significance this year as the payments would be disallowed by the Income Act authorities if payment is not made within 45 days.

Section 18: Availability Of ITC Under Special Circumstances

Posted by Harsh Kaushik 24 April 2023 13833 Views

What does Section 18 say?Section 18 of the CGST ACT 2017 talks about the Input Tax Credit availability under special circumstances such as in case of exempt sup...

Choose Right Tax Regime for FY 2023-24

Posted by Affluence Advisory 24 April 2023 5085 Views

If you FAIL to choose between the New and Old Tax Regime, the Employer will take the New Tax Regime as DEFAULT and deduct TDS under it.

Cyber Security Overview

Posted by CA Sanat Pyne 24 April 2023 2764 Views

Cybersecurity refers to the practices, technologies, and measures that are taken to protect digital systems, networks, and devices from cyber-attacks, data breaches, and other malicious activities. In today's increasingly digital world, cyber security has become a critical concern for individuals, businesses, and governments alike.

Why Indian Income Tax New Tax Regime is the Government's Favorite Child!

Posted by Abhishek Raja 24 April 2023 66765 Views

In this article, I will be discussing the new tax regime in India, comparing it with the old income tax regime, and explaining why the new regime is the government's favorite child.

Types of bank accounts for NRIs in India

Posted by CA. Heet Shah 24 April 2023 2880 Views

NRI accounts are bank accounts opened by NRIs in India for various transactions, such as depositing foreign currency earnings, transferring funds to India, etc. These accounts can be in the form of NRE, NRO, or FCNR accounts.

Section 194Q: TDS on purchase of goods

Posted by ALEXANDAR GAZI 22 April 2023 11559 Views

The implication of section 194Q in the Income Tax Act, 1961 is one of the several desperate attempts of the Government to increase the flow of revenue into the exchequer.

All about Sweat Equity

Posted by Devershi Gupta 22 April 2023 12049 Views

Sweat equity is generally not monetary and, in most cases, comes in the form of physical labor, mental effort, and time. Sweat equity is commonly n the corporate world - especially for startups.