CAclubindia Articles

Income Tax: CBDT issued fresh guidelines under section 194S(6)

CS Lalit Rajput 25 June 2022 at 08:53

Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes(TPL Division) File No. F. No. 370142/29/2022-TPL (Part-I) vide Income Tax Circular No. 13 of 2022 dated 22nd June, 2022 has released "Circular regarding Guidelines for removal of difficulties under sub-section (6) of section 194S of the Income-tax Act, 1961".

Analysis of provisions of Section 50D of IT Act 1961

FCS Deepak Pratap Singh 25 June 2022 at 08:53

There are various Advance Rulings relating to specific situations of "Transfer" of "Capital Assets". The provisions of Section 50D has been introduced to nullify above Advance Rulings.

GST on Charitable And Religious Trusts

Poojitha Raam Vinay 24 June 2022 at 14:14

The GST Act exempts certain activities conducted by the Charitable Trust.

Recent case laws related to revocation of the cancelled GST Registration

CA Vichitra Trivedi 24 June 2022 at 11:12

In this article, we are discussing some of the recent decisions delivered by the Courts in GST law.

Procedure for obtaining Refund under GST

Neethi V. Kannanth 24 June 2022 at 08:53

The refunds under GST can arise in the following circumstances- The cash balance in the electronic cash ledger deposited in excess or Tax paid by mistake or The..

New Wage Code

Mubina Kapasi 23 June 2022 at 09:05

The Modi govt is likely to implement 4 new labour codes soon. These will subsume 29 central labour regulations, aim to consolidate and simplify complex labour legislations.

FAQs on DIR-3 KYC: Part 1

CS Lalit Rajput 23 June 2022 at 09:05

Important Questions on Filing of DIR-3 KYC

What is income tax and how does it benefit an individual

Suhasini 22 June 2022 at 17:12

Your income for every financial year is taxed according to the Income Tax Laws. That is why filing the Income Tax return on an annual basis is important. So, let's move forward to know more about the income tax return and the benefits one can get from it.

Merger & Acquisitions under provisions of IT Act 1961

FCS Deepak Pratap Singh 22 June 2022 at 09:06

Amalgamation is a blending of two or more existing companies /undertakings into one company/ undertaking. The shareholders of two blending companies substantially become shareholders of the blended company. There will be an Amalgamation when two or more companies/undertakings are acquired by a new company.

Communication is the key to good governance

T.R.Radhakrishnan 21 June 2022 at 15:28

Communication is indeed the link that unite us with our fellow human beings. When it comes, it is like a miracle because it happens so rarely. It happened once and that was during our freedom struggle when we fought unitedly and in unison and Mahatma Gandhi harnessed the power of the people to create a "RAM RAJYA".