CAclubindia Articles

Avoiding ITR Filing Errors for AY 2023-24: Tips for a Smooth Process

Posted by Rashmi 20 July 2023 12380 Views

To ensure a hassle-free income tax return (ITR) filing experience, taxpayers should be mindful of certain crucial aspects. Here are some key tips to avoid common errors

Rectifying Post-Filed ITR Payments: A Step-by-Step Guide

Posted by Nikita Agarwal 20 July 2023 10200 Views

If you have already filed your Income Tax Return (ITR) but made a payment after filing, there are steps you can take to rectify the situation

Trading Window Closure becomes mandatory for all listed entities

Posted by Affluence Advisory 19 July 2023 1831 Views

Stock Exchanges have vide its circular dt: June 28, 2023 extended applicability of Circular to all listed entities in a phased manner

AIS Dilemma: Exempt Incomes and Unreported Transactions in Income Tax Filing

Posted by Rashmi 19 July 2023 6231 Views

Relying solely on your Annual Information Statement (AIS) to file your income tax return (ITR) without verifying other sources of income can lead to trouble with tax authorities

Guidance on what to do if you paid more tax than you owe

Posted by Nikita Agarwal 19 July 2023 2306 Views

If you have already filed your Income Tax Return (ITR) but made a higher tax payment than the demand mentioned in the intimation, you may need to follow some steps to rectify the situation

Exemption Limit (Rs. 1500 or Rs.750) under GTA - Confusing?

Posted by Lekhraj sood 18 July 2023 70719 Views

The rate of tax under forward charge is at 12% with ITC available or 5% without the benefit of ITC. Under the reverse charge, the rate is 5%.

Exceptions to the rule - Income of P.Y. is taxable in A.Y.

Posted by Ritik Chopra 18 July 2023 81213 Views

In some cases, income is taxed in the same year in which it is earned and so in these exceptional cases a previous year will also function as an assessment year. Let us discuss those exceptions.

Impact Analysis of Circulars & Notifications issued w.r.t. 50th GST Council Decisions

Posted by Vivek Jalan 18 July 2023 8464 Views

Analysis of GST - GST Circulars & Notifications dt. 17th July 23 w.r.t. 50th GST Council Decisions

Duties and rights of a partner in an LLP

Posted by Ishita Ramani 18 July 2023 14673 Views

An LLP can continue to exist despite changes in the partners. It is capable of entering into contracts and holding property in its own name. It can sue or be sued in its own name. LLP annual compliance standards are significantly less strict.

Unlocking the Power of e-Rupee: A Comprehensive Guide for First-Time Users

Posted by Rashmi 18 July 2023 5295 Views

e-Rupee is a digital form of the Indian rupee, issued by the Reserve Bank of India. It is a legal tender, just like cash, and can be used to make payments and hold value.