CAclubindia Articles

Safeguarding Our Digital Future: The Urgent Need and Significance of Data Privacy and Data Protection

Posted by ACS Shahbaz Khan 29 May 2023 2317 Views

In today's increasingly connected world, where technology has become an integral part of our lives, the importance of data privacy and data protection cannot be overstated.

CBIC's Nationwide Sweep Exposes 10,000 Alarming Cases of Fake GST Registrations

Posted by Rashmi 27 May 2023 9736 Views

The Central Board of Indirect Taxes and Customs (CBIC) has launched a special all-India drive to combat cases of fake Goods and Services Tax (GST) registration....

Important Instruction on SOP for Scrutiny of GST Returns for FY 2019-20

Posted by CA Harshit Goyal 27 May 2023 7307 Views

The Goods and Services Tax (GST) Department has introduced Instruction No. 02/2023-GST, presenting an updated Standard Operating Procedure (SOP) for the scrutiny of GST returns.

Schedule III of CGST Act 2017: Related to Legal/Court/Tribunal services

Posted by Geetanjali Pandey 26 May 2023 3044 Views

In this Article, the author is going to describe the activities/transactions, which although are falling within the scope of Supply

Share Capital and its Accounting Entries

Posted by Mitali 26 May 2023 42076 Views

Share capital refers to the total value of shares issued by a company and held by its shareholders. It represents the initial or subsequent investment made by individuals, institutions, or other companies in exchange for ownership in the business.

Adjudication Penalty For Adani Power For Non-Compliance Related Party Transaction

Posted by CS Divesh Goyal 26 May 2023 2655 Views

Every company registered under this statute or any other as prescribed is required to disclose related party transactions, under Sections 188 and 189 of the Company Act 2013.

Schedule III of CGST Act 2017: Related to Employee Services

Posted by Geetanjali Pandey 26 May 2023 7532 Views

Under this Article, I am going to describe the activities/transactions, which although are falling within the scope of Supply

Can you get Tax Deductions for Both HRA and Home Loan Interest Simultaneously?

Posted by Tarun Kumar Madaan 26 May 2023 9300 Views

House Rent Allowance (HRA) is an allowance employers provide to cover the expenses of rented housing for employees. The Income-tax Act allows for an exemption on HRA if an employee resides in a rented house. Additionally, the Act permits a deduction on the interest paid by an individual taxpayer on a home loan.

Section 60 Provisional Assessment under GST: A Comprehensive Guide

Posted by CA Harshit Goyal 26 May 2023 6735 Views

In this article, we will delve into the details of Section 60 and explore the procedures involved in the provisional assessment process.

What is GST? Understanding from the implementation phase

Posted by Taxblock 25 May 2023 2911 Views

GST is called as Goods and Service Tax which is an indirect tax and passed in the parliament on 29th March 2017 and came into force on 1st July 2017. This is an indirect tax which has replaced many indirect taxes such as VAT, excise duty etc.