CAclubindia Articles

Big Relief - Strike off of Company without Annual Filing

Posted by CS Divesh Goyal 15 May 2023 7610 Views

There is a difference in the views of professionals, business entities, even authorities on above mentioned question. In below mentioned editorial author will discuss the provision of strike-off in concern to the above question.

Proactive GST Tax Evasion Measures: Near Real-Time Access to Banking Transactions

Posted by Abhishek Raja 15 May 2023 6479 Views

In recent developments, Goods and Services Tax (GST) authorities are moving towards acquiring near real-time access to the banking transactions of taxpayers. This initiative aims to detect and curb the proliferation of fake invoices and excessive use of input tax credit (ITC) by businesses, an issue that has been gradually escalating.

Treatment of RPF/Annuity/Gratuity in the hands of Employee

Posted by Geetanjali Pandey 15 May 2023 4252 Views

Treatment Of RPF/Annuity/Gratuity In The Hands Of Employee & Treatment Of Income In The Hands Of Trust/Fund Set Up For The Benefit Of Employees

Common issues raised in GST dept audit

Posted by CA Roopa Nayak 15 May 2023 9982 Views

In the course of audit done by dept under section 65 of the CGST Act, certain issues/objections could be raised. The assesses have to carefully examine the matter, give their explanation.

Geethanjali Aman Construction Case - RERA

Posted by Sivaraman A R 15 May 2023 4829 Views

The Real Estate (Regulation and Development) Act 2016 (RERA) came into effect from 1st May, 2016.

15 Tips for Millennials to Navigate Finance, Investing and Retirement Planning in India

Posted by Rashmi 15 May 2023 2140 Views

Millennials are the generation born between the early 1980s and early 2000s. They are the largest generation in India, and they are facing a number of financial challenges. The cost of living is rising, student loan debt is high, and the job market is competitive.

GST Automated Return Scrutiny Module

Posted by Harsh Kaushik 15 May 2023 8827 Views

GST Automated Return Scrutiny Module has been designed to select the GST Returns for the process of scrutiny. Its an effective tool to select the GST Returns based on the data analytics and system identified hazards.

What is Tax Deducted at Source?

Posted by Shubham Gupta 13 May 2023 7416 Views

For quick and efficient collection of taxes, the Income-tax Law has incorporated a system of deduction of tax at the point of generation of income. This system is called as �Tax Deducted at Source�, common

Decoding CBIC's Automated Return Scrutiny Module (ARSM) for GST returns

Posted by Abhishek Raja 13 May 2023 8289 Views

The Central Board of Indirect Taxes and Customs (CBIC) has rolled out an Automated Return Scrutiny Module (ARSM) for GST returns. The ARSM is a non-intrusive means of compliance verification that allows tax officers to scrutinize GST returns of Centre Administered Taxpayers (CATs) selected on the basis of data analytics and risks identified by the system.

Professionals are now covered under the purview of PMLA Act 2002

Posted by Affluence Advisory 13 May 2023 5456 Views

Central Government vide its notification dt: May 3, 2023 and May 9, 2023 has amended the definition of ‘Persons carrying on Designated Business or Profess