CAclubindia Articles

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

How is GST treated in relation to employee notice pay recovery?

Posted by Ishita Ramani 13 May 2023 3428 Views

In this article, we will discuss the effects of GST on employee notice pay recovery, its applicability, and the treatment of GST on such recoveries. But first, let's review GST (Goods and Service Tax).

How to file ITR in offline mode

Posted by Mitali 13 May 2023 6358 Views

To file Income Tax Returns (ITRs) offline, taxpayers must use the Offline Utility provided by the Income Tax Department. This utility allows users to generate a JSON file containing the necessary information and details of their ITR.

How To Build A Passive Income Stream Through High-Dividend Stocks

Posted by Niyati 13 May 2023 4462 Views

We'll discuss how you can build a passive income stream through high-dividend stocks.

Importance of Budgeting and Fund Flow Management for Small Businesses and Startups

Posted by Sarvam Gupta 13 May 2023 1663 Views

Effective budgeting and fund flow management is essential for small businesses and startups. These practices are not only relevant for larger companies with bigger budgets. Small and medium-sized businesses with limited resources need to maximize every penny they have, making budgeting and fund flow management even more critical.

Amnesty Scheme: GSTR-4 Annual

Posted by CA Ashutosh Khaitan 13 May 2023 5549 Views

Form GSTR-4 (Annual) is annual return which is required to be filed by taxpayers who have opted for composition levy u/s 10 of CGST Act.

LEI made mandatory for Non-Convertible Securities, Securitised Debt Instruments and Security Receipts

Posted by Neha Redekar 12 May 2023 1950 Views

SEBI through its circular dated 3rd May, 2023 has made Legal Entity Identifier (LEI) code mandatory for issuer who have listed and/ or propose to list non-convertible securities, securitised debt instruments and security receipts.