CAclubindia Articles

Practical Guide to Dealing with a notice for Reopening of Assessment Proceedings under IT Act 1961

Posted by Adv. Ravish Bhatt, ADIT, CIOT 06 May 2023 6420 Views

Reopening of an assessment concluded under section 143(1) or even under section 143(3) (Scrutiny Assessment) of Income Tax Act, 1961 is a dreaded nightmare of any assessee.

GST for Freelancers

Posted by Ishita Ramani 06 May 2023 7251 Views

This article aims to provide information on GST for freelancers in India.

Stock audit basics & checklist of documents required

Posted by Niket Agarwal 06 May 2023 196213 Views

What is a Stock Audit?It is the physical verification of the inventory. However at times it may also include valuation of the inventory, this would depend upon the terms of referrence or the engagement letter of the assignment. Important thing to rem

Special Drive to Combat Fake GST Registrations and Safeguard Government Revenue

Posted by Abhishek Raja 06 May 2023 36563 Views

The Indian government has announced a Special All-India Drive to be carried out from 16th May to 15th July 2023, aiming to tackle the growing problem of fake Goods and Services Tax (GST) registrations and the fraudulent passing of input tax credit (ITC).

Loan against EPF: Key Summary

Posted by CS Lalit Rajput 06 May 2023 2544 Views

The Central Government had launched Employees' Provident Fund (EPF) which is a retirement benefit scheme maintained by the Employees' Provident Fund Org...

Section 62 of CGST Act 2017: Assessment of non-filer of returns

Posted by Harsh Kaushik 06 May 2023 8473 Views

Section 62 of CGST ACT 2017 talks about the assessment of those registered taxpayers who have not filed their GST returns within the prescribed due dates. r.

Changes in the New Tax Regime: Everything you need to know

Posted by Pranab Banerjee

06 May 2023 8236 Views

A new tax regime has been introduced through the Union Budget 2020. In this tax regime, the income tax rates are lower and if a person opts for this regime, he will have to lose most of the benefits.

Predictive Analysis

Posted by CA Pawan kumar mishra 06 May 2023 2470 Views

Predictive analytics is the process of using data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. It is a type of data analytics that uses statistical algorithms to analyze past data to make predictions about future events.

Story of Struggle to Success

Posted by CA Pallav Singhania 06 May 2023 5872 Views

Becoming a Chartered Accountant is not an easy feat, and my journey towards achieving this goal was no exception. My passion for finance and accounting led me to pursue a CA degree, which I joined in 2010.

Understanding the implications of EPFO's new ruling on higher EPS pension contributions

Posted by Rashmi 06 May 2023 3976 Views

The EPFO has replaced the old rule for higher EPS pension contribution, which required an additional 1.16% of salary above the wage ceiling, with a new methodology.