CAclubindia Articles

Section 194IA | TDS on Sale of Property

Posted by CA Ruby Bansal 20 April 2023 8580 Views

Section 194IA of the Income Tax Act is a provision related to the deduction of tax at source (TDS) on payments made for the purchase of immovable property.

Section 17 of CGST Act 2017: Apportionment of Credit and Blocked Credit

Posted by Harsh Kaushik 20 April 2023 7806 Views

Section 17 of the CGST ACT 2017 talks about Input Tax Credit Apportionment and Blocking of Ineligible GST Credits.

Blockchain Adoption in Accounting: Opportunities and Challenges for Professional Accountants

Posted by CA Sanat Pyne 20 April 2023 12125 Views

Blockchain technology is a decentralized, distributed ledger system that allows for the secure and transparent recording of transactions.

Benefits of Filing ITR on time for FY 2022-23

Posted by Rashmi 20 April 2023 12032 Views

Filing your income tax return on time comes with various benefits. It not only helps you to avoid penalties and interest charges but also helps to build your financial history, improve your credit score, and increase your chances of obtaining loans and credit cards.

Recent ITAT rulings on Royalty and Fees for Technical Services

Posted by CA Rakesh Ishi 19 April 2023 5243 Views

ITAT held that the usage of Microsoft license and service desk facility dealing with IT incidents will not be treated as royalty and Fees for Technical Service (FTS).

The Career Path To Being A Quantitative Analyst

Posted by Shree 19 April 2023 4767 Views

Quantitative analysts (quant analysts or quants) are financial professionals who develop and implement the various mathematical models used by investment banks, hedge funds, and other financial firms to analyse the markets, price assets, make investment decisions, manage risk, and measure performance.

Consequence of non-compliance with w.r.t maintenance of Books of Accounts, Statutory Registers and Minutes Book

Posted by Affluence Advisory 19 April 2023 5781 Views

In recent times, ROC has been diligently suspecting the non-compliance and passing stringent orders against the Company and its Directors. Therefore it has become important for the Company and Directors to ensure Compliance in true spirit and letter.

Components of Annual Return

Posted by Ishita Ramani 19 April 2023 3305 Views

The term "Annual Return" refers to the returns on an investment that are computed as a percentage of the initial investment over the period of a year. A gain on the initial investment occurs when the return is positive.

Strategies for preventing Financial Fraud in 2023

Posted by CA Sanat Pyne 19 April 2023 2476 Views

Financial fraud refers to any illegal or unethical activity that is committed with the intent to deceive or defraud individuals or organizations for financial gain. Financial fraud can take many forms, such as identity theft, credit card fraud, investment scams, embezzlement, and money laundering.

Most Commonly Used TDS Sections along with TDS Rates and Threshold Limit

Posted by CA. Bhavik P. Chudasama 19 April 2023 15960 Views

Tax Deducted at Source (TDS) is a mechanism of collecting income tax at the source of income itself. TDS is applicable to various types of payments such as salary, interest, commission, rent, etc.