CAclubindia Articles

Valuation of Start-ups

Posted by Geetanjali Pandey 18 April 2023 3739 Views

Start-ups as the name suggest any venture which is going to start or at stage of development or just emerged an innovative idea or technique.

The Rise of Paid Online Gaming: Understanding Taxation in the Digital World

Posted by Aisha 18 April 2023 5157 Views

In this blog, we will explore the taxation of paid online gaming and discuss how it differs from traditional gaming. We will also delve into the various taxes that may apply to online gaming and examine the legal and regulatory landscape for online gaming taxation.

Income Tax Amendments applicable for AY 2023-24 (FY 2022-23)

Posted by Geetanjali Pandey 18 April 2023 18136 Views

This article will outline some of the important amendments made by Finance Act, 2023 which is applicable for FY 2022-23 (AY 2023-24) which we need to take care of while filing ITR of AY 2023-24.

What Borrowers Need to Know About RBI's Proposed Regulations on Penalties for Loans

Posted by Rashmi 18 April 2023 2303 Views

The Reserve Bank of India (RBI) has proposed new regulations on how lenders can charge penalties on loans. Many lenders currently charge extra interest, known as penal interest, when a borrower fails to make their loan repayments on time or violates the loan terms

IND AS Adoption Guide

Posted by CA Sanat Pyne 18 April 2023 7346 Views

The adoption of the Indian Accounting Standards (IND AS) marks a significant shift in the way companies in India report their financial statements.

ITC in case of motor vehicle including blocked credit

Posted by Divyanshu Sharma 17 April 2023 10442 Views

1) Motor Vehicle used for transportation of Persons(A) ITC is blocked for motor vehicles have approved seating capacity ≤ 13 persons (including the driver)IT...

Section 16 of CGST Act 2017: Eligibility and conditions for taking ITC

Posted by Harsh Kaushik 17 April 2023 16131 Views

Section 16 of CGST ACT 2017 talks about Input Tax Credit mechanism, which allow Taxpayers to offset the GST Input Tax Credit with the GST Output Tax Liability. This helps in avoiding the cascading effect of taxes and promote seamless flow of credit through the entire supply chain.

Guide to Filing Income Tax Return for Freelancers and Self-Employed Individuals in FY 22-23

Posted by Rashmi 17 April 2023 11090 Views

Here are some points to keep in mind while filing a tax return as a freelancer or self-employed individual

When Indian Companies are treated as Foreign Companies

Posted by Ekta Ahlawat 17 April 2023 16500 Views

In this article, the author shares with you all the applicable provisions on Foreign Company.

Digitization: A revolution in Indian Taxation

Posted by Ayush Vats 17 April 2023 4054 Views

Digitization has sparked a revolution in the Indian Income Tax Department, providing a multitude of benefits to both taxpayers and the government. With the advent of digitization, the Income Tax Department has made significant progress in modernizing various tax-related processes.