CAclubindia Articles


IBBI Mandates Unique ID for Valuation Reports Under IBC

  CS Peer mehboob    13 August 2024 at 14:26

In a significant regulatory development, the Insolvency and Bankruptcy Board of India (IBBI) has introduced a new mandate that requires all valuation reports under the Insolvency and Bankruptcy Code (IBC), 2016, to include a unique Valuation Report Identification Number (VRIN).



Second Special All-India Drive Against Fake GST Registrations: Key Guidelines and Action Plan

  CA Harshit Goyal    13 August 2024 at 08:45

On August 12, 2024, the Central Board of Indirect Taxes and Customs (CBIC) issued Instruction No. 02/2024-GST. This document outlines the guidelines for a second special All-India drive against fake GST registrations.



Can You Access Your Spouse's ITR Statements Under RTI During Divorce Proceedings?

  Sachinpro badge    13 August 2024 at 08:40

During divorce proceedings, obtaining your spouse’s Income Tax Return (ITR) statements is often crucial for determining financial obligations and fair maintenance.



Compliance in the Age of Digital Transformation: Balancing Innovation with Regulation

  Affluence Advisory    13 August 2024 at 08:40

Digital transformation brings about new business models, operational processes, and different ways of interacting with customers and stakeholders. As a result, governance structures and practices must be reevaluated and updated to ensure they remain relevant and effective.



Capital Assets Indexation- It's Gain and Pain!!

  CA Umesh Sharmapro badge    13 August 2024 at 08:40

The restoration of indexation benefits is a significant development, especially for those dealing with the transfer of land and buildings.



FAQs On Tax Audit Report

  Shree    12 August 2024 at 12:18

Find answers to your questions about tax audit reports.



Auto-Calculate Income Tax Software (FY 2024-25) with Form 10E for Govt & Non-Govt Employees

  Pranab Banerjee    12 August 2024 at 08:46

Download Auto Calculate Income Tax Preparation Software All in One in Excel for Govt and Non-Govt Employees for F.Y 2024-25 with Form 10E as per New Tax Slab as per Budget 2024 (July 24)



FAQs on PFA & Defective for ITR 1 to 6 for AY 24-25

  Shree    10 August 2024 at 16:27

Explore our detailed FAQs on PFA and Defective for ITR 1 to 6 for AY 24-25. Find essential information to simplify your tax return process.



Revised ITR: Deadlines, Common Errors, Procedures and Tips

  Mitali    10 August 2024 at 10:47

For FY 2023-24 due date to file revised ITR is 31st December 2024.



Form 67 and Foreign Tax Credit: Balancing Compliance and Rights in Indian Tax Law

  CA Dipak Dama    10 August 2024 at 08:36

In the more and more globalized economy, many Indian earns income from foreign sources, which can be taxed both in the country of origin and in India, leading to double taxation.