CAclubindia Articles

Co-Operative societies are liable to deduct tax from payment of interest

Posted by K.V. Radhakrishnan 01 November 2025 14858 Views

The Kerala High Court has upheld the validity of the proviso to Section 194A(3) of the Income Tax Act, 1961, making it mandatory for co-operative societies with turnover above Rs 50 crore to deduct TDS on interest paid to depositors.

Salary Aayi, Salary Gayi - Part I: The Spending Syndrome: Thrills today, Bills tomorrow!

Posted by Raj Jaggi

01 November 2025 142 Views

A thought-provoking narrative on personal finance, this piece explores how mindful money management builds confidence, stability, and true financial independence.

Legal Entity Identifier LEI Understanding Its Purpose and Applicability in India

Posted by Affluence Advisory 01 November 2025 143 Views

Learn everything about the Legal Entity Identifier (LEI), a 20-character global identification code for companies and organizations engaged in financial transactions.

New GST for Offset Printing & Paper Packaging Purchase (Effective Sept 22, 2025)

Posted by Dwipal U Patel 31 October 2025 1070 Views

From Sept 22, 2025, India shifts to two GST slabs - 5% and 18%. Paper packaging and printing job work under Chapter 48/49 now attracts only 5% GST.

New GST Registration System from Nov: What Changes for Small Businesses

Posted by LegalDev 31 October 2025 3756 Views

From November 1, 2025, the government will launch a new GST registration system under GST 2.0 reforms, offering automatic approval and faster registration for low-risk applicants.

The Truth Beneath the Glitter - Decoding Sponsorship Services Under GST

Posted by Raj Jaggi

30 October 2025 279 Views

In his insightful article, the author breaks down the complexities of sponsorship classification under GST with wit and clarity. Through real-world examples, he explains how brand promotion differs from event logistics, the impact of the 2025 RCM–FCM amendment and the risks of misclassification that can trigger Section 74A proceedings.

Major Update in GSTR-9 Table 8A for FY 2024-25: ITC Reconciliation Logic Changed

Posted by Mitali 29 October 2025 3226 Views

Learn about key changes in Table 8A in GSTR-9 for FY 2024-25, including new ITC rules for delayed invoices and Section 74A payment updates.

Received Notice u/s 142(1): How To Reply?

Posted by Poojitha Raam Vinay

29 October 2025 2746 Views

Got a Section 142(1) income tax notice? Understand its purpose, common reasons for issue, response procedure, and key deadlines to stay compliant.

Government's New e-Aadhaar App in 2025: You Can Now Edit Details from Home

Posted by Mitali 29 October 2025 46939 Views

UIDAI will launch the new e-Aadhaar mobile app by December 2025, allowing users to update Aadhaar details like mobile number, address and date of birth from home.

SEBI Restricts Mutual Funds from Pre-IPO Placements: What You Need to Know

Posted by Affluence Advisory 29 October 2025 184 Views

SEBI has barred mutual funds from investing in unlisted or pre-IPO shares, allowing participation only during the IPO or as anchor investors. The move aims to enhance transparency, ensure fair valuations, and protect retail investors.