CAclubindia Articles

Why Paying Rent Above Rs 50,000 Requires Extra Tax Compliance

Rashmi 31 March 2025 at 08:40

If you pay more than ₹50,000 in monthly rent, simply claiming House Rent Allowance (HRA) while filing your tax return may not be enough to keep the Income Tax D..

Choosing Between the Composition and Regular Schemes under GST: A Comprehensive Guide

CA Narender Yarragorla 29 March 2025 at 08:31

GST is a pivotal tax reform in India, streamlining indirect taxation for businesses across sectors. One of the fundamental decisions every registered taxpayer must make is choosing between the Composition Scheme and the Regular Scheme.

How to File Annual Returns for a Pvt. Ltd Company Online

Ishita Ramani 29 March 2025 at 08:26

Here's an easy and simple article for you to know all the essentials about the Annual return filing for a Private Limited Company.

NBFC - A Step by Step Takeover Process

Affluence Advisory 29 March 2025 at 08:26

This article covers a comprehensive NBFC takeover checklist, leading to seamless business transactions.

What is ITR-U Form and How to File It?

Sparsh Wadhwa 29 March 2025 at 08:26

The Income Tax Return Updated Form (ITR-U) is a provision that allows taxpayers to rectify errors or omissions in their previously filed ITRs. Introduced in the Union Budget 2022, this form enables taxpayers to file an updated return within two years from the end of the relevant assessment year.

Important Tasks to do before 31st March 2025

CA Niyati Soni 28 March 2025 at 08:35

Don't miss these crucial financial deadlines! Key tasks to complete before 31st March 2025, including tax-saving investments, ITR filing, and compliance updates..

Supreme Court Clarifies Differences Between Gift, Settlement and Will in Property Dispute

Rashmi 28 March 2025 at 08:31

A recent case of the Supreme Court was about a legal dispute between a daughter and a son over a piece of property given to the daughter by their father.

OPC vs. Private Limited Company: Annual Return Filing

Ishita Ramani 27 March 2025 at 08:31

This article will help you understand the annual filings for OPC and Private Limited Company.

Finance Bill 2025: Key Amendments, Budget Overview and Economic Impact

Rashmi 27 March 2025 at 08:24

The Lok Sabha passed the Finance Bill 2025 on March 25, 2025, incorporating 35 government amendments. This marks a crucial step in the Budget approval process for the fiscal year 2025-26

Provisions Relating to the Foreign Currency - Transfer of Shares and its Reporting Thereto

Affluence Advisory 26 March 2025 at 08:31

The Reserve Bank of India ("RBI") has notified Master Direction for Foreign Investment in India Updated up to January 20, 2025), read with Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (NDI Rules) and Foreign Exchange Management