Easy Office
LCI Learning

CAclubindia Articles


Does the Onus for Non-Compliance with Compliances rest solely with the Company Secretary?

  CS Divesh Goyal    11 April 2024 at 09:58

In this case law, the Regional Director has entirely focused on the Company Secretary and stated that the Company Secretary is solely responsible for the Company's Secretarial Standards and Compliances. Read the editorial till end.



Differentiating TDS on Rent: Section 194IB vs 195 of IT Act, 1961

  CA. Bhavik P. Chudasama    11 April 2024 at 08:47

The Income Tax Act mandates tenants to deduct Tax Deducted at Source (TDS) on rent payments under certain circumstances. This helps collect tax from landlords at the source of income. Here's a breakdown of TDS on rent under Section 194IB and 195



Valuation Report to Save 30-40% Taxes on NRI Property Sale

  CA Arun Tiwari    11 April 2024 at 08:43

In this comprehensive guide, we'll delve into the intricacies of valuation reports and how they can empower NRIs to achieve remarkable tax savings of up to 30-40% when selling a property in India.



Issuance of notice in Form GST ASMT-10

  Affluence Advisory    10 April 2024 at 14:44

Goods and Services Tax (GST) is a self-assessment-based tax scheme wherein a taxpayer is required to determine its tax liability and avail the eligible credit on a periodical basis.



Income Tax Slabs: Comparison between old Vs new regime for the FY 2023-24

  Mitali    10 April 2024 at 14:36

Deciding which tax regime to choose it completely depends upon individual financial circumstances.



A Guide to Obtaining CKYC Registration for Financial Institutions in India

  Parveen Sihag    10 April 2024 at 08:34

In India, financial institutions are mandated to obtain Central Know Your Customer (CKYC) registration from the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI).



Empowering MSMEs and Addressing Unauthorized Registrations

  CA Pallav Singhania    10 April 2024 at 08:34

This article explores the integration of PAN in India's MSME registration, enhancing transparency and efficiency.



Form 10-IEA: Opting for the Old Tax Regime

  Mitali    09 April 2024 at 15:21

Form 10-IEA has been notified through Notification No. 43/2023 dated 21st June 2023 which enables taxpayers to make choice between the old and new tax regimes.



Can Share Valuation under DCF Method be Rejected and Recalculated by the Assessing Officer?

  VIVEK JALAN    09 April 2024 at 08:46

Any businessman or entrepreneur, visualises the business based on certain future projection and undertakes all kind of risks. It is the risk factor alone which gives a higher return to a businessman and the income tax department or revenue official cannot guide a businessman in which manner risk has to be undertaken.



Unlocking Convenience: The 'AIS for Taxpayer' App

  CA Pallav Singhania    09 April 2024 at 08:41

The Indian Government has recently unveiled a mobile app for taxpayers - the 'AIS for Taxpayer'. Developed by the Income Tax Department, this innovative application serves as a comprehensive tool empowering individuals with seamless access to their tax-related information and facilitating informed financial decision-making.