Popular Articles

Inquiry made u/s 142 or 142A of income tax act

Taxblock 17 September 2022 at 07:06

Section 142 and 142A of the Income-tax Act deal with giving notice to the assessee to submit returns, produce accounts, documents, etc.

GSTR 3B Table 4 Simplified

CA Kunal Arora 08 June 2023 at 09:44

CBIC vide Notification No. 14/2022 - Central Tax dt. 5th July 2022 read with Circular No. 170/02/2022-GST dt. 6th July 2022 updated the reporting format for GSTR 3B Table 4.

ITC and CSR Expenses

CA Roopa Nayak 11 February 2023 at 12:48

In this article, the author has examined the eligibility of ITC on expenses related to CSR, in light of the proposed amendment in Budget 2023.

Paperless Invoices - The new age way for exchanging data electronically

Arpit Tandon 06 March 2019 at 16:56

With the advance of technology things are moving from paper to paperless. Earlier cheques were being issued for payment, now payment is done through net banking..

Procedure of converting Public Company into Private Company

CS Ekta Maheshwari 05 August 2019 at 10:49

In this write-up, we have discussed the detailed process for converting a Public company into a Private company.Features of a Private Company:- It can have upto..

The No.1 thing every (struggling) CA student needs!

CA Hareesh 24 July 2021 at 08:53

If you are a CA student, the biggest enemy to you could be the resistance to open the book. No, you are not a bad person. You get the resistance because studying can be overwhelming sometimes.

Let's understand GST Compensation Cess: A New Levy in GST framework

NITIN GOYAL 28 November 2016 at 10:47

Right from the beginning of talks relating to GST, we all were hoping that with the in

JSON Utility for ITR1 & ITR 4 for AY 2021-22 released by CBDT

CA Sapna Ghelani 05 April 2021 at 09:30

The Central Board of Direct Taxes (CBDT) has introduced a new utility named JSON Utility for ITR - 1 and ITR - 4 for Assessment Year 2021-22 and have discontinued the Excel and Java Version of these ITR Utilities.

Tax Benefits on Rent Paid: Relief for Non-Salaried Individuals

Rashmi 14 June 2023 at 09:11

When it comes to tax deductions for individuals living in rented accommodation, there is good news for both salaried and non-salaried individuals. While salaried taxpayers can claim House Rent Allowance (HRA) exemption, non-salaried individuals also have a provision that provides tax relief. Let's explore the details of this provision and the conditions to be fulfilled.

Glance at burning legal issues to set off in this budget!

Pradeep Jain 24 February 2016 at 10:50

With the budget round the corner, the consultants are busy making representations whether it be related to rectification of apparent mistakes in the notifications or whether it be related to amendments desired in particular sectors. There is a huge w