CAclubindia Articles

Corporate Governance Requirements for NCD Listed Companies - Part B

Posted by Affluence Advisory 26 July 2025 96 Views

This section aims to bridge the gap between the regulatory provisions and their application in day-to-day corporate governance practices.

Finance Minister Urges Swift Disposal of Tax Disputes and Litigation Backlog

Posted by Mitali 25 July 2025 145 Views

FM Nirmala Sitharaman urges swift resolution of tax disputes, highlights timely execution over policy and praises CBDT’s streamlined tax bill reform.

Received Rs 5 Lakh in FY 24-25 from LIC Jeevan Labh: Do I Need To Pay Tax in AY 25-26?

Posted by Poojitha Raam Vinay

25 July 2025 1090 Views

Understand the taxability of LIC Jeevan Labh maturity benefits under Section 10(10D) of the Income Tax Act. Learn how the issue date, annual premium amount and recent Rs 5 lakh limit affect tax exemption.

TCS on Sale of Scrap under 206C

Posted by Chaitra Seetharam 25 July 2025 32 Views

TCS on Sale of Scrap - TCS is collected by the seller when selling scrap materials which is then paid to the government.

Your Cash, Your ITR: Rules for Withdrawals and Deposits with Reconciliation Strategy

Posted by Mitali 25 July 2025 3204 Views

Learn how cash withdrawals impact your ITR and when disclosure is necessary to avoid income tax cases, with insights on AI scrutiny and compliance for various income types.

CBDT Circular 9/2025: PAN-Aadhaar Linking Relief for TDS/TCS Defaults Explained

Posted by CA Varun Gupta

25 July 2025 5218 Views

This Circular aims to address a recurring grievance wherein system-generated demands were raised under Sections 200A and 206CB of the Income-tax Act, 1961, for short deduction or short collection of tax, even though the deductee's/collectee's PAN became operative shortly after the transaction