Popular Articles
GSTN Advisory for Set-Off of IGST Liability taken off from the GST Portal: Expected Consequences for Taxpayers!
The April 2026 withdrawal of the GST portal advisory has restored the statutory ITC utilization sequence under Section 49(5) of the CGST Act, increasing compliance and cash flow challenges for taxpayers. Businesses that relied on the earlier mechanism in February and March 2026 may now face interest liability, notices, and potential litigation over incorrect ITC utilization.
Digitizing your Practice - The mantra for today!
06 April 2023
4119 Views
Digitizing a CA practice involves utilizing technology to automate various aspects of the practice. This can include automating data entry and bookkeeping, using analytics to provide financial insights, automating tax-related documentation, and similar tasks.
The Challenges of Financial Liberalisation for Emerging Market Economies
The BIS recently announced that the RBI Vice-Governor, Mr Rakesh Mohan, will chair a new working group on "Capital flows and emerging economies". I would like to congratulate him for accepting to explore this complex issue. I will offer some views on
Section 148A Notice: Dangerous as Ak-47 Riffle in the hands of AO - Beware
Section 148A of the Income Tax Act, 1961, pertains to the issuance of notices for assessment or reassessment in certain cases. It is as dangerous as the AK-47 rifle in the hands of the Department if we wrongly respond to this notice. Be Careful!
Group wide Share based payment arrangements -Diversity in accounting practice under IGAAP
This article aims to explain the diversity of the accounting practice in place for group-wide share-based payment arrangements.
Key changes in ITR Forms for AY 2021-22 - Part 5: ITR 7
Dividend will now be taxable from Rs. 1/‐ as section 115BBDA is omitted. Accordingly, Interest expenditure u/s 57(1) to earn Dividend can be claimed at sl.no.3....
Impact of restricting imports on Laptops, Tablets, PCs, Servers etc.
Vide Notification No. 23/2023 dated 3rd August 2023 issued by the DGFT, with immediate effect, import of laptops, tablets, palmtops, all-in-one personal computers, and ultra-small form factor computers and servers falling under HSN 8741 will be 'restricted' and their import would be allowed only against a valid licence for restricted imports
Key Tax Law Changes 2021 - Top 10 Key Aspects
FY 2020-21 has been a roller coaster for finance and tax professionals. In this article, we discuss the top 10 important tax law changes that have been made throughout the year.
Changes in definition of inputs, capital goods and input services
As evident from revised draft, the definitions of the input goods, capital goods and input services have undergone a major change or let's say, it has been simplified to the maximum extent possible.
Everything About LLP-8 (V3)
In this editorial author shall discuss, the provisions, process, criticalities of Web-form LLP-08 i.e. LLP-08 is Statement of Account & Solvency and Charge to Registrar of Companies of LLP.
Popular Articles
- Post Office Savings Account Interest Rate 2026: Is It Better Than a Bank Savings Account?
- PF Withdrawal Online 2026: With New EPFO 3.0 Rules
- TDS Return Due Date For FY 2026-27: Updated As Per IT Act 2025
- PAN Card 2.0 Apply Online in 2026: Latest Updates with QR Code and Application Process
- Post Office RD Interest Rate 2026: Latest Update with Tax Benefit
- What Is Form 26AS: How to Check and Download Online for AY 2026-27
- Latest Changes in ITR-1, ITR-2 & ITR-4 for AY 2026-27: A Detailed Analysis
- GST Registration Cannot Be Cancelled for Closed Premises Alone
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
