CAclubindia Articles

How to plan your Expenses?

CA Umesh Sharma 16 January 2024 at 08:12

Planning your expenses holds significant importance. It forms the base of financial stability and empowerment. By meticulously tracking where every rupee spent, you gain invaluable insights into your spending habits, paving the way for informed decisions that align with your financial goals

Centralized Information Management System (CIMS) Return for NBFCs

Affluence Advisory 16 January 2024 at 08:12

RBI issued a circular no. CO.DOS.RPD.No.7534/33-06-001/2023-24 dated January 01, 2024 requiring all Non-Banking Financial Companies (NBFCs) to file the applicable returns on new Centralized Information Management System (CIMS) platform.

Partners, Profits, Interest and Remuneration under Section 10AA

CA Divyajeet Singh Sabharwal 16 January 2024 at 08:11

Let's delve into the legal principles at play, understand the reasoning behind the conflicting viewpoints, and chart a course towards a clear understanding of this complex tax issue.

Time limit to avail ITC in Section 16(4) - GST and Recent Judgements

CA Roopa Nayak 15 January 2024 at 17:41

In this article, the paper writer has examined the relevant decisions wrt 16(4) as well as the validity of credit availed post such due dates.

SEBI Empowers Investors with Voluntary Trading Account Freeze Functionality

CA Divyajeet Singh Sabharwal 15 January 2024 at 08:06

Recognizing this vulnerability, SEBI has announced a groundbreaking framework that empowers investors with the ability to voluntarily freeze or block the online access of their trading accounts in case of suspicious activity.

What is GSTR 10 and how to file GSTR 10?

Ishita Ramani 15 January 2024 at 08:06

In this article, we'll discuss everything you need to know about filing GSTR 10, including what it means, who needs to file, the due date, and the penalty for non-compliance.

Will AI take over Accounting?

CA Hareesh 15 January 2024 at 08:06

If AI really takes over, accounting will happen through AI. As long as there is money, accounting will always exist. And humans will still work in accounting, keeping AI as an assistant and not the boss.

Clarity on TDS Refund Process: Form 71 Addresses Absence in Form 26AS for Income Booking

CA.Sangam Aggarwal 13 January 2024 at 14:30

Form 71 u/s 155(20) of IT Act, 1961 TDS refund in case not appearing in Form 26AS in the year of Income booking

How much Income is "Sufficient Income"?

CA Umesh Sharma 13 January 2024 at 14:30

In this series of "Arthneeti", we will discuss about sufficiency of Income.

Personal Guarantee by Directors and GST

CA Roopa Nayak 13 January 2024 at 10:13

BackgroundIn the past few years,under GST regime, there had been notices being issued demanding GST on guarantees given in respect of loans by director of compa..