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CAclubindia Articles


RBI allows remittances for all permissible purposes to IFSCs under the LRS

Posted by Affluence Advisory 20 July 2024 314 Views

The Reserve Bank of India (RBI) has vide its Circular dated July 10, 2024 allowed remittances for all permissible purposes under the Liberalized Remittance Sche...



What Are Mutual Funds and How to Choose the Right One

Posted by CA Prateek Agarwal 20 July 2024 743 Views

This article explores what mutual funds are and outlines key criteria to consider when choosing the right mutual fund for your financial goals.



Everything about Latest Amendment in DIR 3 KYC

Posted by CS Divesh Goyal 19 July 2024 2050 Views

In this article, the author will discuss the "Latest Amendment in DIR-3 KYC."



Slump Sale - Section 50B of Income Tax Act 1961

Posted by J. D. Shah Associates 19 July 2024 2035 Views

What is a Slump Sale?According to Section 2(42C) of the Income Tax Act, 1961, a ‘slump sale’ refers to the transfer of one or more undertakings as a



GST Implications in Case of Accommodation Service Pursuant to recommendations made in the 53rd GST Council Meeting

Posted by Affluence Advisory 19 July 2024 971 Views

Heading 9963 which also covered Accommodation services has been removed from Sl. No. 12 of Notification no. 12/2017. Also, a new explanation i.e. Explanation 2 is inserted in Sr. No. 12 of the said notification.



Cryptocurrency and Taxes: Reporting Your Gains in the ITR

Posted by CA Prateek Agarwal 19 July 2024 1089 Views

This article outlines how to effectively report your cryptocurrency gains and ensure compliance with tax regulations.



Inside Byju's Financial Meltdown

Posted by CA Pallav Singhania 18 July 2024 378 Views

This article aims to break down the situation in simple terms and explain what it means for everyone involved.



How to Maximize Deductions: A Comprehensive Look at Section 80C and Beyond

Posted by CA Prateek Agarwal 18 July 2024 806 Views

This article provides a comprehensive overview of Section 80C and explores additional avenues for maximizing deductions, helping you optimize your tax strategy....



New Changes in Section 87A Rebate Post-July 2024

Posted by Mitali 17 July 2024 9336 Views

Recent change in ITR utility for rebate u/s 87A has caused confusion and concerns among taxpayers and professionals.



Understanding Form 26AS: A Key Component for Filing Income Tax Returns (ITR)

Posted by CA Prateek Agarwal 17 July 2024 1587 Views

This article delves into what Form 26AS is, its significance, and what taxpayers should know while filing their ITR.




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