CAclubindia Articles

A Guide to Exemptions and Deductions Under Old Tax Regime for FY 2023-24 with Automated Form 16 Generation for 50 Employees

Pranab Banerjee 13 December 2023 at 08:55

Exemptions and Deductions Available Under Old Tax Regime FY 2023-24 With Automatic Income Tax Master of Form 16 which can prepare at a time 50 Employee's Form 16 for the FY 2023-24

Role of Compensatory Penalties in Business Regulation and the Pitfalls of Punitive Measures

Vivek Jalan 12 December 2023 at 14:33

Penalty is allowed if it is compensatory and teaches the assessee how to run its business in future. It is disallowed if it is a punishment for intentional violation of a law

Zyfin Research Secures Landmark CENVAT Credit Refund: A Detailed Breakdown

CA Kunal Jain 12 December 2023 at 09:05

Zyfin Research Pvt. Ltd., a leading research and data support provider, triumphs in its battle for the refund of accumulated CENVAT credit.

Income Tax Preparation Software in Excel for Non-Government Employees for FY 2023-24

Pranab Banerjee 12 December 2023 at 09:05

This article explores the realm of income tax preparation software in Excel, offering insights into its benefits, features, and a step-by-step guide for the fiscal year 2023-24.

From Cash to Commodities: The Evolution of 'Goods' in GST Legislation and Courtroom Battles

CA Yash Shah 11 December 2023 at 16:41

This article will ponder upon the different views of the Court's decisions which would not only clarify the definition of 'goods' under the GST Act but also underscore the necessity for goods to be liable for confiscation under the law.

Why banks stopped issuing standalone ATM cards?

Shivaprasad Laxman Chhatre 11 December 2023 at 16:27

Banks will not easily give up this debit card stream of revenue generation unless the RBI comes with an iron hand. Such ATM cards will be useful mainly to the senior citizen class, risk-averse and/or less technology savvy class of the bank customers.

Does It Make Sense To Use Cryptocurrency In Business?

CA Ruby Bansal 11 December 2023 at 14:57

If you regularly make payments and need a reliable Ukrainian tool to track price dynamics for money exchange - Rates are what you need.

Unveiling the 15K Crore GST Fraud: A Deep Dive into the ITC Scam

CA. Bhavik P. Chudasama 11 December 2023 at 14:43

Before we dig deeper into how these unscrupulous people avail the wrongful benefit of the Input Tax Credit claim and cheat the government, we need to understand the Goods and Services Tax (GST) structure and how it works.

Unlocking the Road: How Two-Wheeler Loans Power Your Journey

Shree 11 December 2023 at 14:36

This write-up will delve into the world of two-wheeler loans and understand their significance. We will also learn how a bike loan calculator can assist you in making informed decisions.