CAclubindia Articles

Bird's Eye View on sum payable to micro and medium enterprises disallowed u/s 43B(h) of the IT Act, 1961

CA Anshu Bansal 27 February 2024 at 08:51

Section 43B of the Act provides a list of expenses to be allowed as deduction under the head 'Income from business and profession'. It states some expenses that can be claimed as deduction from the business income only in the year of actual payment and not in the year when the liability to pay such expenses is incurred even if the assessee follows mercantile basis of accounting.

ESOPs vs Sweat Equity - The Need and Differences

Affluence Advisory 27 February 2024 at 08:51

Key Differences between ESOPs and Sweat Equity are mentioned in this article!

GST Refund Process

Sparsh Wadhwa 27 February 2024 at 08:51

So as to claim a GST refund, the taxpayer has to adhere to certain processes, provide the GST authorities with the appropriate documentation, and make any necessary disclosures.

E-Verifying Your Income Tax Return as a NRI Abroad

CA Arun Tiwari 27 February 2024 at 08:51

In this article, we will delve into the process of E-Verifying your income tax return as an NRI, guiding you through the eligibility criteria, methods of verification, and troubleshooting common issues that may arise along the way.

Gross Total Income: How to Calculate It?

Ayush 26 February 2024 at 17:12

Gross Total Income are the total income earned by an individual or entity before subtracting any deductions or taxes. It includes income from various sources such as salary, wages, business income, capital gains, interest, dividends, rental income, and any other sources of income.

How to teach Children about Personal Finance?

CA Umesh Sharma 26 February 2024 at 12:53

This article guides you through the various stages of financial understanding, helping your children to recognize the value of money and how to use it wisely.

Exposure Draft On Insurance Regulatory And Development Authority Of India (Corporate Governance) Regulations, 2024

FCS Deepak Pratap Singh 26 February 2024 at 08:50

As you are aware that "Governance" means system by which an entity is directed, controlled and it is prudent method of decision making, fixing accountability, responsibility and doing business for the benefit of public as well as owners of the entity. "Governance" is a process to run an entity according to laws of nation and in the public interest.

Buying a Property? Hold Up! Let's Talk TDS on Seller's Residency

CA. Bhavik P. Chudasama 24 February 2024 at 17:18

Whether you're buying from a resident Indian or a non-resident Indian (NRI) seller, different TDS rules apply, and navigating them can be tricky.

Check Trademark Name Availability

Aisha 24 February 2024 at 16:44

Trademark is a symbol, word, phrase, or design that distinguishes products from those of others. Trademarks help consumers to identify and choose products they trust.

7th Pay Matrix Table

Shivani 24 February 2024 at 12:06

The Pay Commission established by the Central Government for reviewing and proposing alterations to the salary structure for government employees. The most latest Pay Commission was instituted in 2014, and its recommendations were implemented in 2016.