CAclubindia Articles

MVAT Audit Report in Form e-704

Ishita Ramani 13 October 2023 at 09:09

In this article, we'll go into detail about the new VAT Audit Form 704, including its deadline, important clauses, and the significance of the audit report under MVAT.

ITR requirement for loan purpose

Sparsh Wadhwa 13 October 2023 at 09:09

Income Tax Return (ITR) is an important document that reflects an individual's income, taxes paid, and other financial information. Many banks and financial institutions require ITR documents to process and approve loans.

Section 192: TDS on Salary

Mitali 12 October 2023 at 17:02

In accordance with Section 192 of the Income Tax Act, 1961, employers are required to deduct TDS (Tax Deducted at Source) from the salary income of employees.

TDS on Rent u/s 194I, 194IB and 194IC

Mitali 12 October 2023 at 13:27

TDS (Tax Deducted at Source) on rent refers to the deduction of a certain percentage of tax by the tenant before making a rental payment to the landlord. The tenant deducts TDS and deposits it with the government. This ensures that the government receives tax revenue on rental income and prevents tax evasion.

Changes and Compliances in GSTR 9 & 9C for FY 2022-23

CA Akshay Hiregange 12 October 2023 at 12:37

The department has started issuing notices and requesting for information by comparing data disclosed in GSTR 9/9C Vs GSTR 3B.

RBI with powers allocated under section 35A

Jatin Pal 12 October 2023 at 10:34

Section 35A of Banking Regulation Act, 1949 gives power to RBI to give directions to Banking Companies or Banking Company, as the case may be. The Banking compa..

Maximising Returns with AU Small Finance Bank FD Rates

Shivani 12 October 2023 at 09:15

In the world of investments, Fixed Deposits (FDs) have long been cherished for their stability, safety, and reliable returns. AU Small Finance Bank, a dynamic a..

Forensic & Accounting Investigation Standards - Expansive by Design?

Chetan Lunkar 12 October 2023 at 08:45

The Forensic Accounting and Investigation Standards ("FAIS") issued by the Institute of Chartered Accountants of India ("ICAI") is a salient endeavour as amalgamating a multitude of complex and divergent topics is a formidable task

FAQs: View and Submit Income Tax Compliance

CA Ruby Bansal 11 October 2023 at 16:15

View and Submit Income Tax Compliance

Do You Want To Prepay Your Personal Loan Amount? Calculate Monthly EMI

Shree 11 October 2023 at 15:51

The excitement of getting approved for a personal loan is unparalleled, especially when it aids in fulfilling a significant financial goal. But what if circumst..