CAclubindia Articles

File Your ITR Before 15th September and Avoid Financial Vighnas!

CA Umesh Sharma 02 September 2025 at 08:34

Learn from the dialogue of Arjuna and Krishna how timely filing of Income Tax Returns before the extended due date of 15th September 2025 can help taxpayers avoid penalties, missed deductions and financial obstacles.

Are You Ready for September 2025 Shake-up? The Silent Revolution in Daily Finances

Mitali 01 September 2025 at 12:49

SBI credit card, LPG prices, FD rates, NPS, UPS, Aadhaar update & more - check the major rule changes from 1 September 2025.

Taxability of Futures and Options (F&O) Transactions under the Income Tax Act, 1961

CA Ravi Chauhan 01 September 2025 at 10:20

Comprehensive guide on tax treatment of Futures & Options (F&O) under the Income Tax Act, 1961 for FY 2024-25 (AY 2025-26). Covers classification, taxation of profits and losses, turnover calculation, tax audit applicability, presumptive taxation, ITR reporting, and deductible expenses as per ICAI Guidance Note (Revised 2025).

Ind AS 7 Amendment 2025: Key Changes in Statement of Cash Flow under Companies Rules

Rahul Agarwal 01 September 2025 at 08:37

Understand the new disclosure requirements for Supplier Finance Arrangements (Paragraphs 44F–44H) effective from April 1, 2025. Learn how companies must report terms, liabilities, and liquidity risks under supply chain finance, payable finance, or reverse factoring arrangements.

Setting Life Goals vis-a-vis CA, CS and CMA examinations

CA CMA CS Ram Pavan Kumar Melam 01 September 2025 at 08:31

Discover the power of setting clear life goals with inspiring stories of Michael Phelps and J.K. Rowling, practical checklists, and proven strategies. Learn how clarity, purpose, and consistent action can transform your journey into lasting success.

Different Types of NBFC Registrations & Its Purposes

Affluence Advisory 01 September 2025 at 08:30

This article elaborates on these types of NBFC registrations and the purpose behind each category, highlighting why such nuanced categorization strengthens financial stability, protects consumers, and drives economic growth.

Treatment of Minor's Income and TDS Deduction: Clubbing Provisions, Refund Claims, and Demand Resolution under the Income Tax Act

CA Varun Gupta 30 August 2025 at 08:40

Learn how to handle TDS deducted in a minor’s PAN, clubbing of minor’s income under Section 64(1A), refund claims, rectification process, and compliance under the Income-tax Act, 1961.

Tax Filing 2025: Old vs New Regime - Key Deductions You Can Still Claim Under Both

LegalDev 30 August 2025 at 08:32

Discover key deductions available under both old and new tax regimes, including standard deduction, employer contributions, gratuity, and family pension. Compare regimes to save more on taxes in FY 2024-25.

The Limits of Demand Orders Under GST: Why Adjudicating Authorities Cannot Exceed the Show Cause Notice

Abhishek Raja 29 August 2025 at 08:34

Under GST, tax demand orders cannot exceed the amount proposed in the SCN. Section 75(7) of the CGST Act and landmark High Court rulings reinforce this safeguard, protecting taxpayers from arbitrary or inflated demands.

Income Tax Filing 2025: New Business Codes for Intraday, F&O and Delivery-Based Trading

CA Varun Gupta 29 August 2025 at 08:26

Learn about the new Income Tax business codes for share trading - 21009 (Intraday), 21010 (F&O) and 21011 (Delivery-Based). Understand speculative vs non-speculative income, Section 44AD applicability, ITR-3 vs ITR-4 usage, audit rules under Section 44AB and loss carry-forward provisions for traders.