CAclubindia Articles

Tax Planning while setting up of a business with reference to nature of business

CMA SIVAKUMAR A,ACMA. 25 March 2023 at 15:32

Tax Planning while setting up of a business with reference to the Nature of business related with AY 2021-2022, AY 2022-2023 and AY 2023-2024. An analysis of Eight important Deductions as per the Income Tax Act.

Understanding Finance Amendment Bill 2023 for Taxpayer

CA. Heet Shah 25 March 2023 at 13:09

On March 24th, 2023, the Finance Amendment Bill was passed by the government. This bill is aimed at making changes to the existing financial laws in order to bring in more transparency and accountability, and to facilitate ease of doing business. The bill has been lauded by experts and industry leaders for its many benefits, which we will discuss in this article.

Amendments w.r.t. GST in the Finance Bill, 2023 passed by Lok Sabha

Bimal Jain 25 March 2023 at 11:42

Amendments w.r.t. GST in the Finance Bill, 2023 passed by Lok Sabha

Taxability of life insurance policies not eligible for exemption u/s 10(10D)

Geetanjali Pandey 25 March 2023 at 10:42

Sec 10(10D) provide exemption with respect to any sum received under a life insurance policy, including the sum allocated by way of bonus on such policy, where premium payable for any of the year during the tenure of the policy

Additional affirmations by Practicing Company Secretaries (PCS) in Annual Secretarial Compliance Report (ASCR)

Affluence Advisory 25 March 2023 at 09:08

As per Regulation 24A of SEBI (LODR) Regulation,2015 the Annual Secretarial Compliance report is applicable to all listed entities. This report is to be submitted by the listed entities to the stock exchange(s) within sixty days from end of the financial year.

Forensic Audit of ABC Automobiles Private Limited on Receivables

CA Praveen Bisht 25 March 2023 at 09:08

I have given an attempt to draft a Forensic Audit Report with every care to ensure accuracy.

FY 2022-2023 Year End: GST Checkpoints

CA Akshay Hiregange 24 March 2023 at 15:31

In this article, the author has highlighted 50+ GST checkpoints that one may consider for the financial year end, i.e. March 2023 as a safeguard.

TDS Rate Chart for FY 2023-24

Mitali 24 March 2023 at 14:03

TDS is applicable to various types of payments such as salaries, interest, rent, commission, professional fees, etc. The rate of TDS varies depending on the type of payment and the status of the recipient.