CAclubindia Articles

Understanding Impact of New TCS Rule on Educational Expenses for Students Studying Abroad

Rashmi 08 June 2023 at 09:10

In this article, we will delve into the details of how the new TCS rule will impact students who are currently studying in foreign universities or schools, as well as those who are planning to study abroad soon.

Provisions relating to Transfer of Shares of Listed and unlisted companies

Affluence Advisory 08 June 2023 at 09:10

Process for transfer of shares of Public Company in demat form

Benefits of filing Income tax return (ITR) on time

Divyanshu Sharma 07 June 2023 at 15:54

Listing some of the benefits of filing an Income tax return on time

GST Registration for OIDAR Services

Ishita Ramani 07 June 2023 at 14:17

The term OIDAR services, which stands for Online Information and Database Access or Retrieval services, pertains to services provided through the internet or electronic networks with minimal human involvement.

General Penalty u/s 125 of CGST Act

Abhishek Raja 07 June 2023 at 08:56

Section 126 of the CGST Act lays down certain guiding principles that must be followed while imposing penalties under the GST regime. These principles ensure that the penalties are imposed fairly, objectively, and in a proportionate manner.

A Comprehensive Guide to Claiming HRA Tax Exemption: Essential Aspects of Your Rent Agreement

Rashmi 07 June 2023 at 08:56

Salaried individuals can avail tax exemption on house rent allowance (HRA) if they live in a rented house, pay rent, and possess the necessary valid documents. However, many people are unaware that their rent agreements should include specific clauses to ensure that their HRA tax exemption, claimed during income tax return (ITR) filing, is not rejected by the income tax department.