CAclubindia Articles

General View on New Tax Regime

Nikita Agarwal 29 July 2023 at 09:10

"New Tax Regime" or "Optional Tax Regime," was introduced as part of the Union Budget 2020-21. This regime aims to simplify the income tax structure and provide taxpayers with an alternative tax computation method.

Income tax loss Set-Off and Carry Forward provisions

Amul Jain 29 July 2023 at 09:10

In the ancient land of India, renowned warrior Arjuna found himself perplexed by the complexities of income tax laws.

Whether a person can Surrender DIN - After Strike off of Company

CS Divesh Goyal 28 July 2023 at 14:37

In this article, the author shall discuss a very important question raised by the directors: whether they can surrender their DIN after striking off their Company.

Filing Income Tax Returns: Understanding Deadlines and Penalties in India

Rashmi 28 July 2023 at 14:13

In this article, we will discuss the changes in penalties for missing the ITR filing deadline and understand the implications for taxpayers based on their income levels.

Decoding Taxation on Virtual Digital Assets

Poojitha Raam Vinay 28 July 2023 at 09:43

Virtual Digital Assets (VDAs) refers to any information, code, number, or token in Foreign Currency generated through cryptographic means or otherwise and can b..

General Guidance on Professional Tax

Nikita Agarwal 28 July 2023 at 09:06

Professional Tax is a state-level tax imposed by various state governments in India. It is levied on income earned by individuals from professions, trades, callings, or employment.

Impact Analysis of Rate Notifications issued post 50th GST Council Rate Decisions

Vivek Jalan 28 July 2023 at 09:06

Analysis of Rate Notifications issued post 50th GST Council Rate Decisions

Cash Deposit Rules: Income Tax imposes a penalty of 60% on such transactions

Gautam Bharthry 28 July 2023 at 09:06

Cash and Deposit Rules of Bank In India, the rules regarding cash deposit and withdrawal are very strict. If you also frequently deposit and withdraw cash in the bank, then you should know these rules.

Benefits of Part Time CFO or Finance Manager for your Business growth

Heena Sheikh 27 July 2023 at 15:47

Is your organization looking for services of an experienced and qualified CFO or Finance Manager and do not want to incur high cost related to recruiting and employing the same?

Tax implications on unlisted shares to both investors and the company

Nikita Agarwal 27 July 2023 at 08:58

Investing in unlisted shares in India can have various tax implications, both at the time of acquisition and when selling or transferring these shares. U