CAclubindia Articles

FAQs on the Applicability of Tax Audit under the Income Tax Act, 1961

CA Prabhakar Gupta 08 November 2025 at 06:53

Understand everything about Tax Audit under Section 44AB of the Income Tax Act, 1961, from applicability limits and exemptions to penalties for non-compliance.

Common Mistakes to Avoid When Using a Virtual Office for GST Registration

LaxmiKant Palla 08 November 2025 at 06:31

Setting up a virtual office for GST registration can save cost and add credibility to your business but mistakes in address, documents, or provider choice can lead to rejection or penalties.

Picture abhi baaki hai, Mere Dost: The journey of rising again - Part 2

Raj Jaggi 07 November 2025 at 09:45

In this inspiring Part II of CA Raj Jaggi's series for CA students, the focus shifts from motivation to method - guiding students on how to plan studies effectively, build focus, apply the 50:10 formula and treat books as companions rather than burdens.

Why Form 16 Alone Isn't Enough While Filing Your ITR

AISHWARYA PAWAR 07 November 2025 at 06:33

Form 16 helps salaried individuals file their ITR, but it doesn’t show your complete income picture. Learn what Form 16 includes, what it misses, and why cross-checking with Form 26AS, AIS, and bank records is crucial for accurate tax filing.

SC Ruling: ITC Cannot Be Denied When Seller's Registration Is Cancelled After Sale

CA.Sangam Aggarwal 07 November 2025 at 06:33

The Supreme Court in Commissioner of Trade and Tax, Delhi v. M/s Shanti Kiran India (P) Ltd. (2025) upheld that bona fide purchasers cannot be denied Input Tax Credit (ITC) under the DVAT Act merely because the selling dealer failed to deposit tax.

Simple Ways to Find Your PF Number: Complete Guide for Employees

Poojitha Raam Vinay 06 November 2025 at 13:57

Know how to find PF account through the UAN Portal, UMANG App, Salary Slip, via SMS or Missed Call with step by step.

ODI under the Automatic Route vs Approval Route - Practical Insights

Affluence Advisory 06 November 2025 at 06:47

Explore how the RBI's New Overseas Investment Regime simplifies outbound investments through the Automatic Route while tightening post-investment compliance.

Complete Guide to the New GST Registration Process under Rule 14A

CA Varun Gupta 06 November 2025 at 06:47

The new Rule 14A under GST simplifies registration for taxpayers. This guide covers eligibility, documentation, application steps and the latest CBIC notification for smooth GST registration.

No-Income Period Expenses: Can You Claim Deductions Under Section 37(1) or 34(1)?

Vivek Jalan 06 November 2025 at 06:46

Explore whether expenses incurred during a no-income period are allowable under Section 37(1) of the Income Tax Act, 1961 or Section 34(1) of ITA, 2025, and understand how unabsorbed depreciation is treated under Sections 32(2) and 33(11).

Picture abhi baaki hai, Mere Dost: Lessons beyond the CA Sept 2025 Exam Results - Part 1

Raj Jaggi 05 November 2025 at 14:36

The ICAI has declared the CA Intermediate and Final Results for Sept 2025 exams on Nov 3, 2025. While many celebrate their success, others face disappointment. In this inspiring article, CA Raj Jaggi shares powerful lessons from "12th Fail", urging students to see failure as an interval, not the end and to rebuild with discipline, health and faith in the ICAI Study Material.