Easy Office

CAclubindia Articles


Unveiling the Potential to Profit with GenAI: Embracing AI's Future

  Sundaran.D    15 April 2024 at 08:43

This article explores the potential of GenAI and its implications for businesses looking to thrive in the digital age.



Understanding the Impact of Unspecified Details in a Show Cause Notice

  Abhishek Raja    13 April 2024 at 06:49

A Show Cause Notice is a significant instrument in maintaining due process within organizations, courts, and various administrative actions. It serves as a formal communication requiring an individual to explain or justify their actions or conduct, which is allegedly in violation of company rules or codes of conduct.



How to Navigate Modified ITR for Business Reorganization: A Guide Until June 30, 2024

  VIVEK JALAN    13 April 2024 at 06:38

Modified ITR for Business Reorganization from June 2016 to March 2022 possible until June 30, 2024. Taxpayer to communicate to Jurisdictional Assessing Officer (JAO) by 30th April 2024.



Unveiling India's Real Estate Appeal: Simplified Taxes and Indexation Benefits for NRIs

  CA Arun Tiwari    13 April 2024 at 06:38

This article delves into the reasons behind NRIs' interest in India's real estate, focusing on simplified taxes and indexation benefits.



GST Advisory on Re-filing GSTR-3B

  CA Anoop Kumar Sharma    12 April 2024 at 17:08

The Goods and Services Tax (GST) Department has recently sent out an advisory to specific GST taxpayers about the first chance given to correct errors in their previously filed GSTR-3B forms. This facility was provided due to discrepancies found between the data stored in the GST system and the data that was actually submitted regarding ITC claims, tax payments, etc.



For Tax Filing - Analyze the Old & New Tax Regime

  Affluence Advisory    12 April 2024 at 08:36

Lately, a lot of confusion has sparked on various internet platforms regarding the tax changes for the financial year (FY) 2024-25. However, the Ministry of Finance has put that to rest by putting out a clarification vide its Twitter handle that there are no changes on the tax rates as on 01.04.2024.



Importance of Decision-Making information in SMEs: Harnessing the Power of Data-Driven Decision-Making

  Sundaran.D    12 April 2024 at 08:36

In a dynamic and increasingly globalized business world, unforgiving small and medium-sized enterprises (SMEs) are constantly dealing with many problems. challenges that hinder their growth and sustainability. Every decision in the operation of small and medium-sized enterprises, which limits the use of fierce competition, can affect their development.



Why Natural Gas Should Come Under GST Regime

  Mitali    11 April 2024 at 12:31

Sandeep Kumar Gupta, the chairman of GAIL, suggests that the government should promote the use of natural gas and reduce emissions in various industries. He also proposes bringing natural gas under the GST regime and extending production-linked incentives to LNG-powered vehicles.



Issues Pertaining to HRA claims

  Khush Trivedi    11 April 2024 at 11:03

The Ministry of Finance recently issued a clarification regarding media reports suggesting a special drive by the Central Board of Direct Taxes (CBDT) to reopen cases linked to House Rent Allowance (HRA) claims. These reports, according to the Ministry, are not grounded in reality, and there is no substantial evidence to support claims of a large-scale reopening of cases.



Does the Onus for Non-Compliance with Compliances rest solely with the Company Secretary?

  CS Divesh Goyal    11 April 2024 at 09:58

In this case law, the Regional Director has entirely focused on the Company Secretary and stated that the Company Secretary is solely responsible for the Company's Secretarial Standards and Compliances. Read the editorial till end.