CAclubindia Articles

Declaration of no PE in India and Form No. 10F

Posted by Mitali 12 September 2023 47560 Views

No PE Declaration is a certificate provided by a non-resident who earns income from India, such as interest, fees for technical services, or business income.

How to Register on TDS TRACES Website

Posted by Shivani 12 September 2023 4394 Views

TRACES (TDS Reconciliation Analysis and Correction Enabling System) is an online platform in used for the reconciliation of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) statements filed by deductors or collectors with the income tax department.

Comprehensive Guide to Annual Filing Forms AOC-4 and MGT-7

Posted by Affluence Advisory 12 September 2023 5081 Views

We have made an attempt to provide information cum clarification on Forms AOC-4 & MGT-7 for reporting the Financial Statements and Annual Return, respectively, as the Annual Filing is soon approaching.

Top Invoicing Tips for Freelancers and Independent Contractors

Posted by Niyati 12 September 2023 1388 Views

Freelancing and independent contracting have become increasingly popular in recent years, offering individuals the freedom to choose their projects, set their schedules, and work from virtually anywhere.

An agreement for loan has to be accepted by AO unless proved fraudulent

Posted by Vivek Jalan 12 September 2023 2084 Views

Vide Finance Act, 2012, it was provided that the nature and source of any sum, in the nature of share application money, share capital, share premium or any such amount by whatever name called, credited in the books of a closely held company shall be treated as explained only if the source of funds is also explained in the hands of the shareholder

Roles of Directors & Shareholders in GST Cancellation

Posted by Ishita Ramani 12 September 2023 1959 Views

This article examines the idea of GST cancellation and explores the duties that directors and shareholders have in this situation.

Income Tax Department Sends Notices to 22,000 Taxpayers Over Deduction Discrepancies

Posted by Rashmi 12 September 2023 2315 Views

The Income Tax Department (ITD) has recently sent out notifications to around 22,000 taxpayers, including salaried individuals, high-net-worth individuals, trusts, and Hindu Undivided Families (HUFs).

Beware of Cash Transaction under Income Tax Act

Posted by CA Umesh Sharma 12 September 2023 12973 Views

Some important provisions under Income Tax Act relating to cash transactions

How Bitcoin Reshaped El Salvador's Economy

Posted by CA Ruby Bansal 11 September 2023 909 Views

Few nations on Earth have experienced the sort of economic and social change El Salvador has in the last decade. Widely regarded as one of the most dangerous Central American countries, it was essentially a no-go for any foreigners and had a chronic and systemic gang problem.