CAclubindia Articles

Section 16 Tax Deductions Explained: Standard, Entertainment & Prof Tax

28 December 2023 3242 Views

Understand Section 16 deductions: Standard, Entertainment, and Professional Tax. Learn about eligibility, calculations, and limitations for FY 2023-24.

CGST Act 2017: Penalty for Incorrect Invoices

Posted by CA Ruby Bansal 27 December 2023 8046 Views

Understand penalties under Section 122(1)(i) of the CGST Act, 2017 for issuing incorrect or fake invoices. Learn about the Rs. 20,000 penalty and how to respond.

GST SCN Replies: Minimum 30 Days for Taxpayers

Posted by Vivek Jalan 27 December 2023 2380 Views

Discover the crucial 30-day minimum period for responding to GST Show Cause Notices (SCN). Learn your rights and ensure a fair hearing.

TDS Section 195: Software Payments to Non-Residents

Posted by CA Rakesh Ishi 27 December 2023 8572 Views

Understand TDS under Section 195 for payments to non-residents, especially software transactions. Learn implications from the Engineering Analysis Centre case.

Category III AIFs & Mutual Fund Investments: SEBI Guidance

Posted by Affluence Advisory 27 December 2023 583 Views

Discover if Category III AIFs can permanently invest in mutual funds. SEBI clarifies rules for multi-asset portfolios and temporary investments.

How to File ITR Form 5 in India: A Step-by-Step Guide

Posted by Ishita Ramani 27 December 2023 2150 Views

Learn how to file ITR Form 5 in India. Discover the process, required documents, and key steps to ensure accurate and timely submission for individuals, HUFs, and firms.

GST Refund for Higher Input Tax: Your Rights Explained

Posted by Vivek Jalan 27 December 2023 3496 Views

Vendor charged higher GST? Learn if you can claim Input Tax Credit (ITC) or a refund under Section 54(3)(ii) of the CGST Act. Get the facts.

Unnotified GSTR-2 & ITC Reversal: Section 16(4) Analysis

Posted by Ayush 26 December 2023 4641 Views

Understand the impact of unnotified Form GSTR-2 on ITC reversal and Section 16(4) time limits. Learn how court rulings address GST portal issues and belated claims.

Revised GST Returns Possible From 2025

Posted by Shivani 26 December 2023 3998 Views

Discover how taxpayers could soon file revised GST returns from 2025, simplifying compliance and reducing disputes. Learn about the proposed changes and implementation timeline.

Company Secretary as Forensic Auditor: Your Guide

Posted by FCS Deepak Pratap Singh 26 December 2023 1263 Views

Discover how a Company Secretary's skills make them ideal forensic auditors for fraud investigations, legal proceedings, and more. Learn their vital role.