CAclubindia Articles

Can GAAR override DTAA?

Mayank Mohanka 04 March 2022 at 08:39

In this article, I am making an honest and sincere attempt to find a plausible, logical and well-reasoned answer to this complicated question, analysing the applicable provisions of the Constitution of India, the Income Tax Act, 1961

Introduction of E-Bill system in government departments

CA Puja Sharma 04 March 2022 at 08:39

In the budget 2022, the Finance Minister announced a new concept of the E-Bill processing system to be implemented in the government departments. The goal is to bring more transparency, efficiency, and end-to-end digitization to the government payment system.

Why only completed journeys are appreciated?

isha pandey 04 March 2022 at 08:39

Not that the world will appreciate the same efforts but atleast we can bring the change and start appreciating the actual efforts rather than preaching a degree where majority of students leave at some point of time.

Reversal of input tax credit - Real estate sector

FCS Deepak Pratap Singh 03 March 2022 at 12:35

As you are aware that implementation of Goods and Services Ac,2017(GST) is one of the most important act of this NDA Government. Through implementation of GST the concept "One Tax one Nation" has been fulfilled and the tax system of India has been totally overhauled.

Difference between Fiscal Year and Assessment Year

Suhani Ahuja 03 March 2022 at 09:22

The end of the Fiscal year is approaching, and with it, the last day for filing your Income Tax Returns (ITR). But what exactly is a Fiscal Year?

Tax Implications on Gifting of Shares

Poojitha Raam Vinay 03 March 2022 at 09:22

The word transfer means a delivery of property, especially stocks and shares, from one person to another.

Can more than one show cause notice be issued for same period in GST?

Abhishek Raja 02 March 2022 at 13:05

No SCN can be issued for subsequent period, when notice and adjudication order for previous period quashed by Court or Tribunal. But if something has been missed then second Show Cause Notice could be issued and Department has right to demand tax which has escaped assessment.

Is gift deed need to be registered?

Ashok Pitroda 02 March 2022 at 09:00

A very common and frequent question running in the mind of taxpayers is the gift deed needs to be registered. In this part, you can gain knowledge about various provisions relating to the registration of gift deed.

Psychology behind the Interviews

CA Aayushi Gupta 02 March 2022 at 09:00

The questions of mind like what the interviewer will ask, what will I speak, and how should I present myself never let me sleep peacefully before the interview day. Moreover, our mind in this situation overthinks and decide the future outcomes. Before the interviewer judges us, we tend to fall in process of judging and reject ourselves more.

Statutory and Tax Compliance Calendar - March 2022

CA. Mohit Kumar 01 March 2022 at 16:40

This Article contains compliance requirement under various statutory Act for which due date falls in the month of March 2022. The due dates are very crucial for compliances of the statutory provision under various act in order to avoid penalty, interest or late fee.