CAclubindia Articles

AI in Compliance: Busting Myths and Unlocking Opportunities for CAs

Shobhit Jain 20 August 2025 at 08:31

Discover how AI is reshaping compliance in India from tax laws to ESG reporting and why Chartered Accountants must lead this transformation.

87A Rebate Restored on Share Market Capital Gains: ITAT Ahmedabad's Historic Ruling

Mitali 19 August 2025 at 17:45

Learn about the recent ITAT Ahmedabad judgment allowing Section 87A rebate on STCG/LTCG up to AY 2025-26, the legal implications, refund eligibility and tax tips for share market investors.

FEMA Accounts in India: Eligibility, Tax Rules & Repatriation for NRIs & PIOs

Affluence Advisory 19 August 2025 at 08:42

Confused between NRE, NRO, FCNR(B), SNRR & RFC accounts? Explore FEMA-compliant options for NRIs, PIOs, and returning residents with tax implications.

Do Banks Violate RBI Rules by Redeeming Fixed Deposits on Holidays?

Shivaprasad Laxman Chhatre 19 August 2025 at 08:35

Are banks bypassing RBI guidelines by redeeming FDs on holidays without holiday interest? Understand the issue, legal position and depositor rights.

Sections 153A & 153C of the Income Tax Act: Incriminating Material, Judicial Rulings & Assessment Scope

Vivek Jalan 19 August 2025 at 08:30

Explore key differences between Sections 153A & 153C of the Income Tax Act, definition of incriminating material, and major Supreme Court rulings.

Get ready for Proposed GST Changes

CA Umesh Sharma 19 August 2025 at 08:27

India plans GST reforms by Oct 2025, merging slabs into 5% & 18%, lowering taxes on essentials & luxury goods to ease living and boost consumption.

ITR Filing Deadline 2025: Calls for Further Extension

Poojitha Raam Vinay 18 August 2025 at 14:45

Income Tax Return filing for non-audit taxpayers has been extended to September 15, 2025. Learn why the deadline was shifted, pending issues with ITR forms, and calls for further extension.

Filed Under 44AD Instead of 44ADA and Claimed Full Refund: Now Facing Audit and Penalties

Mitali 18 August 2025 at 13:26

ITR filing under Section 44AD for professional income deducted under Section 194J may lead to audits, heavy penalties, and refund reversal.

Small STCL Rs 2,000 That Turned Into a Penalty of 60% Tax Nightmare!

Shivani 18 August 2025 at 12:29

File ITR correctly as small share losses can invite 60% Tax & Penalties. Avoid costly mistakes. Know what went wrong in this case!

The Productivity Boost of Soft Music for Chartered Accountants

Raj Jaggi 18 August 2025 at 08:58

Discover how soft music can help Chartered Accountants manage stress, improve sleep, boost concentration, and enhance productivity. Learn practical tips and explore soothing music options for better well-being and work-life balance.