CAclubindia Articles

Changes under the Income Tax Law proposed in Budget 2022!!

Bimal Jain 02 February 2022 at 10:56

The provisions of Finance Bill, 2022, relating to direct taxes seek to amend the Incometax Act, 1961 ('theIncometax Act'), to continue reforms in direct tax system through tax-incentives, removing difficulties faced by taxpayers

Section 194R: TDS on benefit or perquisite of a business or profession

Shree 02 February 2022 at 10:35

1. As per clause (iv) of section 28 of the Act, the value of any benefit or perquisite, whether convertible into money or not, arising from business or exercise..

Deduction under Sec 80CCD increased to 14% for state govt. employees

Mita Basak 02 February 2022 at 10:24

Incentives to National Pension System (NPS) subscribers for state government employees

A Quick And Easy Buyer's Guide For Health Insurance Plans

Shree 02 February 2022 at 08:49

In this article, we will address some important points to help you understand how to navigate the world of health insurance plans with confidence and choose the policy that suits your needs.

Determination of Annual Value under House Property

CA Gyati Gupta 02 February 2022 at 08:42

The author has tried to cover few aspects related to "Determination of Annual Value" in this article related to the Incomes assessed under "House Property"

Can GST officers directly visit your premises to collect GST without notice?

Abhishek Raja 02 February 2022 at 08:42

After reading such news items what I understood was that from 1st January 2022, the GST officers can initiate recovery proceedings without any show-cause notice against taxpayers who under-report sales in GSTR-3B compared to GSTR-1.

Compliance Calendar for the month of February 2022

Ishita Ramani 02 February 2022 at 08:42

Here is a calendar for various tax and Statutory due dates relating to ROC filing, OPC Annual Filing, GST Return Filing, and Income Tax Filing.

SC: Unless insured is duly informed, exclusionary clauses not applicable

FCS Deepak Pratap Singh 02 February 2022 at 08:42

Supreme Court of India on Insurance Claim: Unless insured is duly informed, exclusionary clauses not applicable.

Axe on your tax- Is this Aam Aadmi's Budget?

Aarti Maurya 01 February 2022 at 22:20

Finance Minister tabled union budget on 1st feb for Fiscal year 2022-2023 in just approx. 9000 words making it shortest budget speech.

Budget 2022: Rationalisation of the provision of Charitable Trust and Institutions

Suhasini 01 February 2022 at 22:11

Income of any fund or institution or trust or any university or other educational institution or any hospital or other medical institution referred to in sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10 or any trust or institution registered u/s 12AA