CAclubindia Articles

Section 50D of the Income Tax Act - An Analysis

FCS Deepak Pratap Singh 12 April 2021 at 09:49

The main purpose of the introduction of Section 50D is to check and prohibit freebies distributed by large business corporations to unrelated or strangers to avoid payment of tax.

Still I Rise - My Journey of Becoming a Chartered Accountant

Rida Tarannum 11 April 2021 at 12:18

The author, in this article, has penned down his journey from being one of the most misfit students in school to becoming a Chartered Accountant.

GST e-invoice: How to ensure that the invoices printed out of the ERP systems are not printed without IRN?

Harshit Dheer 11 April 2021 at 12:18

This article deals with the automated solution for handling a scenario where an invoice is generated without IRN and provides an end to end solution under the e-invoice regime.

Payment of Tax by Taxpayers under QRMP Scheme, for March, 2021

Rohit Kumar Singh 11 April 2021 at 12:17

All taxpayers having aggregate turnover up to Rs 5 crores, under QRMP Scheme (w.e.f. 01.01.2021 onwards), are required to furnish return on quarterly basis, along with payment of tax on monthly basis.

Manpower Management

CA Anurag Sharma 11 April 2021 at 12:17

They say there is unemployment, my point is most people are not willing to work. When you start a new venture, you need to build a team around you. Training a new candidate is one of the toughest things.

10 Must Have PC Software for Professionals - Part II

Ranjeet Singh 11 April 2021 at 12:17

Discussing 10 useful application software for your workplace, either you are in job or in practice. Most of these software are third party applications, few of them are free of cost and some can be installed on a trial period basis.

Auto Fill IT Revised Form 16 for the FY 2020-21 u/s 115 BAC with interest income for senior citizens

Pranab Banerjee 11 April 2021 at 12:17

Senior citizens earning interest income from FDs, savings accounts and recurring deposits can get income tax exemption up to Rs 50,000 per annum under section 80TTB. This is through the amendment of the Finance Act 2018.

Section 80CCD - Deduction for National Pension Scheme

Sahil Dhingra 11 April 2021 at 12:17

The article deals with Section 80CCD - a deduction in respect of contribution to the pension scheme of Central Government, through which tax compliance burden of taxpayers can be reduced.

How to Apply for Redressal of Grievances on traces website for deductees

Aruhi 11 April 2021 at 12:16

Taxpayer/Deductee can raise online grievance through 'Request for Resolution' option available at TRACES website from Assessment Year 2013-14 onwards. This is the online module of raising request which can also be tracked by Deductee / Taxpayer at TRACES website.