CAclubindia Articles

New Income Tax Regime or Old Regime: What should a Salaried Taxpayer choose?

Abhishek Ranjan Singh 20 July 2020 at 09:42

In the Union budget 2020, the Finance Minister proposed a New Tax Regime as an alternative to the existing Old Tax Regime.

The never ending story of GST transitional credit

Pradeep Jain 18 July 2020 at 14:59

The dispute regarding transitional credit in the GST regime has not resolved even after 3 years of the implementation of GST and God knows when this story would end

Income Tax Savings on Home Loan

Ajay Kumar Maggidi 18 July 2020 at 14:13

Income tax act provides tax benefits to borrowers of home loan with respect to principal repayment, interest payment and registration charges

MSMEs and Role of Professionals in Self Reliant India

Rupal 18 July 2020 at 14:13

MSME sector is the spine of the Indian economic structure and has interminably acted as the bulwark for the Indian economy, providing it buoyancy to fend off global economic shocks and adversities.

XBRL in India - Applicability, Documents, Timeline, Process, Penalty etc.

Narendra Shah 18 July 2020 at 14:12

XBR is a data-rich dialect of XML (Extensible Markup Language), the universally preferred language for transmitting information via the Internet.

Section 44AD of Income Tax Act - Few Technical Aspects

CA Mehul Thakker 18 July 2020 at 12:30

One of the salient features of section 44AD is that the deduction under section 30 to 38 shall be deemed to have been allowed.

What is Nidhi Company?

Niche Compliance 18 July 2020 at 12:28

Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and saving amongst its members

ICAI Cloud Campus- All you need to know

Aishna Kukreja 17 July 2020 at 18:39

The ICAI Cloud Campus is a one-stop-shop for students pursuing, or is interested to pursue the Chartered Accountancy Profession.

Decoding MCA e-form PAS-6 terms

CS Lalit Rajput 17 July 2020 at 15:07

MCA vide General Circular dated 22ndMay, 2019 has come up with Reconciliation of Share Capital Audit Report (Half-yearly)pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 and has issued Companies