CAclubindia Articles

Streamlining Tax Laws: Merging Provisions, Enhancing Officer Accountability and Promoting Ease of Compliance

Vivek Jalan 17 January 2025 at 08:47

Today each Section and Rule of The Income Tax Act is flooded with Provisions and explanations. Then there are circulars as well as notifications, some of which are so old that it is even difficult to find them publicly.

Empowering Charitable Trusts and NGOs Tax, Compliance and Operational Mastery

CA Abhishek Agarwal 17 January 2025 at 08:44

his guide provides a comprehensive roadmap for managing these organizations, covering formation and registration (Trusts, Societies, or Section 8 Companies), taxation frameworks (exemptions under Sections 11, 12, and 80G), compliance and reporting

Essential Insights into Streamlining Barcode Registration for Enhanced Product Tracking and Global Recognition

Rahul Saini 17 January 2025 at 08:44

This article serves as a thorough guide to the significance of Barcode Registration, detailing its procedure and the ways it can change businesses.

GST Department using 26AS, AIS & ITR for Verifying Income Tax Data

Ayush 16 January 2025 at 15:41

The GST department is actively monitoring taxpayers income using Form 26AS, AIS, and IT Returns to detect tax evasion which shows a coordinated effort between the GST and Income Tax departments.

Union Budget 2025 Expectations: Economic and Tax Trends

Sahil Jaiswal 16 January 2025 at 10:40

As the Union Budget 2025 approaches, several key expectations have emerged across various sectors

GST registration to be cancelled retrospectively? What to reply?

CA Aman Rajput 16 January 2025 at 08:42

The issue regarding ITC, which is claimed on invoices received from the suppliers whose GST registration was retrospectively cancelled, is an important matter that is in question in GST compliance, as indirectly it is attracting double taxation along with interest or penal consequences.