CAclubindia Articles
Old Course was a Cake Walk, New Course was a Steep Mountain - Nov 2020 CA Final Audit Paper Analysis
In the old course hardly 19% of questions were new, and students could answer them reasonably well. However, the new course paper had almost 33% new and they were of a medium level.
Cashless Transactions - Evolution, Advantages, Impact and Measures by the Government
Cash to the economy is like what blood is to the human body. The government can introduce various ways to restrict its usage, but it cannot pull it out of the system.
How is Input Tax Credit (ITC) utilized?
Input Tax Credit is credit available to a person registered under GST on payment of Input Tax. In this article, we will understand the manner to utilize ITC available under various heads of GST.
Important announcement from the Income Tax Department regarding your 26AS form
IMPORTANT ANNOUNCEMENT REGARDING FORM 26ASWHAT IS FORM 26AS?Form 26AS statement is a summary of all the tax paid, TDS, TCS, Advance tax paid during the financia...
How Chartered Accountants can help businesses get through a financial crisis
With the COVID-19 outbreak and the nation-wide lockdown, the last few weeks have proven to be a challenging time for businesses who depend on day-to-day cash transactions. Restricted cash flows have made it difficult for them to make timely payments to their employees and suppliers/vendors.
Income Tax Search and Seizure Assessments - No universal application of the "extrapolation technique" in Search Assessments
In this article, we discuss the extrapolation technique in the Income Tax Search and Seizure Assessments and how there is no universal application regarding it....
Frequently Asked Questions on GST E-Invoice/IRN System
A notified class of registered persons have to prepare an invoice by uploading specified particulars of invoice (in FORM GST INV-01) on Invoice Registration Portal (IRP) and obtain an Invoice Reference Number (IRN).
Sec 194-O: TDS by e-Commerce operator
U/s 194-O w.e.f from 1st Oct 2020, an e-Commerce operator is required to deduct TDS for facilitating any sale of goods or providing services through an e-Commerce participant,
Tax Benefits of 3 Common Loans in India
Loans not only serve as an ideal option to arrange for funds in times of financial need, but may also have some tax benefits associated with them. In the following sections we will discuss how you can save tax when repaying 3 most common loans availed in India - home loan, personal loan taken for the purpose home renovation and education loan.
Popular Articles
- Senior Citizen Saving Scheme From 1 July 2026 with 5 New Rules
- Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples
- TDS on Cash Withdrawals 2026: Excess vs. Entire Amount
- Input Tax Credit Under GST: The One Provision Where a Buyer Pays for a Supplier's Default
- New Interest Rates on Post Office Schemes from 1 July 2026
- Best Fixed Deposit Interest Rates 2026 for General and Senior Citizens: Check Which Bank Gives Higher Returns?
- F&O, Intraday and Share Trading Losses: How to Claim Maximum Tax Benefit Through ITR-3, Set-off and Carry Forward
- ITR-3 for FY 2025-26 (AY 2026-27): Applicability, Pre-Filing Verification and Due Dates
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
