CAclubindia Articles

Different Types of NBFC Registrations & Its Purposes

Posted by Affluence Advisory 01 September 2025 105 Views

This article elaborates on these types of NBFC registrations and the purpose behind each category, highlighting why such nuanced categorization strengthens financial stability, protects consumers, and drives economic growth.

Treatment of Minor's Income and TDS Deduction: Clubbing Provisions, Refund Claims, and Demand Resolution under the Income Tax Act

Posted by CA Varun Gupta

30 August 2025 1370 Views

Learn how to handle TDS deducted in a minor’s PAN, clubbing of minor’s income under Section 64(1A), refund claims, rectification process, and compliance under the Income-tax Act, 1961.

Tax Filing 2025: Old vs New Regime - Key Deductions You Can Still Claim Under Both

Posted by LegalDev 30 August 2025 7118 Views

Discover key deductions available under both old and new tax regimes, including standard deduction, employer contributions, gratuity, and family pension. Compare regimes to save more on taxes in FY 2024-25.

The Limits of Demand Orders Under GST: Why Adjudicating Authorities Cannot Exceed the Show Cause Notice

Posted by Abhishek Raja 29 August 2025 3903 Views

Under GST, tax demand orders cannot exceed the amount proposed in the SCN. Section 75(7) of the CGST Act and landmark High Court rulings reinforce this safeguard, protecting taxpayers from arbitrary or inflated demands.

Income Tax Filing 2025: New Business Codes for Intraday, F&O and Delivery-Based Trading

Posted by CA Varun Gupta

29 August 2025 3009 Views

Learn about the new Income Tax business codes for share trading - 21009 (Intraday), 21010 (F&O) and 21011 (Delivery-Based). Understand speculative vs non-speculative income, Section 44AD applicability, ITR-3 vs ITR-4 usage, audit rules under Section 44AB and loss carry-forward provisions for traders.

More Than 40 deductions or exemptions available under New Tax Regime For FY 24-25: Check Before Filing

Posted by Mitali 28 August 2025 2736 Views

List of more than 40 deductions and exemptions under New Tax Regime FY 2024-25. Maximize tax savings with this complete guide.

Soft Skills: The Secret Ingredient to Professional Success

Posted by Raj Jaggi

28 August 2025 223 Views

Setting the Stage Qualifying prestigious professional examinations like Chartered Accountancy, Cost and Management Accountancy, Company Secretaryship, Medical, ...

Motorcycles Above 350cc May Soon Face 40% GST

Posted by LegalDev 28 August 2025 2035 Views

India may overhaul its GST structure for automobiles. Motorcycles above 350cc could face a steep 40% tax, while bikes and scooters under 350cc may benefit from a lower 18% GST. Find out how this change could impact prices, manufacturers, and buyers ahead of the September GST Council meeting.

CBDT Clarification on PAN-Aadhaar Linking: Relief for Buyers & Sellers in Property Deals

Posted by CA Varun Gupta

28 August 2025 6628 Views

Understand how CBDT Circular 9/2025 fixes PAN-Aadhaar linking issues in property TDS under Section 194-IA, avoiding excess 20% deduction demands.

Is It Mandatory To Disclose All Bank Accounts in ITR: What If Not Shown?

Posted by Mitali 27 August 2025 26578 Views

Learn why reporting every bank account in your ITR is mandatory and know how missing bank accounts in your ITR can trigger IT notices and heavy fines.