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Author: Ashish Ahuja

Ashish Ahuja is a Senior Partner of Ahuja & Ahuja Chartered Accountants
CARO 2020 Applicability
Audit | Companies Act / ROC

CARO 2020 Applicability: Which Companies are Covered and Which are Exempt

The auditors of companies, in the eyes of the law, hold a pivotal role in ensuring transparency, good governance, and the protection of shareholders including the public ones. To this…

Read More CARO 2020 Applicability: Which Companies are Covered and Which are ExemptContinue

Lower Deduction Certificate (LDC) for TDS on Sale of Property by NRI
Home Selling | Income Tax

Lower Deduction Certificate (LDC) for TDS on Sale of Property by NRI : Why, When & How

As an NRI (Non-Resident Indian), in the midst of the hustle and bustle of life across borders, it’s common to overlook aspects related to your property back in India. Property…

Read More Lower Deduction Certificate (LDC) for TDS on Sale of Property by NRI : Why, When & HowContinue

Tightening Accounting of NGOs
Income Tax | NGO

Tightening Accounting of NGOs: Introduction of Rule 17AA on Maintenance of Books of Accounts under Income Tax Act

Every individual and organization operating within the boundaries of a nation is governed by the country’s taxation policies. Within these policies, a set of ground rules establishes the clarity required…

Read More Tightening Accounting of NGOs: Introduction of Rule 17AA on Maintenance of Books of Accounts under Income Tax ActContinue

GST Latest Notification No GST on Ocean Freight on Import of Goods from 1st October, 2023
GST

GST Latest Notification: No GST on Ocean Freight on Import of Goods from 1st October, 2023

The business world is dynamic, with laws and regulations continually evolving. The latest move that is set to bring about significant change in the realm of international goods transportation pertains…

Read More GST Latest Notification: No GST on Ocean Freight on Import of Goods from 1st October, 2023Continue

GST Input Credit (ITC) on Corporate Social Responsibility (CSR) Expenditure. An Analysis
GST

GST Input Credit (ITC) on Corporate Social Responsibility (CSR) Expenditure. An Analysis

In a world that’s continuously evolving, the blend of corporate responsibilities and fiscal policies remains an intriguing area for businesses, policymakers, and the public alike. One such topic at the…

Read More GST Input Credit (ITC) on Corporate Social Responsibility (CSR) Expenditure. An AnalysisContinue

Income Tax Benefits of Taking a Loan in Joint Name for Buying a House Property
Income Tax | Uncategorized

Income Tax Benefits of Taking a Loan in Joint Name for Buying a House Property

Investing in real estate has always been a popular financial strategy, but did you know that buying property in a joint name can come with its own set of income…

Read More Income Tax Benefits of Taking a Loan in Joint Name for Buying a House PropertyContinue

Due Dates for Company Annual ROC Filings for 2023
Companies Act / ROC

Due Dates for Company Annual ROC Filings for 2023

In the vibrant economic landscape of India, companies vary in form, size, and the industries they serve. Despite these differences, one binding thread between them is compliance with the Companies…

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MCA Introduces Condonation Scheme for Delay in Filing LLP Forms (3, 4, 11)
Companies Act / ROC

MCA Introduces Condonation Scheme for Delay in Filing LLP Forms (3, 4, 11)

The Ministry of Corporate Affairs (MCA), India, recently released General Circular No.08/2023, which addresses concerns related to the filing of specific forms under the Limited Liability Partnership Act, 2008. This…

Read More MCA Introduces Condonation Scheme for Delay in Filing LLP Forms (3, 4, 11)Continue

GST E-Invoicing Limit Reduced to 5 Crores from 1st August, 2023
GST | News

GST E-Invoicing Limit Reduced to 5 Crores from 1st August, 2023

In the ever-changing landscape of financial regulations, one must always stay updated to ensure they are in compliance and can take advantage of new opportunities. Today, we focus on a…

Read More GST E-Invoicing Limit Reduced to 5 Crores from 1st August, 2023Continue

GST ASMT-10 Notice: How to Reply
GST

GST ASMT-10 Notice: How to Reply

This article provides an overview of the process and requirements for replying to a GST ASMT-10 notice. Under the CGST Act, taxpayers may receive these notices to inform them of…

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Understanding Section 54: A Guide to Capital Gains Tax Exemptions on Residential Property Sales
Income Tax

Understanding Section 54: A Guide to Capital Gains Tax Exemptions on Residential Property Sales

The world of finance and taxation can often seem like a labyrinth, especially when it comes to understanding the nuances of the Income Tax Act. However, with the right guide,…

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Section 54F of the Income Tax Act: A Guide to Exemptions on Capital Gains
Income Tax

Section 54F of the Income Tax Act: A Guide to Exemptions on Capital Gains

Taxation forms a significant part of any country’s financial framework, playing a pivotal role in the development and growth of the nation. Among the various forms of taxes, Income Tax…

Read More Section 54F of the Income Tax Act: A Guide to Exemptions on Capital GainsContinue

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Ahuja & Ahuja Chartered Accountants in India

We are a full service Chartered Accountancy Firm serving clients located in India and Abroad. We are located in Delhi / NCR region of Delhi, Noida & Gurugram

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Haryana - 122002

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