CAclubindia Articles


Procedure For LEI (Legal Entity Identifier) Code Renewal

Posted by Ishita Ramani 03 August 2026 354 Views

In this article, we will discuss what the LEI (Legal Entity Identifier) Code is and the procedure for Legal Entity Code Renewal, which involves a step-by-step process.



Income Tax Audit Limit for AY 2026-27: Guide to Section 44AB, 44AD and 44ADA Thresholds

Posted by Poojitha Raam Vinay pro badge 03 August 2026 5444 Views

Income Tax Audit Limit AY 2026-27 explained: Section 44AB thresholds, 44AD & 44ADA presumptive taxation limits, tax audit due dates, penalties under Section 271B, and key applicability rules for businesses, professionals, and traders.



SBI 444-day FD 2026: Earn More Than Regular FD in a Short Duration

Posted by Chaitra Seetharam 03 August 2026 80483 Views

SBI Amrit Vrishti 444-Day FD offers up to 7.05% interest for super senior citizens. Check latest interest rates, eligibility, premature withdrawal rules, taxation and benefits before investing.



Public Provident Fund 2026: Five Costly Mistakes to Avoid in This Year

Posted by Mitali 03 August 2026 924 Views

Many PPF account holders make mistakes every year. Know if you are depositing money into your PPF at the wrong time. Also learn 5 costly mistakes to avoid from August 2026.



Penalty For Late Filing Of Income Tax Return For AY 2026-27

Posted by Ishwarya Keerthi B 03 August 2026 13121 Views

Missed the ITR filing deadline for AY 2026-27? Learn about late filing fees under Section 234F, interest under Section 234A, loss of tax benefits, delayed refunds, and belated return deadlines.



Service Tax Appeals Must Resolve, Not Recycle, Disputes

Posted by Raj Jaggi 03 August 2026 45 Views

The Gujarat High Court in Rekha Constructions held that CESTAT should not mechanically remand cases when settled precedent exists. The ruling stresses finality in tax litigation, the importance of speaking orders, and avoiding unnecessary multiplicity of proceedings.



Individual Income Tax Return Filing Due Dates for FY 2025-26 (AY 2026-27)

Posted by Ishwarya Keerthi B 03 August 2026 102560 Views

Know the ITR filing due dates for FY 2025-26 (AY 2026-27), required documents, late filing penalties, interest, refund implications, and key benefits of filing your Income Tax Return on time.



OPC vs Private Limited Company: Compliance, Tax, Cost and Conversion

Posted by CA Sundram Gupta, FCA 03 August 2026 36 Views

Confused between an OPC and a Private Limited Company? Compare tax, compliance, funding, conversion rules, costs, and legal differences to choose the right business structure in 2026.



No Capital Gains on Agricultural Land Under Section 2(14): Key Legal Position Explained

Posted by Vivek Jalan 03 August 2026 391 Views

Does agricultural land attract capital gains tax? Learn why agricultural income or farming activity is not mandatory under Section 2(14)(iii), with ITAT Ahmedabad's ruling in Meghdeep Farms Pvt. Ltd. and key tax implications explained.



Can an Unsigned Section 151 Approval Invalidate Reassessment? ITAT Rajkot Explains

Posted by CA Jaydeep Babubhai Vadher 03 August 2026 24 Views

Can reassessment survive without a signed Section 151 approval? Explore the ITAT Rajkot ruling in Puja Dinesh Singh v. ITO, its impact on reassessment validity, jurisdiction, and taxpayer safeguards under the Income-tax Act.




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