CAclubindia Articles

Foreign Assets, RSUs and Foreign Bank Accounts in ITR: Schedule FA Reporting, Notices and Penalty Explained

Posted by CA Varun Gupta

03 June 2026 4 Views

Foreign assets in ITR? Understand Schedule FA disclosure rules for foreign bank accounts, RSUs, ESOPs, overseas investments, Form 67, and penalties for non-reporting in AY 2026-27.

No GST on MIDC Leasehold Assignment: Supreme Court Upholds Bombay HC

Posted by Yasharth Kale 03 June 2026 10 Views

GST not applicable on outright assignment of MIDC industrial leasehold rights, rules Bombay HC; Supreme Court declines to interfere. Key implications for industrial plot transfers explained.

FD Interest Rates for 444-Day Special Scheme 2026: Check Which PSU Bank Offers Highest Return?

Posted by Poojitha Raam Vinay

02 June 2026 9122 Views

Are you planning to invest in a 444-day special FD - Discover which PSU bank offering the highest return - compare SBI, PNB, BoB and other PSU banks to find which offers the highest returns.

Long-Term Capital Gain Tax: Exemptions Available in AY 2026-27

Posted by Ishwarya Keerthi B 02 June 2026 4419 Views

Learn about Long-Term Capital Gain (LTCG) tax exemptions available for AY 2026-27 under Sections 54, 54F, 54EC, and 54B. Discover how strategic reinvestment in property, bonds, or agricultural land can help reduce or eliminate LTCG tax legally.

GST Liability in Business Transfers and Retrospective Amalgamations

Posted by Raj Jaggi

02 June 2026 390 Views

Opening ObservationsA business restructuring is often planned as a commercial or corporate event. The parties focus on valuation, assets, liabilities, employees...

Section 87A and Section 156 Rebate Explained: Why Tax May Still Be Payable Below Rs 12 Lakh

Posted by CA Varun Gupta

02 June 2026 1670 Views

Why are some taxpayers receiving tax demands despite income below Rs 12 lakh? Learn how Section 87A rebate works, the role of Section 156, and situations where tax may still be payable.

New E-Way Bill changes that every taxpayer must be aware!

Posted by CA Umesh Sharma 02 June 2026 275 Views

GSTN introduces major E-Way Bill changes from May 2026, including mandatory Ship To GSTIN details and a voluntary E-Way Bill Closure Facility. Learn the new compliance requirements, benefits and impact on businesses under GST.

Best Investment Options for Senior Citizens in June 2026 With Tax Benefits

Posted by Chaitra Seetharam 01 June 2026 4162 Views

Discover the best tax-saving investment options for senior citizens in June 2026. Compare SCSS, tax-saving FDs, NPS, and ELSS funds to earn higher returns, claim deductions under Sections 80C, 80CCD(1B), 80TTB, and 80D, and secure a comfortable retirement.

Tax Implications on Rs 50 Lakh Income for AY 2026-27

Posted by Ishwarya Keerthi B 01 June 2026 5995 Views

Calculate income tax on ₹50 lakh salary for AY 2026-27 under the new and old tax regimes. Compare tax liability, surcharge impact, deductions, and smart tax-saving strategies to choose the most beneficial regime.

How to Avoid Higher Circle Rate Addition When Agreement Date Is Earlier Than Registration Date

Posted by CA Varun Gupta

01 June 2026 856 Views

Learn how agreement-date stamp duty value can be adopted instead of registration-date value under Sections 50C, 43CA, and 56(2)(x). Understand payment conditions, 110% safe harbour, buyer-seller implications, practical examples, and key judicial rulings.