CAclubindia Articles

No Intent, No Extended Limitation

Posted by Raj Jaggi 08 August 2026 11 Views

CESTAT Chandigarh in Vimal Alloys Pvt. Ltd. rules that extended limitation under Service Tax cannot be invoked merely due to an interpretational dispute. The Tribunal held that when records are disclosed, returns are filed, and no intent to evade tax is proven, allegations of suppression fail, making the demand time-barred.

The Startup Founder's Compliance Map: Year 1 to Year 3

Posted by CA Sundram Gupta, FCA 08 August 2026 15 Views

A complete startup compliance roadmap for 2026 covering DPIIT recognition, Udyam registration, Section 80-IAC tax holiday, IPR benefits, foreign funding, FEMA reporting, RBI rules, and key startup registrations every founder should know.

Breaking Down, Breaking Through: A CA Student's Blueprint for the Comeback

Posted by Ishwin Kaur 08 August 2026 17 Views

CA preparation can be overwhelming, with exam stress, repeated attempts, articleship pressure, and burnout affecting many students. Learn practical strategies to overcome setbacks and draw inspiration from Ishwin Kaur's journey of resilience, personal growth, and success beyond exam results.

TDS on Rent Section For FY 26-27: With Limits And Rates

Posted by Chaitra Seetharam 07 August 2026 45056 Views

TDS on rent for FY 2026–27 (AY 2027–28): Know updated Section 393 rules, TDS rates, exemption limits, 194-I, 194-IB, NRI rent taxation under 195 and filing codes.

Section 44AD for AY 2026-27: The Easy Way to File Business Income Tax Returns

Posted by Ishwarya Keerthi B 07 August 2026 1393 Views

Learn everything about Section 44AD for AY 2026-27, including eligibility, turnover limits, presumptive income rates, tax audit rules, ITR-4 filing, benefits and FAQs for small businesses.

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

Posted by Chaitra Seetharam 07 August 2026 107521 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.

Post Office Monthly Income Scheme For Senior Citizens 2026: Latest Interest Rate With Tax Implications

Posted by Ishwarya Keerthi B 07 August 2026 10840 Views

Explore the Post Office Monthly Income Scheme (POMIS) for Senior Citizens in 2026. Know the latest 7.4% interest rate, investment limits, monthly income, tax rules, eligibility and key benefits.

TDS on Commission For FY 2026-27: Latest Rules, Rates and Threshold Limits with Different Sections

Posted by Chaitra Seetharam 07 August 2026 11491 Views

Know the latest TDS on commission rules for FY 2026-27 under the Income Tax Act, 2025. Check 2% TDS rates, ₹20,000 threshold, Section 393(1), due dates, exemptions, GST treatment, and compliance requirements.

Company First, Director Next: The Rule for GST Prosecution

Posted by Raj Jaggi 07 August 2026 215 Views

Can a GST Director be prosecuted without making the company an accused? The Punjab & Haryana High Court in Manoj Bansal v. DGGI held that vicarious liability under Section 137 CGST Act requires arraigning the company first, reinforcing strict compliance with GST prosecution law.

The Rs 1 Crore Question: Do You Need a Tax Audit This Year

Posted by Ishwin Kaur 07 August 2026 952 Views

Learn what a Tax Audit under Section 44AB is, who must undergo it for FY 2025-26 (AY 2026-27), key Form 3CD clauses, audit thresholds, penalties, due dates, and practical compliance insights.