CAclubindia Articles

Undelivered GST Letter Can Trigger Inspection Even After Registration

Mitali 27 March 2026 at 12:01

GST authorities are increasingly conducting physical verification of business premises even after issuing GST registration certificates. This may be triggered due to undelivered welcome letters, risk-based scrutiny in automatic registrations, or doubts arising during normal registration processes.

Decriminalising Tax Lapses: Technical Errors vs Frauds What NITI Aayog's 2026 Reforms Mean for You

Affluence Advisory 27 March 2026 at 09:42

Explore how the Income-tax Act, 2025 transforms India's tax system from fear-driven enforcement to trust-based governance. Learn about decriminalisation of minor offences, Rs 1 crore prosecution thresholds, relief for technical errors, and how the 2026 reforms protect honest taxpayers while targeting fraud.

Corporate Laws (Amendment) Bill 2026: Key Changes Explained with Section-wise Comparison

CS Binit Thakur 27 March 2026 at 09:42

The Corporate Laws (Amendment) Bill, 2026 brings key reforms to the LLP Act, 2008 and Companies Act, 2013, introducing IFSC LLPs, easing foreign currency operations, and boosting India's global business competitiveness.

A Typing Error, A Genuine Export: Law Restored Balance

Raj Jaggi 27 March 2026 at 09:25

GST refund denied due to a minor GSTR-1 error? The Supreme Court in Ruhi Siraj Makda v. Union of India (2026) upholds exporters’ rights, ruling that clerical mistakes cannot override genuine exports and IGST payments.

Finance Bill 2026: Flat 12% Buyback Surcharge - Know Its Impact

Mitali 26 March 2026 at 12:39

Finance Bill 2026 proposes a new uniform surcharge rate on capital gains from buybacks. Know its impact on small and high-income investors.

Companies Compliance Facilitation Scheme, 2026 (CCFS-2026)

CS Divesh Goyal 26 March 2026 at 09:54

MCA's CCFS-2026 Scheme offers a one-time chance to regularize filings at just 10% additional fees, with options for dormant status or strike-off. Explore eligibility, benefits, key forms, deadlines and compliance FAQs.

Why Your GSTR-3B Won't File: Common Culprits and Easy Fixes

Goldy Boldy 26 March 2026 at 09:54

Struggling to submit GSTR-3B on the GST portal? Discover common reasons like unconfirmed liability breakup, unsaved data, validation errors, ledger mismatches, and portal glitches plus quick fixes to resolve filing issues smoothly and avoid last-minute stress.

When The Search is Attacked, But The Evidence Still Stands

Raj Jaggi 26 March 2026 at 09:37

Can evidence survive an invalid search? Explore how the Karnataka High Court, guided by Pooran Mal v. Director of Inspection (Investigation) and reaffirmed in Dr. Naresh Kumar Garg v. State of Haryana, held that relevant material in GST proceedings remains admissible despite procedural irregularities.

Change in LPG Booking: You May Have to Wait 35 Days Now

Mitali 25 March 2026 at 16:21

Government clarifies LPG refill booking rules amid viral rumours. No new 35-day waiting period introduced; existing gap remains 25 days in urban and 45 days in rural areas, debunking misleading reports.

Form 24: Audit Compliance under Section 59 for Royalty and Technical Service Fees

Ayush 25 March 2026 at 13:47

Form No. 24 under Rule 43 of the Income-tax Rules, 2026 is a mandatory CA-certified audit report for non-residents and foreign companies earning royalty or FTS in India through a PE, ensuring accurate income computation under Section 59.