CAclubindia Articles

Skipping DRC-01A Cannot Shut The Reduced 15% Penalty Window Under Section 74(5)

Posted by Raj Jaggi

18 June 2026 0 Views

A Procedural Form Can Protect a Substantive Taxpayer RightThe judgment of the Allahabad High Court in M/s World Phone Internet v. Superintendent, Range and anot...

Director Disqualification in India: When the Boardroom Door Closes

Posted by Priyanshi Garg 18 June 2026 5 Views

Learn the legal framework of director disqualification under Sections 164 and 167 of the Companies Act, 2013, including MCA actions, case laws, penalties, and compliance obligations.

Private Limited Company vs LLP: Which Legal Structure is Better for a New Small Business in India?

Posted by CS Binit Thakur 18 June 2026 5 Views

. Learn why LLP is often the preferred choice for small consulting and professional ventures, while Private Limited Companies are better suited for fundraising and scalable growth.

Tax Evasion through Shell Companies under Income Tax and GST

Posted by CA Varun Gupta

18 June 2026 11 Views

Understand the tax implications of shell companies, accommodation entries, fake invoices, and bogus ITC under Income Tax and GST laws, including notices, penalties, and compliance requirements.

Post Office RD Interest Rate 2026: Latest Update with Tax Benefit

Posted by Ishwarya Keerthi B 17 June 2026 26401 Views

Learn about the Post Office Recurring Deposit (RD) Scheme 2026, including the latest 6.7% interest rate, tax rules, maturity returns, eligibility, benefits, loan facility, and whether it is a good investment option for disciplined savers.

TDS Quarterly Return on Non-Salary 2026: Know How To File With New Form 140

Posted by Ishwarya Keerthi B 17 June 2026 1940 Views

Form 140 replaces Form 26Q from FY 2026-27 for reporting TDS on non-salary payments to resident taxpayers. Learn its applicability, due dates, filing process, penalties, and key changes.

TDS Return Due Date For FY 2026-27: Updated As Per IT Act 2025

Posted by Ishwarya Keerthi B 17 June 2026 44085 Views

Comprehensive guide to TDS compliance for FY 2026-27 in India, covering due dates, return forms, applicability, penalties, interest rules and key updates.

From Job Work to Deemed Supply: How weak records can trigger GST demand

Posted by Raj Jaggi

17 June 2026 112 Views

The Hidden Risk in a Familiar Manufacturing PracticeThe Madras High Court's ruling in Tvl. Technocast Foundry v. The State Tax Officer, Coimbatore, 2026-VIL-582...

Income Tax Notice Triggers for Startups & SMEs: 7 Red Flags That Can Lead to Scrutiny in AY 2026-27

Posted by CA Sundram Gupta, FCA 17 June 2026 1029 Views

With AI-driven tax scrutiny expanding in AY 2026-27, startups and SMEs face greater notice risks. Discover the top tax return mismatch triggers and the reconciliation steps needed to stay compliant and avoid scrutiny.

Working Capital Management for Indian SMEs: Why Cash Flow Kills More Businesses Than Losses

Posted by CA CS Nilay Shah 17 June 2026 30 Views

Learn how effective working capital management helps Indian SMEs improve cash flow, reduce financing costs, optimize inventory, manage debtors and sustain business growth.