CAclubindia Articles

Capital Gains Exemption Under Sections 54 & 54F: Is Purchase in Spouse's Name Allowed?

Posted by Kowsalya 19 June 2026 77 Views

Understand whether Sections 54 and 54F allow capital gains exemption when the new residential property is purchased in the name of a spouse, child, or legal heir.

Invoice Not Reflecting in GSTR-2B: What Action Should the Buyer Take to Protect ITC?

Posted by CA Varun Gupta

19 June 2026 73 Views

Learn what to do when a GST purchase invoice is not reflecting in GSTR-2B. Understand ITC eligibility, legal provisions, supplier correction process, IMS impact, complaint options, Section 16(4) timelines, and practical steps to safeguard input tax credit under GST.

Term Sheet for Startup Investment: Key Clauses Every Founder Must Understand

Posted by Akansha Rathi and Associates 18 June 2026 100 Views

Understand startup term sheets with this comprehensive guide for founders. Learn key clauses on valuation, investor rights, dilution, governance, founder lock-ins, exit rights, confidentiality, and investment terms before raising funding.

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

Posted by Raj Jaggi

18 June 2026 111 Views

Explore the Allahabad High Court ruling in World Phone Internet, clarifying DRC-01A, Section 74(5), and taxpayers' right to settle GST disputes with a 15% penalty.

Director Disqualification in India: When the Boardroom Door Closes

Posted by Priyanshi Garg 18 June 2026 182 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 77 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 207 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.