CAclubindia Articles

Diwali Bonanza or Tax Burden? GST Implications on Corporate Gifts and Freebies

Posted by Priyanshi Garg

09 November 2026 69 Views

Understand the GST and Income Tax implications of Diwali gifts to employees, customers and business associates. Know the GST liability, ITC restrictions, ₹50,000 employee gift limit, TDS under Section 393 and key compliance requirements for businesses.

GSTR-9 vs GSTR-9C: Who Must File Annual GST Returns in 2026?

Posted by Poojitha Raam Vinay 07 November 2026 1791 Views

Every December the same question floods practitioner groups: "Do I file GSTR-9, GSTR-9C, or both?" It is the wrong question. The right one is: "Which turnover b...

CMA Data for a Bank Loan: Format, Forms II to VI and how to prepare it

Posted by Ankush 07 November 2026 130 Views

Learn how to prepare CMA data for bank loans and working capital limits. Explore all six CMA forms (I to VI), MPBF calculations, financial projections and a practical example with step-by-step guidance.

Duplicate Reporting in GSTR-1 Cannot Convert a Discharged Tax Liability into a Fresh Demand

Posted by Raj Jaggi

07 November 2026 65 Views

Duplicate reporting in GSTR-1 cannot create a fresh GST demand when tax liability has already been discharged. Understand the legal position, GST reconciliation and protection against double taxation.

How a bank reads your balance sheet before giving a loan

Posted by Ankush 06 November 2026 121 Views

Discover how banks analyse a balance sheet before approving a business loan. Understand key financial ratios, tangible net worth, liquidity, leverage and red flags that affect loan eligibility.

EDF Full Form: What Is It, How to Fill and Submit Online?

Posted by Ishwarya Keerthi B 06 November 2026 556 Views

The Export Declaration Form (EDF) is an important document used by exporters in India to declare the value of goods and services exported outside the country. I...

SEBI's Revised Accredited Investor Framework: Manager-Led Accreditation, a Rs 5 Crore Market Exposure Route and What It Means for You

Posted by Priyanshi Garg

09 November 2026 29 Views

SEBI revises Accredited Investor rules with manager-led verification, 3-year validity, new securities market exposure criteria and deemed accreditation for non-residents, effective 5 November 2026.

A New GST Registration Framework for E-Commerce Suppliers Without Physical Presence Takes Effect from 1st Nov 2026

Posted by Raj Jaggi

06 November 2026 124 Views

GST Rule 14B, effective 1 November 2026, allows eligible e-commerce suppliers to obtain GST registration in other states using approved platform warehouses without maintaining physical premises. Know the ₹2.5 lakh limit, eligibility and compliance requirements.

Foreign Income? Don't Make These Reporting Mistakes

Posted by Atul Mangal 06 November 2026 174 Views

Reporting foreign income in India? Understand residential status, Schedule FA, Schedule FSI, DTAA and Foreign Tax Credit under the Income-tax Act, 2025 to avoid common ITR filing mistakes.

Dhanteras 2026 Date and Puja Timing with Income Tax Rules on Gold

Posted by Mitali

05 November 2026 1028 Views

Dhanteras is considered one of the auspicious festivals in India which will be celebrated on 6th November 2026.The festival is associated with wealth, prosperit...