CAclubindia Articles

The Vanishing Shield: Is your Home Loan Interest losing its Tax Power?

Marimganti Tarun B.com,FCMA 17 February 2026 at 07:01

Home loan tax benefits under Section 24(b) are fading under the New Tax Regime (Section 115BAC). Understand how the loss of interest deduction impacts salaried taxpayers, the break-even point between old vs new regime and who stands to lose the most before filing your return.

TDS and TCS: The New Shields and Arrows of the Taxpayer

CA Umesh Sharma 17 February 2026 at 07:00

Union Budget 2026 proposes major TDS and TCS reforms under the new Income Tax Act 2025. From PAN-based property TDS and digital certificates to TCS rationalisation and LRS relief, here's a complete breakdown of taxpayer “shields” and compliance "arrows."

MAT Credit - Budget Implications

Venkat Raj 17 February 2026 at 07:00

A comprehensive analysis of MAT u/s 115JB, its historical evolution, MAT credit mechanism, Budget 2026 changes, rate reduction to 14%, restrictions on credit utilisation

TAN Exemption for Property Buyers: Relief for Resident Buyers u/s 397

Poojitha Raam Vinay 16 February 2026 at 15:55

Budget 2026 proposes Section 397 to simplify property TDS compliance by removing the TAN requirement for resident buyers under Section 194-IA. Know eligibility, benefits, impact, and filing rules.

From Rigour To Reason: Decriminalisation Of Tax Offences Under The IT Act, 2025 Through Finance Bill, 2026 - Part 1

Raj Jaggi 16 February 2026 at 09:24

The Finance Bill, 2026 proposes major amendments to prosecution provisions under Sections 473-476 of the Income-tax Act, 2025, introducing graded punishment, decriminalisation measures, and proportionate sentencing to shift tax enforcement from rigid penalties to a fair, balanced compliance framework effective April 1, 2026.

Finance Bill 2026: Balancing Flexibility With Compliance Discipline

Raj Jaggi 16 February 2026 at 09:16

Clause 83 of the Finance Bill, 2026 proposes substitution of Sections 427 and 428 of the Income-tax Act, 2025, introducing a structured fee framework for delayed returns, audit reports, financial transaction statements, and accountant certifications, effective April 1, 2026.

How the 1600-Series Numbering Will Curb Financial Fraud in NBFCs

Affluence Advisory 16 February 2026 at 08:44

Learn how the Telecom Regulatory Authority of India 1600-series mandate impacts NBFCs, including deadlines, compliance steps, fraud prevention benefits and strategies to maintain customer trust.

Finance Bill 2026 Proposes Section 147A to Clarify Assessing Officer Jurisdiction for Notices u/s 148 & 148A

CA Varun Gupta 16 February 2026 at 08:43

Understand proposed Section 147A in Finance Bill 2026, a retrospective clarification on who qualifies as "Assessing Officer" for Sections 148 & 148A notices, addressing JAO vs NaFAC/AU jurisdiction and ensuring legal alignment.

From Ambiguity To Assurance: Finance Bill 2026 Brings Statutory Clarity To TDS On Manpower Supply - Concluding Part II

Raj Jaggi 14 February 2026 at 11:05

An in-depth analysis of the Finance Bill 2026 amendment recognising manpower supply under recipient control as "work," exploring judicial evolution, GST alignment, compliance roadmap, and strategic business implications for FY 2026-27.

Systematic Withdrawal Plan (SWP): The Art Of Making Retirement Savings Last A Lifetime (Part 2)

Raj Jaggi 14 February 2026 at 10:51

An in-depth look at Systematic Withdrawal Plans (SWP) as a retirement income strategy covering benefits, risks, taxation, suitable mutual fund options, and practical insights to help retirees turn accumulated wealth into sustainable, disciplined cash flow.