CAclubindia Articles


Empowering Progress: The Unsung Role of Accounting in the Power Sector

  Sanket    09 February 2026 at 06:53

Accounting is the silent backbone of the power sector, ensuring financial integrity, compliance, fund management, and smooth operations from generation to distribution.



Payment for Background screening and Investigation Services is neither Fees for Technical Services (FTS) nor Royalty

  Vivek Jalan    09 February 2026 at 06:52

ITAT Delhi rules that payments for background screening services are neither royalty nor FTS, as they do not involve the use of copyright or 'make available' technical knowledge.



Discounts and Incentives are not Unexplainable Cash Credits

  Vivek Jalan    09 February 2026 at 06:52

ITAT Chennai holds that discounts and incentives credited in books and linked to business activity cannot be treated as unexplained cash credits under Section 68 or taxed under Section 115BBE.



Revised Return Due Date Extension

  Chaitra Seetharam    07 February 2026 at 11:41

Income-tax Act proposes more time to revise returns, balancing flexibility with accountability. By extending the deadline, the law aims to improve voluntary compliance without reopening completed assessments.



Foreign Assets Disclosure Gets A Fresh Window Under Finance Bill, 2026 - Concluding Part II

  Raj Jaggipro badge    07 February 2026 at 09:39

An in-depth analysis of FAST-DS 2026 Clauses 120-128, highlighting administrative safeguards, settlement finality, immunity provisions, and the shift toward disciplined voluntary compliance.



Business GST Registration Guide: A Practical Field Manual

  LegalDev    07 February 2026 at 09:21

Learn the messy reality of GST registration for businesses, from document pitfalls to Aadhaar authentication, ITC benefits, officer queries and post-registration compliance.



Systematic Withdrawal Plan (SWP): The Art Of Making Retirement Savings Last A Lifetime: Part 1

  Raj Jaggipro badge    06 February 2026 at 09:54

A thoughtful exploration of retirement’s silent shift from earning to sustaining income, highlighting emotional challenges, SWP strategies, and long-term financial security.



Foreign Assets Disclosure Gets A Fresh Window Under Finance Bill, 2026: Part I

  Raj Jaggipro badge    06 February 2026 at 09:30

Detailed overview of India's foreign asset compliance architecture, including Black Money Act, AEOI insights, and the proposed FAST-DS 2026 disclosure scheme.



Online Condonation of Delay for Form 9A, Form 10, Form 10B & Form 10BB: Portal Process, Rules and Key Pitfalls

  CA Varun Guptapro badge    06 February 2026 at 07:14

The Income-tax Department has enabled an online Condonation Request module for statutory forms like Form 9A, 10, 10B and 10BB. This guide explains the legal framework, step-by-step portal process, authority limits, documentation checklist and key reasons applications get rejected.



Are You Thinking About Auto Sweep Facility in Savings Accounts - Than You Must Read This

  Mitali    05 February 2026 at 16:55

Auto Sweep in savings accounts: Earn FD rates on excess cash? Beware penalties & low returns on frequent withdrawals.




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