CAclubindia Articles

Service Tax Refund Cannot be Time-Barred Before the Claim is Ready

Posted by Raj Jaggi 27 July 2026 4 Views

Madras High Court in Shenlong Bio-Tech v. Commissioner of GST & Central Excise rules that refund limitation cannot start before a mandatory service provider certificate is available, ensuring taxpayers get a meaningful opportunity to claim refunds.

ITR Filing for AY 2026-27: Documents Required, Importance and the Legal Framework

Posted by Priyanshi Garg 27 July 2026 15 Views

ITR Filing AY 2026-27: Know who must file, required documents, correct ITR forms, due dates, revised return deadlines, penalties for late filing and key tips for hassle-free tax compliance.

Regulation 25 of SEBI LODR: A Comprehensive Guide to Obligations of Independent Directors

Posted by Affluence Advisory 27 July 2026 13 Views

Understand Regulation 25 of SEBI LODR governing Independent Directors. Learn about appointment, tenure, removal, liability, D&O insurance, independence declarations and key compliance requirements for listed companies.

Pink Tax: The Hidden Cost of Being a Woman in India

Posted by Siddharth 27 July 2026 19 Views

What is the Pink Tax? Learn how gender-based pricing increases the cost of products and services for women, its economic impact and ways consumers can make informed purchasing decisions.

Senior Citizen Tax AY 2026-27: Know Which Form Is Right and How You Can Pay Zero Tax Up to Rs 17.13 Lakh?

Posted by Mitali 25 July 2026 898 Views

Senior citizens filing ITR for AY 2026-27? Learn which ITR form applies to you, eligibility conditions, tax-saving benefits, and how income up to Rs 17.13 lakh can become tax-free under the new regime.

Income Tax Update: How to Transfer TDS From Wife to Husband's ITR?

Posted by Mitali 25 July 2026 4448 Views

Gifted money to your wife for FDs, mutual funds, shares, or property? Know when income gets clubbed with the husband’s income and how to report it in ITR.

ITR Processing Time 2026: Know How Long Will It Take and What Each Status Message Means

Posted by Poojitha Raam Vinay

25 July 2026 5305 Views

Track your ITR processing status for AY 2026-27 with this complete guide. Learn how long refunds take, what each status message means, common reasons for delays, and steps to speed up processing.

Higher-Rated Ancillary Inputs Can Unlock Refund Under Section 54(3)

Posted by Raj Jaggi 25 July 2026 86 Views

Can ancillary inputs taxed at higher GST rates trigger a refund under Section 54(3) even when the principal input and output attract the same rate? Explore key judicial rulings, including the IOCL and Karnataka High Court decisions, and understand the evolving interpretation of inverted duty structure refunds under GST.

Is a Gift from Your Cousin Actually Tax-Free? The Catch in India's Gift Tax Laws

Posted by Affluence Advisory 25 July 2026 452 Views

Understand the taxability of gifts from friends and relatives under Section 56(2)(x) of the Income Tax Act. Learn exemption limits, relative definitions, wedding and inheritance exemptions, clubbing provisions and compliance requirements.

Time-Barred GST Returns: The Unbarring Route and What It Does Not Cure

Posted by Ravichandra 25 July 2026 147 Views

GSTN's new unbarring facility allows applications to reopen time-barred GST returns. Know eligibility, limitations, ITC impact, and key compliance steps.