CAclubindia Articles

Income Tax Bank Balance Disclosure Rules in ITR-4 For AY 2026-27

Mitali 22 April 2026 at 17:50

New Income Tax rule 2026: Mismatch in bank balance disclosure for FY 2025-26 can attract penalty. Know the rules before you file.

Pensioner ITR For AY 2026-27: Who Qualifies For Exemption?

Poojitha Raam Vinay 22 April 2026 at 16:29

Complete guide for senior citizens on ITR filing for AY 2026-27, including Section 194P exemption, tax slabs, deductions and when pensioners can skip filing returns.

Scrap, Supply and Substance: Understanding GST in Job Work Transactions

Raj Jaggi 22 April 2026 at 10:36

Explore how waste and scrap are treated under GST, covering ownership, valuation, and tax implications in job work transactions. Learn why even by-products can trigger compliance obligations and how proper documentation helps avoid disputes.

Dormant Company in India: Legal Framework, Procedure and Compliances

Deepak Sharma 22 April 2026 at 09:19

Comprehensive guide on Section 455 of the Companies Act, 2013 covering Dormant Company status, eligibility, benefits, compliance requirements, application process and the latest CCFS-2026 scheme updates.

Interest Cost: The Next Big Evolution in GST

Vivek Jalan 22 April 2026 at 09:19

Learn about the latest GST changes effective March 2026, including the revised interest calculation formula on delayed tax payments, auto-population of liability in GSTR-3B based on document date and interest recovery through GSTR-10

Form MSME-1 Filing: What Every Company Must Know

CS Divesh Goyal 21 April 2026 at 09:50

A clear and practical guide to Form MSME-1 under the Companies Act, explaining who must file, due dates, the 45-day payment rule, reporting requirements, common misconceptions and penalties for delayed or non-compliance.

The Art Of Restraint In Tax Litigation: Lessons From The Supreme Court

Raj Jaggi 21 April 2026 at 09:24

A detailed analysis of the evolving mindset in Indian tax litigation, highlighting the shift from routine appeals to responsible, policy-driven decision-making. Explains the Supreme Court's stance on monetary thresholds, reduced litigation and the importance of restraint in pursuing low-value disputes.