CAclubindia Articles

TDS on Transfer of Virtual Digital Assets (VDA): Form No. 141 Schedule D

CA Varun Gupta 09 April 2026 at 10:20

Comprehensive guide to VDA TDS compliance: understand the shift from Form 26QE to Form No. 141 (Schedule D) from 1 April 2026, including applicability, due dates, exchange vs buyer obligations and Form No. 132 certification.

Rule 39(1) vs Section 20: ISD ITC Distribution Timing Gets Judicial Clarity

Vivek Jalan 09 April 2026 at 10:20

Madras High Court in Reliance Jio Infocomm Ltd vs Union of India clarifies ISD ITC distribution timing under GST. Learn when ITC becomes "available," same-month distribution expectations and a practical compliance checklist for taxpayers.

Regulation vs Business - The GST Boundary

Raj Jaggi 08 April 2026 at 10:43

When Regulation Was Mistaken for a Service: The Beginning of a Landmark GST DisputeGST law, despite its wide scope, is built upon a few simple and fundamental p..

Adverse Income Tax Assessment? Remedies Under Sections 143(3), 147 & 148 Explained

CA Varun Gupta 08 April 2026 at 09:12

Facing an adverse income tax assessment under Sections 143(3) or 148? Explore practical remedies, appeal options, stay of demand, rectification, and strategic legal actions every assessee must consider for effective tax litigation.

The Great Tax Migration: Bridge Between IT Act 1961 and IT Act 2025

CA Umesh Sharma 08 April 2026 at 09:11

Income Tax Act, 2025 transition explained: Key FAQs on dual compliance, TDS rules, loss carry forward, MAT credits, and taxpayer action plan from April 1, 2026...

The Hidden Risks of Becoming a Loan Guarantor

Ashok Kakkar 08 April 2026 at 09:11

Becoming a loan guarantor can expose you to full financial liability, legal risks, and credit impact without direct benefit. Understand key legal provisions, risks, and essential precautions before signing any guarantee to protect your financial future.

Old Regime vs. New Tax Regime: Should Your Clients Still Invest in LIC?

raj 08 April 2026 at 09:11

Traditional life insurance remains a reliable debt allocation tool even under the new tax regime. Discover why LIC Jeevan Umang leads with tax-free returns, sovereign guarantee and stable long-term wealth creation for Indian investors and CA clients.

ATM Withdrawal Limits and Charges: Rules Changed From April 2026

Chaitra Seetharam 07 April 2026 at 13:57

Stay updated on India's latest ATM rules effective April 1, 2026. Learn about revised withdrawal limits, increased transaction charges, UPI cash withdrawals counting toward free limits and smart tips to avoid extra fees.

TDS on Property from 1st April 2026: Form 141 Replaces 26QB - Complete Guide

CA Varun Gupta 07 April 2026 at 09:31

Effective 1 April 2026, the TDS compliance framework for immovable property shifts from Form 26QB to Form No. 141, with Form 132 replacing Form 16B.

From Swiggy Sales to POS Data: How Tax Authorities Are Tracking B2C Businesses

Vivek Jalan 07 April 2026 at 09:30

Income Tax Department flags Rs 408 crore suppressed sales in restaurants, signaling stricter data-driven scrutiny across B2C sectors. Experts advise proactive reconciliation, transparent reporting and compliance amid rising GST-IT integration and new SFT rules from April 2026.