CAclubindia Articles

Himachal Pradesh High Court: Post-Omission SCNs under Rule 96(10) Are Non-Est Absent Saving Clause

Posted by Abhishek Raja 11 November 2026 90 Views

Explore the Himachal Pradesh High Court ruling on post-omission SCNs under Rule 96(10), held non-est due to the absence of a saving clause and its legal implications.

Corporate Tax Rate in India for Foreign Companies: Subsidiary vs Branch (FY 2026-27)

Posted by Sudheer

11 November 2026 57 Views

Compare corporate tax rates in India for foreign companies, subsidiaries and branch offices for FY 2026-27, including applicable tax rates, surcharge and cess.

Deduction in New Tax Regime Available For Tax Year 2026-27

Posted by Mitali

11 November 2026 850 Views

An individual must identify the income rates before calculating tax, because income is divided into three broad categories with different tax rates:CategoryExam...

GST on Toll-Operate-Transfer Arrangements: Understanding the New Special Procedure and Its Practical Implications

Posted by CA Shanu Agrawal 10 November 2026 174 Views

Explore the GST implications of Toll-Operate-Transfer (TOT) arrangements, including the new toll-collection rights exemption, escrow-linked O&M tax mechanism, applicable GST rates, input tax credit and transitional compliance requirements effective from 1 November 2026.

GST Amendment: New Process To Submit Successfully

Posted by Mitali

10 November 2026 3372 Views

Learn the new GST amendment submission process, key steps, required details and common mistakes to ensure successful submission of GST amendment applications on the GST portal.

Bank Guarantee vs Letter of Credit: Which one does your business need?

Posted by Ankush 10 November 2026 62 Views

Understand the key differences between a Letter of Credit (LC) and Bank Guarantee (BG), including their purpose, payment process, types, bank charges, margin requirements, limit calculations and practical examples for businesses.

1 Lakh Interest Per Month: Check Out the Investment Needed? - Post Office MIS vs SBI

Posted by Chaitra Seetharam 10 November 2026 4780 Views

Discover how much investment is required to earn ₹1 lakh monthly interest through Post Office MIS and SBI. Compare interest rates, returns, investment amounts and key features in 2026.

Wrong ITC Reporting Is Not Wrongful Availment but Supplier's Tax Default May Bar Credit

Posted by Raj Jaggi

10 November 2026 80 Views

Incorrect ITC Reporting and Supplier's Tax Default Have Different Legal ConsequencesInput Tax Credit (ITC) is an important feature of GST, but disputes often ar...

Why October 2026 GST return is more important for FY 2025-26?

Posted by CA Umesh Sharma 11 November 2026 548 Views

October 2026 GST Return: Check 7 important compliance points, including ITC reconciliation, credit notes, GSTR-2B matching, invoice amendments and GSTR-9 for FY 2025-26.

Diwali Gifts to Employees: When Does a Gesture of Appreciation Become Taxable?

Posted by Priyanshi Garg

11 November 2026 142 Views

Understand the tax implications of Diwali gifts to employees, including income tax exemptions, gift limits and when festive rewards become taxable perquisites.