CAclubindia Articles

Section 67(2) Is Not A General Warrant To Seize Unexplained Cash

Posted by Raj Jaggi

14 October 2026 53 Views

Section 67(2) of the CGST Act does not grant GST officers unrestricted powers to seize unexplained cash. Understand the legal limits on cash seizure, key court rulings, and safeguards against arbitrary GST action.

57th GST Council Meeting: Key Recommendations and What They Mean

Posted by CA Amit Harkhani 14 October 2026 560 Views

Explore the 57th GST Council Meeting’s key recommendations on GST registration, ITC, refunds, penalties, prosecution and compliance reforms, and their impact on taxpayers and businesses.

Taxation of ESOPs in India: From Grant to Exercise and Sale

Posted by Priyanshi Garg 15 October 2026 32 Views

Understand ESOP taxation under the Income-tax Act, 2025, including salary tax on exercise, capital gains on sale, FMV rules, tax rates, startup deferral, and common compliance mistakes.

Tax Deducted at Source (TDS): Common Compliance Failures and Their Tax Consequences

Posted by Priyanshi Garg 14 October 2026 103 Views

Understand the key TDS changes under the Income-tax Act, 2025, including new forms, payment codes, interest, penalties, late fees and prosecution risks. Explore common TDS defaults, compliance deadlines and practical tips to avoid costly errors.

Why Profitable Businesses Face Cash Flow Problems

Posted by Harsimran Kaur 15 October 2026 35 Views

Discover why profitable businesses face cash flow problems despite strong earnings. Learn the causes, warning signs and practical strategies to improve liquidity and working capital management.

Central Bank of India FD Interest Rates October 2026: For General and Senior Citizens

Posted by Chaitra Seetharam 15 October 2026 22623 Views

The Central Bank of India provides fixed deposit plans with interest rates that differ according to the deposited amount and the chosen tenure. As of October 20...

Stock Variation Cannot Become A Confiscation Shortcut

Posted by Raj Jaggi

13 October 2026 53 Views

GSTAT ruled that excess or unaccounted stock found during a survey cannot automatically trigger confiscation under Section 130 of the CGST Act. The Department must follow Sections 73 or 74 for tax determination, and a fine in lieu of confiscation cannot survive without valid confiscation proceedings.