CAclubindia Articles

Inventory Valuation: Precautions for Year ending 31st March 2026

CMA Navneet Kr Jain 24 March 2026 at 09:38

A comprehensive analysis of inventory valuation under the Income-tax Act, 2025, covering Section 277, independent valuation under Section 268(5)(ii), ICDS compliance and reporting through Form 101 and Form 26.

12AB and 80G Renewal Not Granted: Legal Remedies Where the Application Is Pending, Rejected or Filed Late

CA Varun Gupta 24 March 2026 at 09:38

Understand what to do if Section 12AB registration or 80G approval is not renewed. Explore remedies for pending, rejected, or delayed applications, condonation options, appeal timelines, and practical steps to safeguard tax exemption and donor benefits.

Senior Citizen Saving Scheme: Benefits and Rules For 2026

Poojitha Raam Vinay 23 March 2026 at 15:34

Senior Citizen Savings Scheme 2026 explained - Check latest interest rate, tax benefits, eligibility, age and investment limits, maturity period, premature closure rules, nomination, and comparison with other savings options.

New PAN Rules Starting From April 2026: Stricter Verification, Updated Forms with Fees and Limits of Financial Activities

Mitali 23 March 2026 at 13:59

Big changes in PAN rules starting from April 2026 - stricter verification, updated forms, annual transaction tracking and key changes explained simply.

FSSAI Mandates Registration For Milk Producers And Vendors

CS Lalit Rajput 23 March 2026 at 10:34

The Food Safety and Standards Authority of India has mandated registration or licensing for independent milk producers and vendors through its March 11, 2026 advisory, aiming to curb adulteration and enhance food safety.

12% or 18%? The GST Royalty Dilemma

Raj Jaggi 23 March 2026 at 09:48

A practical GST insight on royalty payments to authorsexploring classification, reverse charge mechanism and why the correct rate is 18%, not 12%.

India Liberalizes FDI from Land-Border Nations: ESOPs Now Accessible for NRIs and Overseas Firms

Affluence Advisory 23 March 2026 at 09:40

India eases FDI rules under Press Note 3 (2026), introducing a 10% beneficial ownership threshold, faster approvals, and ESOP flexibility for investors from land-border countries like China and Hong Kong boosting cross-border investments and startup growth.

TDS Demand Still Showing Due to Inoperative PAN? What to Do If No CBDT Relief Applies

CA Varun Gupta 23 March 2026 at 09:40

Understand how inoperative PAN due to non-linking with Aadhaar can trigger higher TDS/TCS demands under Sections 206AA/206CC. This detailed guide explains the complete CBDT framework, key circulars, relief conditions, and practical remedies including correction, rectification, grievance and appeal options for affected taxpayers.

Deductions Allowed to Salaried Individuals under New Tax Regime For FY 2026-27

Chaitra Seetharam 21 March 2026 at 16:55

Union Budget 2026 keeps the New Tax Regime unchanged for FY 2026-27. Check allowed deductions like Rs 75,000 standard deduction, employer NPS benefits, Section 87A rebate, tax-free threshold up to Rs 12.75 lakh and updated income tax slabs.

Can a Company Hold AGM Now for Past Years and Take Benefit of the CCFSS Scheme?

CS Divesh Goyal 21 March 2026 at 10:28

Under MCA's CCFSS Scheme, companies can now hold delayed AGMs for past years, file pending AOC-4 & MGT-7 with up to 90% fee waiver, but default under Section 96 persists, requiring compounding for penalties under Section 99