CAclubindia Articles

Leasehold Assignment Cannot Be Taxed by Service Labels

Posted by Raj Jaggi 19 August 2026 127 Views

The Supreme Court's dismissal of the Revenue's SLPs in Union of India v. Gujarat Chamber of Commerce and Industry upholds the Gujarat High Court's landmark GST ruling on assignment of long-term leasehold rights in industrial plots.

FAST-DS 2026: Foreign Income and Foreign Asset Disclosure, Taxability & Schedule FA

Posted by CA Varun Gupta 19 August 2026 156 Views

FAST-DS 2026 offers eligible taxpayers a one-time opportunity to regularise specified undisclosed foreign assets and foreign income. Learn about Category A and B, eligibility, tax, fees, valuation, Schedule FA and filing requirement

RBI's New Fixed Deposit Rules: What Changes for Depositors from October 2026?

Posted by Prateek Jain 19 August 2026 7553 Views

RBI's revised FD rules from 1 October 2026 aim to bring greater transparency and uniformity in deposit rates, bulk deposit pricing and disclosure requirements for banks and depositors.

Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples

Posted by Ishwarya Keerthi B 18 August 2026 215092 Views

Understand income tax rules for senior citizens in AY 2026-27, including old vs new tax regime comparison, tax slabs, exemptions, deductions, rebates, advance tax relief, and key benefits for resident senior and super senior citizens.

Do I Have to Report My Crypto in My ITR in India And How Is It Taxed?

Posted by CMA Sajin Odupara

18 August 2026 121 Views

Learn how crypto is taxed in India, including the 30% tax on VDA gains, 1% TDS rules, mandatory ITR disclosure requirements, and the latest CBDT crypto reporting guidelines issued in August 2026. Understand what investors and SMEs need to do to stay compliant.

Which Tax Changes have given Financial Freedom to Taxpayers and which have restricted it?

Posted by CA Umesh Sharma 18 August 2026 129 Views

On India's 80th Independence Day, explore how recent Income Tax and GST reforms have increased taxpayer freedom through simplification and relief while introducing stricter digital compliance, transparency and enforcement measures.

Provision For Income Taxes: How to Record and Adjust in Tally?

Posted by Mitali 17 August 2026 1492 Views

Learn the complete accounting treatment of income tax, including advance tax, TDS receivable, tax provision, CPC adjustments, and income-tax refund entries in Tally Prime.

Income Tax Refund Status for AY 2026-27: How to Check Online?

Posted by Ishwarya Keerthi B 17 August 2026 113544 Views

Check Income Tax Refund Status for AY 2026-27 online. Learn how to track your refund, understand refund issued, adjusted or failed status, common delay reasons, and steps to resolve refund issues.

Advance Tax Due Dates For FY 2026-27

Posted by Chaitra Seetharam 17 August 2026 4575 Views

Advance Tax 1st Installment 2026: Know who is required to pay, how much tax needs to be paid to avoid interest penalties under the Income Tax Act 2025.

Tax Audit Under Section 44AB For AY 2026-27: Latest Rules with Due Date, Forms and Penalty

Posted by Chaitra Seetharam 17 August 2026 15447 Views

Section 44AB of the Income Tax Act is the foundational provision for tax compliance among businesses and professionals in India, as it mandates a compulsory tax...