CAclubindia Articles

Pay Zero Income Tax on Rs.24 Lakh: Tax Secret For Freelancers

Yogita 11 March 2026 at 13:18

Freelancers in India can use presumptive taxation u/s 44ADA to simplify taxes and potentially pay zero tax on Rs.24 Lakh revenue.

Who holds the power to adjudicate under GST? Insights from Circular No. 254

Raj Jaggi 11 March 2026 at 10:44

CBIC Circular No. 254/11/2025-GST clarifies the designation of "proper officers" under the CGST Act, prescribing monetary limits and jurisdiction for issuing show-cause notices, adjudication, penalties under Section 122, and pre-SCN communication under Rule 142(1A).

GST in Kerala: A Practical Guide for Businesses

TKM Associates 11 March 2026 at 07:19

Understand GST in Kerala, including registration limits, GSTIN, return filing, input tax credit, compliance rules and benefits for businesses across sectors.

Freezing of Personal Assets of Directors for GST Liability of the Company

CA AMANDEEP SINGH 11 March 2026 at 07:19

Can GST authorities freeze directors' personal bank accounts for company tax dues? Check the legal limits under the CGST Act, key court rulings, Sections 79, 83, and 89 and remedies available to directors against unlawful attachment.

Bank Transaction Limits to Watch from April 2026

Poojitha Raam Vinay 10 March 2026 at 11:42

From April 2026, taxpayers should be aware of important banking thresholds that may trigger reporting or scrutiny.

The Rs 70 Lakh Number Plate: GST Implications On Premium Vehicle Registration Numbers

Raj Jaggi 10 March 2026 at 10:16

Buying a fancy vehicle number like DL-0001 can cost up to Rs 70 lakh. Learn the GST implications, reverse charge mechanism (RCM), input tax credit rules and accounting treatment when premium registration numbers are purchased for luxury cars.

9 Key Highlights of Maharashtra State Budget 2026-27

CA Umesh Sharma 10 March 2026 at 06:58

A simple breakdown of the Maharashtra State Budget 2026–27 presented by Devendra Fadnavis, covering welfare schemes, infrastructure spending, farmer relief, EV incentives, rural development and key takeaways for businesses and citizens.

How to Claim TDS Refund on Google Ads in India

Deelip Kushwaha 10 March 2026 at 06:58

Learn how to claim TDS reimbursement on Google Ads in India. Step-by-step guide covering 2% TDS under Income Tax Act, 1961, Form 16A submission, documents required, deadlines and how to receive ad credits.

Cash Transaction Limits Under The Income Tax Act 2025: With Related Sections and Penalties

Mitali 09 March 2026 at 15:50

Latest cash transaction limits in India. Avoid heavy penalties on cash sales, property deals, loans and gifts under the Income Tax Act 2025.

Tran-1 Transitional credit under GST - Can dual audits defeat statutory limitation?

Raj Jaggi 09 March 2026 at 09:05

Understand whether State GST authorities can question transitional input tax credit already examined by Central GST officers. This article explains the legal framework of Section 140, Rule 117, limitation under Sections 73 & 74, and key judicial rulings through the case study of Aayra Ltd. under the GST regime.