CAclubindia Articles

HUF Income Tax Benefits 2026: How To Reduce Your Tax Legally?

Posted by Ishwarya Keerthi B 14 October 2026 140 Views

IntroductionTax planning is an important part of managing personal and family finances. In India, a Hindu Undivided Family (HUF) can be a useful tax-planning st...

Travel Insurance for Infants and Toddlers: What Parents Should Know

Posted by Aisha 14 October 2026 19 Views

Travel insurance for infants and toddlers can help parents manage unexpected medical emergencies, trip cancellations and travel disruptions. Learn about coverage, benefits, exclusions and key factors to check before choosing a policy for your little one.

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

Posted by Raj Jaggi

14 October 2026 37 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 294 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.

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

Posted by Priyanshi Garg 14 October 2026 74 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.

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

Posted by Chaitra Seetharam 14 October 2026 21682 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 45 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.