CAclubindia Articles

Section 87A and Section 156 Rebate Explained: Why Tax May Still Be Payable Below Rs 12 Lakh

Posted by CA Varun Gupta

02 June 2026 30 Views

Why are some taxpayers receiving tax demands despite income below Rs 12 lakh? Learn how Section 87A rebate works, the role of Section 156, and situations where tax may still be payable.

New E-Way Bill changes that every taxpayer must be aware!

Posted by CA Umesh Sharma 02 June 2026 22 Views

GSTN introduces major E-Way Bill changes from May 2026, including mandatory Ship To GSTIN details and a voluntary E-Way Bill Closure Facility. Learn the new compliance requirements, benefits and impact on businesses under GST.

Best Investment Options for Senior Citizens in June 2026 With Tax Benefits

Posted by Chaitra Seetharam 01 June 2026 1396 Views

Discover the best tax-saving investment options for senior citizens in June 2026. Compare SCSS, tax-saving FDs, NPS, and ELSS funds to earn higher returns, claim deductions under Sections 80C, 80CCD(1B), 80TTB, and 80D, and secure a comfortable retirement.

Tax Implications on Rs 50 Lakh Income for AY 2026-27

Posted by Ishwarya Keerthi B 01 June 2026 3008 Views

Calculate income tax on ₹50 lakh salary for AY 2026-27 under the new and old tax regimes. Compare tax liability, surcharge impact, deductions, and smart tax-saving strategies to choose the most beneficial regime.

How to Avoid Higher Circle Rate Addition When Agreement Date Is Earlier Than Registration Date

Posted by CA Varun Gupta

01 June 2026 509 Views

Learn how agreement-date stamp duty value can be adopted instead of registration-date value under Sections 50C, 43CA, and 56(2)(x). Understand payment conditions, 110% safe harbour, buyer-seller implications, practical examples, and key judicial rulings.

ESOP Compliance for Indian Startups: Complete Guide to ROC, Tax, Ind AS 102 & FEMA

Posted by sanyam goel 01 June 2026 30 Views

Learn the complete ESOP compliance process for Indian startups, including scheme drafting, MGT-14, SH-6, PAS-3 filings, FMV valuation, Ind AS 102 accounting, TDS on exercise, DPIIT startup benefits, and FEMA requirements. A practical guide for founders, CAs, CS professionals and startup advisors.

Section 69A Explained: SC Rules Bitumen Cannot Be Treated as a Valuable Article for Tax Additions

Posted by Vivek Jalan 01 June 2026 22 Views

The Supreme Court in the D.N. Singh case held that bitumen cannot be treated as a "valuable article" under Section 69A of the Income Tax Act. The judgment clarifies that only high-priced articles commanding a premium value qualify for tax additions under the provision, significantly limiting its scope.

SBI Monthly Income Scheme June 2026: Apply Online From Home For Best Return

Posted by Mitali 30 May 2026 31295 Views

Learn about the SBI Monthly Income Scheme through Fixed Deposits, including latest interest rates, eligibility, online account opening process, monthly income calculation, tax implications, premature withdrawal rules, and benefits for retirees and conservative investors seeking regular income.

31 May 2026 GST Alert: One Mistake Could Cost You 18% Tax Instead of 1%

Posted by Niyati 30 May 2026 2241 Views

GST taxpayers must stay alert: one compliance lapse could trigger an 18% tax rate instead of 1%, leading to major financial consequences.

Transfer Of Leasehold Rights Outside The Ambit Of GST: The Continuing Relevance Of Benefits Arising Out Of Land

Posted by Raj Jaggi

30 May 2026 102 Views

When GST Reached the Doorstep of Property LawThe introduction of the Goods and Services Tax marked one of the most ambitious indirect tax reforms in India. The ...