CAclubindia Articles

Pre 1st April 2025 ISD Non-Compliance Cannot Defeat Bona Fide ITC

Posted by Raj Jaggi

15 June 2026 8 Views

The Kerala High Court's ruling in Intertek India Pvt. Ltd. vs ACCT clarifies that for the pre-01.04.2025 period, genuine Input Tax Credit cannot be denied merely due to the absence of ISD registration when tax was paid under reverse charge, services were used for business, and no revenue loss occurred.

Buying Home Loan Insurance with Home Loan is not compulsory

Posted by FCS Deepak Pratap Singh 15 June 2026 45 Views

Buying home loan insurance along with a home loan is not mandatory in India. Learn RBI and IRDAI guidelines, understand the difference between home loan insurance and home insurance, and discover why a term insurance plan may be a more flexible and cost-effective option to protect your family and loan liabilities.

Top 5 Mistakes Taxpayers Make While Filing Income Tax Return (ITR)

Posted by Sumit Yadav 15 June 2026 36 Views

From selecting the wrong ITR form to skipping AIS reconciliation, learn the most common income tax return filing errors and ensure a smooth, error-free compliance process.

The Complete Guide to Virtual CFO Services for Indian SMEs

Posted by CA CS Nilay Shah 15 June 2026 8 Views

Learn what a Virtual CFO does, how much it costs, and why Indian SMEs are increasingly using outsourced CFO services for financial planning, growth and profitability.

Complete ITR Filing Guide for Private Limited Companies & Startups for AY 2026-27

Posted by CA Sundram Gupta, FCA 15 June 2026 26 Views

AY 2026-27 ITR-6 filing explained for companies and startups: applicable tax law, return due dates, advance tax, director salary planning, startup tax incentives and common mistakes to avoid.

Latest Changes in ITR-1, ITR-2 & ITR-4 for AY 2026-27: A Detailed Analysis

Posted by CA.Sangam Aggarwal 15 June 2026 32 Views

Discover the latest ITR changes for AY 2026-27, including new tax slabs, Rs 60,000 rebate under Section 87A, revised disclosures, and simplified return filing rules.

Curative Petition In GST Litigation: When Finality Becomes A Rule Of Justice

Posted by Raj Jaggi

13 June 2026 113 Views

The Supreme Court's Sriba Nirman judgment highlights the strict limits of curative petitions, GST Section 74 penalties, wilful suppression, compliance obligations, and the importance of finality in tax litigation.

Post Office Savings Account Interest Rate 2026: Is It Better Than a Bank Savings Account?

Posted by Ishwarya Keerthi B 13 June 2026 79612 Views

Compare Post Office Savings Account vs Bank Savings Account in 2026. Learn about interest rates, tax implications, safety, digital banking features and which option suits your financial goals best.

ESOP Compliance Checklist for Private Limited Companies: Companies Act, Tax & Ind AS 102

Posted by CA Akhil Kumar

13 June 2026 133 Views

A comprehensive practitioner's guide to ESOPs in Private Limited Companies covering Rule 12 compliance, option pool structuring, cap table impact, Ind AS 102 accounting, employee taxation, Section 192(1C) deferment, and key legal distinctions between ESOPs and sweat equity.

No Surviving Tax Demand, No Surviving Prosecution: The Principle Behind Quashing Criminal Proceedings

Posted by Raj Jaggi

13 June 2026 75 Views

Punjab & Haryana High Court rules that criminal prosecution under Central Excise law cannot continue after CESTAT exonerates the assessee on merits. Explore the judgment's implications for tax litigation, company directors and GST prosecutions.