CAclubindia Articles

GST on Toll-Operate-Transfer Arrangements: Understanding the New Special Procedure and Its Practical Implications

Posted by CA Shanu Agrawal 10 November 2026 33 Views

Explore the GST implications of Toll-Operate-Transfer (TOT) arrangements, including the new toll-collection rights exemption, escrow-linked O&M tax mechanism, applicable GST rates, input tax credit and transitional compliance requirements effective from 1 November 2026.

GST Amendment: New Process To Submit Successfully

Posted by Mitali

10 November 2026 791 Views

Learn the new GST amendment submission process, key steps, required details and common mistakes to ensure successful submission of GST amendment applications on the GST portal.

Bank Guarantee vs Letter of Credit: Which one does your business need?

Posted by Ankush 10 November 2026 29 Views

Understand the key differences between a Letter of Credit (LC) and Bank Guarantee (BG), including their purpose, payment process, types, bank charges, margin requirements, limit calculations and practical examples for businesses.

New Car vs Old Car Insurance Premiums in 2026: What Should Indian Families Budget For?

Posted by CA Ruby Bansal 10 November 2026 148 Views

Compare new car vs old car insurance premiums in 2026. Understand IDV, depreciation, No Claim Bonus, add-on covers and renewal costs to plan your family's car insurance budget wisely.

1 Lakh Interest Per Month: Check Out the Investment Needed? - Post Office MIS vs SBI

Posted by Chaitra Seetharam 10 November 2026 2295 Views

Discover how much investment is required to earn ₹1 lakh monthly interest through Post Office MIS and SBI. Compare interest rates, returns, investment amounts and key features in 2026.

Wrong ITC Reporting Is Not Wrongful Availment but Supplier's Tax Default May Bar Credit

Posted by Raj Jaggi

10 November 2026 33 Views

Incorrect ITC Reporting and Supplier's Tax Default Have Different Legal ConsequencesInput Tax Credit (ITC) is an important feature of GST, but disputes often ar...

Diwali Gifts to Directors and KMPs: A Corporate Governance and Compliance Perspective

Posted by Priyanshi Garg

10 November 2026 53 Views

Understand the Companies Act, income tax and GST implications of gifts given to or received by directors and KMPs, including remuneration, disclosure requirements, conflicts of interest and corporate gifting policy.

Diwali Bonanza or Tax Burden? GST Implications on Corporate Gifts and Freebies

Posted by Priyanshi Garg

09 November 2026 119 Views

Understand the GST and Income Tax implications of Diwali gifts to employees, customers and business associates. Know the GST liability, ITC restrictions, ₹50,000 employee gift limit, TDS under Section 393 and key compliance requirements for businesses.

GSTR-9 vs GSTR-9C: Who Must File Annual GST Returns in 2026?

Posted by Poojitha Raam Vinay 10 November 2026 1907 Views

Every December the same question floods practitioner groups: "Do I file GSTR-9, GSTR-9C, or both?" It is the wrong question. The right one is: "Which turnover b...

CMA Data for a Bank Loan: Format, Forms II to VI and how to prepare it

Posted by Ankush 07 November 2026 155 Views

Learn how to prepare CMA data for bank loans and working capital limits. Explore all six CMA forms (I to VI), MPBF calculations, financial projections and a practical example with step-by-step guidance.