CAclubindia Articles

GST on Corporate Guarantees: Supply Recognised, Valuation Restrained

Posted by Raj Jaggi 20 August 2026 4 Views

Gujarat High Court’s Torrent Power judgment clarifies GST on corporate guarantees, addressing supply without consideration, Rule 28(2) valuation, retrospective taxability, and Section 74 proceedings.

CBDT Targets 394 Entities and 36 CAs: The Form 15CB Wake-Up Call

Posted by efiletax

20 August 2026 14 Views

CBDT targets 394 entities and 36 CAs over suspicious foreign remittances. Learn about Form 15CB, Form 146, CA due diligence, red flags and compliance requirements.

Internal Audit vs Statutory Audit vs Forensic Audit: Which Career Is Better for CAs?

Posted by CA Tushar Makkar 20 August 2026 8 Views

Statutory vs internal vs forensic audit: explore key differences, career scope, salary, skills, and growth prospects to choose the right audit career as a CA.

FnO and Intraday Loss in ITR For AY 2026-27: Know The Rules Before Reporting

Posted by Chaitra Seetharam 19 August 2026 1371 Views

F&O and intraday losses in ITR for AY 2026-27 have different tax treatment. Learn ITR-3 reporting, set-off rules, turnover, carry-forward and tax audit requirements.

Senior Citizen Card 2026: Check Benefits and Who Can Apply?

Posted by Poojitha Raam Vinay 19 August 2026 248103 Views

Learn about the Senior Citizen Card 2026, including eligibility, required documents, application process, key benefits, tax advantages and who can apply in India.

Leasehold Assignment Cannot Be Taxed by Service Labels

Posted by Raj Jaggi 19 August 2026 80 Views

The Supreme Court's dismissal of the Revenue's SLPs in Union of India v. Gujarat Chamber of Commerce and Industry upholds the Gujarat High Court's landmark GST ruling on assignment of long-term leasehold rights in industrial plots.

FAST-DS 2026: Foreign Income and Foreign Asset Disclosure, Taxability & Schedule FA

Posted by CA Varun Gupta 19 August 2026 91 Views

FAST-DS 2026 offers eligible taxpayers a one-time opportunity to regularise specified undisclosed foreign assets and foreign income. Learn about Category A and B, eligibility, tax, fees, valuation, Schedule FA and filing requirement

RBI's New Fixed Deposit Rules: What Changes for Depositors from October 2026?

Posted by Prateek Jain 19 August 2026 2230 Views

RBI's revised FD rules from 1 October 2026 aim to bring greater transparency and uniformity in deposit rates, bulk deposit pricing and disclosure requirements for banks and depositors.

Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples

Posted by Ishwarya Keerthi B 18 August 2026 214492 Views

Understand income tax rules for senior citizens in AY 2026-27, including old vs new tax regime comparison, tax slabs, exemptions, deductions, rebates, advance tax relief, and key benefits for resident senior and super senior citizens.

Do I Have to Report My Crypto in My ITR in India And How Is It Taxed?

Posted by CMA Sajin Odupara

18 August 2026 102 Views

Learn how crypto is taxed in India, including the 30% tax on VDA gains, 1% TDS rules, mandatory ITR disclosure requirements, and the latest CBDT crypto reporting guidelines issued in August 2026. Understand what investors and SMEs need to do to stay compliant.