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Articles by CA Varun Gupta

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Taxation of Cryptocurrency Trading in India: Current Law and Post-Budget 2026 Position

Posted by CA Varun Guptapro badge 14 March 2026 6048 Views

A comprehensive guide to cryptocurrency taxation in India covering Budget 2026 crypto reporting changes, 30% VDA tax under Section 115BBH, 1% TDS under Section 194S, Schedule VDA reporting, allowable deductions, and key compliance tips for crypto traders and investors filing ITR.



Income Tax Stay of Demand under Section 220(6): Budget 2026 Proposal to Reduce Pre-Deposit from 20% to 10%

Posted by CA Varun Guptapro badge 12 March 2026 1566 Views

Budget 2026 proposes reducing the upfront payment for stay of income-tax demand from 20% to 10% of core tax demand. Learn the legal position, practical implications, and how taxpayers can seek relief during pending appeals.



ITR-U After Reassessment Notice? Budget 2026 Proposal Explained with Tax Cost & Penalty Protection

Posted by CA Varun Guptapro badge 07 March 2026 5290 Views

Finance Bill 2026 proposes allowing ITR-U filing after a Section 148 notice, offering taxpayers a compliance route during reassessment. Understand the pros, costs, additional tax burden, and penalty relief under Sections 139(8A), 140B, and 270A before deciding between settlement and litigation.



ITR-U Under Finance Bill 2026 Explained: Loss Adjustment, Section 148 Filing and Penalty Relief

Posted by CA Varun Guptapro badge 06 March 2026 1289 Views

Union Budget 2026 proposes key changes to the ITR-U (Updated Return) framework under the Income-tax Act, 1961, allowing reduction of losses, permitting filing after Section 148 notices, introducing an additional 10% levy, and granting penalty protection under Section 270A.



Finance Bill 2026 Proposes Section 147A to Clarify Assessing Officer Jurisdiction for Notices u/s 148 & 148A

Posted by CA Varun Guptapro badge 16 February 2026 916 Views

Understand proposed Section 147A in Finance Bill 2026, a retrospective clarification on who qualifies as "Assessing Officer" for Sections 148 & 148A notices, addressing JAO vs NaFAC/AU jurisdiction and ensuring legal alignment.



Section 292BA in Finance Bill 2026: End of DIN-Based Assessment Challenges?

Posted by CA Varun Guptapro badge 14 February 2026 904 Views

Union Budget 2026 proposes Section 292BA to retrospectively validate assessment orders with DIN-quoting defects from 1 October 2019. With CBDT advising adjournments in pending cases, explore how this amendment could reshape ongoing DIN-related tax litigation.



Online Condonation of Delay for Form 9A, Form 10, Form 10B & Form 10BB: Portal Process, Rules and Key Pitfalls

Posted by CA Varun Guptapro badge 06 February 2026 952 Views

The Income-tax Department has enabled an online Condonation Request module for statutory forms like Form 9A, 10, 10B and 10BB. This guide explains the legal framework, step-by-step portal process, authority limits, documentation checklist and key reasons applications get rejected.



Union Budget 2026: Customs & Trade Facilitation Amendments - Topic-wise Summary with Key Changes (Before vs After)

Posted by CA Varun Guptapro badge 04 February 2026 195 Views

Union Budget 2026 GST & IGST amendments explained with section-wise analysis, before–after comparison, effective dates, and practical impact on taxpayers and professionals.



Simplified GST Changes in Budget 2026: Finance Bill 2026 CGST and IGST Amendments

Posted by CA Varun Guptapro badge 03 February 2026 2129 Views

Budget 2026 proposes key GST and IGST amendments via Finance Bill 2026, covering post-sale discounts, credit notes, refunds, advance rulings and intermediary POS rules.



Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals

Posted by CA Varun Guptapro badge 02 February 2026 1916 Views

Topic-wise summary of key Direct Tax proposals in Union Budget 2026, covering Income-tax Act 2025, compliance simplification, TDS/TCS changes, penalties, capital markets, and global tax reforms.




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