CAclubindia Articles

Charitable Trusts under the Income Tax Act, 2025: A Practitioner's Map of Part B of Chapter XVII (Sections 332 to 355)

Posted by Abhay

06 June 2026 8030 Views

The Income-tax Act, 2025 has completely overhauled the taxation framework for charitable trusts and non-profit entities. Learn about the new RNPO regime, Section 332 registration, the 85% application rule, Section 354 approval, accreted income tax, and key compliance changes every CA must understand.

Why Traditional Accounting Skills Alone Are No Longer Enough

Posted by Simandhar Education 06 June 2026 158 Views

Discover why traditional accounting skills alone are no longer enough in 2026. Learn how global certifications, AI fluency, and data analytics are shaping the future of accounting careers in India.

How Virtual CFO Services Help SMEs and Growing Businesses Improve Financial Control, Compliance, Cash Flow and Business Growth

Posted by CA Varun Gupta

06 June 2026 87 Views

Learn what a Virtual CFO is, how it differs from traditional accounting, and why businesses need strategic financial oversight. Discover how Virtual CFO services improve cash flow, compliance, MIS reporting, profitability, internal controls, and business decision-making while providing CFO-level expertise at a cost-effective price.

FD Interest Rates for 444-Day Special Scheme 2026: Check Which PSU Bank Offers Highest Return?

Posted by Poojitha Raam Vinay

05 June 2026 53368 Views

Are you planning to invest in a 444-day special FD - Discover which PSU bank offering the highest return - compare SBI, PNB, BoB and other PSU banks to find which offers the highest returns.

Windfall Tax: What Is It and Why Is Everyone Talking About It?

Posted by Ishwarya Keerthi B 05 June 2026 1264 Views

Understand what a windfall tax is, why governments impose it on extraordinary corporate profits, how it works, India's approach, and the ongoing debate over economic fairness, investment, and public welfare.

When Healthcare Services Is the Substance, GST Cannot Follow the Label

Posted by Raj Jaggi

05 June 2026 214 Views

The Karnataka High Court in M/s Healthcare Global Enterprises Ltd. v. ACCT held that healthcare services cannot be taxed as business support services merely due to revenue-sharing arrangements. The ruling reaffirms GST exemption for genuine medical treatment, emphasizes substance over form, protects patient affordability and quashes GST demands raised on exempt healthcare services.

Supreme Court: Banning the Online Money Gaming is within the States' Power

Posted by Bimal Jain 05 June 2026 429 Views

Explore the Supreme Court's landmark ruling in State of Tamil Nadu v. Junglee Games (2026), holding that GST and regulatory provisions apply to betting and gambling whenever money is staked on an uncertain outcome, irrespective of whether the underlying game involves skill or chance. Detailed legal and GST analysis.

What is a Tax Residency Certificate (TRC) and how can it be obtained in India?

Posted by CA Umesh Kumar Jethani 05 June 2026 299 Views

Learn how a Tax Residency Certificate (TRC) helps residents and NRIs claim DTAA benefits, avoid double taxation, and prove tax residency. Understand the application process, required documents and tax relief provisions in India.

Rule 42 and Rule 43 of CGST Rules: How to Avoid GST Notices on Proportionate ITC Reversal

Posted by CA Varun Gupta

05 June 2026 5650 Views

Understand Rule 42 and Rule 43 of GST with practical examples, formulas, ITC reversal calculations, GSTR-3B reporting, annual adjustments, common audit mistakes, and compliance requirements for inputs, input services, and capital goods

Supreme Court on GST & Online Gaming: Tax Applies on Betting and Gambling Irrespective of Skill or Chance

Posted by Bimal Jain 04 June 2026 1077 Views

The Supreme Court's landmark Gameskraft ruling holds that GST applies on online gaming, fantasy sports, and casino transactions involving money stakes, regardless of whether the game is based on skill or chance. Learn the key legal and tax implications.