CAclubindia Articles

Circular Trading, Fake ITC And Penalty Under Section 122 Of The CGST Act

Posted by Raj Jaggi

21 May 2026 6115 Views

The Madras High Court in TVL. Sam Enterprises & Ors. explains how alleged circular trading, fake invoicing, and artificial GST turnover can attract heavy penalties under Section 122 of the CGST Act. Understand the Court's view on proportionality, fake ITC, writ jurisdiction, and statutory appellate remedies in this landmark GST judgment.

Old vs New Tax Regime 2026: What Is the Break-Even Point and How It Determines Your Tax Choice

Posted by Diksha Chawla 21 May 2026 1384 Views

Confused between old vs new tax regime for FY 2026-27? Understand the break-even point, salary-wise deduction limits, tax-saving calculations, and find out which regime is better for salaried professionals in India.

ITR Forms for Senior Citizens in AY 2026-27: Read This Before You Choose

Posted by Poojitha Raam Vinay

21 May 2026 2097 Views

ITR Form for Senior Citizens AY 2026-27- Are you confused about which ITR to choose. Find the right ITR form based on pension, salary, capital gains and other income sources.

Public Provident Fund Scheme 2026: With Latest Interest Rate And Tax Rules

Posted by Poojitha Raam Vinay

21 May 2026 9719 Views

PPF Interest Rate 2026: Check latest PPF interest rate for FY 2026-27, tax benefits, withdrawal rules, eligibility, maturity, loan facility, Section 80C deductions and complete Public Provident Fund guide for safe long-term investment planning in India.

GST arrest valid despite non-supply of exact reasons to believe

Posted by Raj Jaggi

21 May 2026 138 Views

Explore how GST litigation is shifting from tax disputes to constitutional questions of arrest, liberty, and procedural fairness. A detailed analysis of the Gujarat High Court ruling in Keyur Jeyendrabhai Patel v. State of Gujarat & Others and its impact on GST arrest powers under Section 69 of the CGST Act.