CAclubindia Articles

CBDT Interest Waiver under Section 201(1A)(ii)/206C(7): Time-Bound Relief for TDS/TCS Defaults Due to Technical Glitches

CA Varun Gupta 28 July 2025 at 08:30

This article analyses the legal framework, compliance requirements, and strategic roadmap for deductors/collectors and tax professionals to utilise this waiver facility effectively.

Section 54F Disqualification Due to Under-Construction Flats: A Legal and Practical Analysis

CA. Bhavik P. Chudasama 26 July 2025 at 17:15

This article addresses one such complex case involving multiple jointly owned residential properties and under-construction units, with specific focus on whether exemption under Section 54F can still be claimed.

Pvt Ltd Setup After July 14? Read This Before Appointing a Chartered Accountant

Mitali 26 July 2025 at 16:20

Pvt Ltd company compliance alert! CA appointment now needs ADT-1 filing within 15 days, with Rs. 300 challan from 14 July 2025.

Corporate Governance Requirements for NCD Listed Companies - Part B

Affluence Advisory 26 July 2025 at 08:34

This section aims to bridge the gap between the regulatory provisions and their application in day-to-day corporate governance practices.

Finance Minister Urges Swift Disposal of Tax Disputes and Litigation Backlog

Mitali 25 July 2025 at 16:44

FM Nirmala Sitharaman urges swift resolution of tax disputes, highlights timely execution over policy and praises CBDT’s streamlined tax bill reform.

Received Rs 5 Lakh in FY 24-25 from LIC Jeevan Labh: Do I Need To Pay Tax in AY 25-26?

Poojitha Raam Vinay 25 July 2025 at 15:58

Understand the taxability of LIC Jeevan Labh maturity benefits under Section 10(10D) of the Income Tax Act. Learn how the issue date, annual premium amount and recent Rs 5 lakh limit affect tax exemption.

Your Cash, Your ITR: Rules for Withdrawals and Deposits with Reconciliation Strategy

Mitali 25 July 2025 at 13:30

Learn how cash withdrawals impact your ITR and when disclosure is necessary to avoid income tax cases, with insights on AI scrutiny and compliance for various income types.

CBDT Circular 9/2025: PAN-Aadhaar Linking Relief for TDS/TCS Defaults Explained

CA Varun Gupta 25 July 2025 at 08:36

This Circular aims to address a recurring grievance wherein system-generated demands were raised under Sections 200A and 206CB of the Income-tax Act, 1961, for short deduction or short collection of tax, even though the deductee's/collectee's PAN became operative shortly after the transaction

Key Statutory Compliance Areas to Cover in a Statutory Audit

Abhishek Musaddi 25 July 2025 at 08:30

Explore a comprehensive statutory audit checklist for India covering key laws, rules, and sector-specific regulations including Companies Act, GST, Income Tax & more.

Corporate Governance Requirements for NCD Listed Companies - Part A

Affluence Advisory 25 July 2025 at 08:27

In this article, we’ll explore the key governance and compliance rules that apply specifically to NCD-listed companies. We’ll also look at how SEBI is tightening oversight in this area and what companies can do to stay compliant.