CAclubindia Articles

Is Your STCG Blocking Your Section 87A Rebate?

Chaitra Seetharam 24 November 2025 at 10:40

Understanding Section 87A can be confusing when Short-Term Capital Gains (STCG) are involved. While the rebate eliminates tax for income up to Rs 7 lakh under the new regime, STCG taxed at special rates often causes mistaken tax demands.

Adjustment versus Refund of Excess GST Paid: Legal Position under Sections 39(9) and 54 of the CGST Act, 2017

Raj Jaggi 24 November 2025 at 10:13

Discover how excess GST paid in previous years can be handled under the CGST Act, 2017. Understand limitations on rectifying past returns, why adjustments against current liabilities are not permitted, and how refunds under Section 54(1) and constitutional protections under Article 265 provide the only legal remedy for taxpayers who detect overpayments belatedly.

The Great Indian Remittance Shift: Why Education Financing Defied the TCS Crunch in July 2025

Affluence Advisory 24 November 2025 at 06:22

RBI's July 2025 LRS data shows an 11% remittance decline driven by higher TCS on travel and investments, even as education flows surged. Key insights and strategies.

How to Fix AIS Mismatch While Filing Your Income Tax Return: Simple Guide (AY 2025-26)

Karthik Annaram 24 November 2025 at 06:22

Facing AIS mismatch while filing ITR? Learn the common causes, how to fix errors using AIS feedback, and when to revise your return to avoid tax notices.

Contesting disproportionate fines and penalties under Customs

Vivek Jalan 24 November 2025 at 06:22

Fines and penalties under Customs can be disproportionate and may need to be contested. However, to contest these, more is required to be done than merely citin..

Few Mistakes Blocking Your ITR Processing

Mitali 22 November 2025 at 14:25

Is your ITR stuck? Check these may be the filing errors that are stopping your refund.

Anger Management: The Hidden Superpower of Truly Successful Professionals, Especially CAs - Part 1

Raj Jaggi 22 November 2025 at 09:38

Discover why anger is a natural human response, not a weakness. Learn how professionals can understand triggers, regain control, and turn emotion into inner strength.

From 40+ Laws to 4: New Labour Codes Take Effect from 21st Nov 2025

CS Lalit Rajput 22 November 2025 at 09:22

India implements all four Labour Codes from November 21, 2025, replacing 29 central labour laws with a unified framework to ensure universal social security, minimum wages for all, improved worker rights, and simplified compliance for businesses.

GST Notice Service Under Section 169: When Does Portal Upload Become Insufficient?

Vivek Jalan 22 November 2025 at 06:33

The Madras High Court set aside a GST assessment after finding that portal-only notice service was ineffective. Learn what Section 169 mandates, why repeated portal notices aren't enough, and how taxpayers can avoid ex parte orders amid upcoming pre-deposit requirements.

Decoding GSTR-9: Understanding Applicability, Exemptions and Key Compliance Points

AISHWARYA PAWAR 22 November 2025 at 06:33

A clear and concise guide to GSTR-9 for FY 2024-25. Understand who must file, exemptions, due dates, late fees, key checks before filing, and the difference between GSTR-9 and GSTR-9C.