CAclubindia Articles

Section 2(47)(v) & Capital Gains: Determining the Year of Transfer in Property Transactions

Posted by Vivek Jalan 27 April 2026 1297 Views

Understand when capital gains on immovable property are taxable if payments are made in instalments. Learn how possession, not payment or agreement date, determines the year of taxability and indexation, with insights from the Archean Realty Pvt. Ltd. vs DCIT ruling.

End of the Road for Black Money in India

Posted by ANIL JAIN 27 April 2026 219 Views

Explore how black money continues to fuel India's parallel economy despite decades of reforms. This analysis highlights key legislative loopholes - Section 68 of the IT Act and outdated DLC rates.

TDS on Audit Fee for FY 2025-26: Provisions at Year-End

Posted by Yogita 25 April 2026 19436 Views

TDS on provision for audit fees is mandatory under Section 194J if fees is above ₹50,000 for FY 2025-26. Know the rate, due date, penalty for non-deduction and the year-end provision rule.

GST Appeals Revisited: Penalty Demands Pre-Deposit, Interest Still Raises Questions

Posted by Raj Jaggi

25 April 2026 294 Views

No tax demand but still need a pre-deposit? Explore the evolving GST appeal framework, Finance Act 2025 amendments, and why penalty and possibly interest can trigger mandatory deposits before filing appeals.

GST Notice Reply: How to Respond Before It Becomes a Demand

Posted by Hemant Kumar 25 April 2026 2723 Views

Handle GST notices effectively with a clear, timely, and well-documented reply. Learn how to understand notice details, address mismatches, attach proper evidence and avoid common mistakes to resolve issues early and prevent penalties or litigation.

Affiliation Fees Under GST: Relief for Universities or Continuing Litigation?

Posted by Vivek Jalan 25 April 2026 121 Views

The Rajasthan Technical University vs Union of India ruling clarifies that university affiliation fees, being statutory levies, may fall outside GST as they are not "consideration" for business activities, though conflicting views like Bharathidasan University vs Joint Commissioner of GST keep the issue unsettled.

Form 128: New Declaration Form for Applying Lower or Nil Tax Deduction

Posted by Poojitha Raam Vinay

24 April 2026 12107 Views

Form 128 in Income Tax Act 2025 explained. Know lower TDS certificate rules, filing deadlines, required documents and how to avoid excess tax deduction.

India's Online Gaming Revolution: A Complete Guide to the Promotion and Regulation of Online Gaming w.e.f 1st May, 2026

Posted by Bimal Jain 24 April 2026 2026 Views

Comprehensive guide to India's Online Gaming Act 2025 and Rules 2026 covering legal framework, classifications, compliance, penalties and GST impact on gaming businesses and users.

Vague Show Cause Notices Under GST- Invalid By Design

Posted by Raj Jaggi

24 April 2026 208 Views

Explore how a Show Cause Notice forms the foundation of GST adjudication, and why clarity, factual accuracy, and proper disclosure are essential for ensuring fair and legally sustainable tax proceedings.

Rule 21AGA Introduced: Form 10-IEA Mandatory for Switching Tax Regimes from AY 2024-25

Posted by Vivek Jalan 24 April 2026 1101 Views

CBDT Notification 43/2023 introduces Rule 21AGA and Form 10-IEA for switching between old and new tax regimes from AY 2024-25. Learn updated rules on exemptions, perquisites and depreciation under Section 115BAC.