CAclubindia Articles

Locked GSTR-3B Era Begins: How ECRS and RCM Validation Is Changing GST Compliance

Posted by Ram Avtar Singh 26 February 2026 6681 Views

Editable GSTR-3B is over. From December 2025, GST portal blocks returns if ITC, ECRS and RCM data don't align. Understand the impact on CFOs, compliance risk and how to prepare for locked GSTR-3B filings.

The Advance Paradox Under GST: Liability Today, Supply in The Distant Future

Posted by Raj Jaggi

26 February 2026 141 Views

Do long-term service contracts qualify as continuous supply under GST? Understand mobilisation advances, receipt vouchers, tax invoices, time of supply under Sections 31 & 13 of the CGST Act, and the Rule 35 back-calculation impact on GST liability and cash flow.

Form 121 Income Tax: New Single TDS Declaration for All Eligible Taxpayers 2026

Posted by Mitali 25 February 2026 59312 Views

Form 121 income tax replaces 15G and 15H for all taxpayers. Know who can file, how to submit and save tax now.

TDS Rules on Cash Withdrawals: Starting From April 2026

Posted by Poojitha Raam Vinay

25 February 2026 399010 Views

Overview Starting 1 April 2026, under the Income Tax Act, 2025 (applicable for FY 2026-27), TDS on cash withdrawals is regulated to promote digital transactions...

MCA Scheme to Waive Additional Fees 2026

Posted by efiletax

25 February 2026 4619 Views

The Ministry of Corporate Affairs introduces Companies Compliance Facilitation Scheme 2026 (CCFS-2026), offering a one-time amnesty with up to 90% relief on additional ROC filing fees, reduced strike-off and dormant fees, and immunity from prosecution. Valid from 15 April to 15 July 2026.

Advance Today, Export Deferred: Section 2(6) With FEMA Undercurrents

Posted by Raj Jaggi

25 February 2026 136 Views

Under the Integrated Goods and Services Tax Act, 2017, can advance foreign payment alone qualify as export of services? Analysing Section 2(6), time of supply, and FEMA implications through the Shreyans Ltd. case study.

GST on Free Warranty Repairs: No Tax? Full Legal Explanation with Procedures

Posted by Ram Avtar Singh 25 February 2026 697 Views

GST treatment of warranty repairs and replacements explained with reference to Circular No. 195/07/2023-GST and Circular No. 216/10/2024-GST, covering ITC, off-site repair procedures, distributor scenarios, extended warranty taxation and Rule 55 delivery challan requirements.

Agricultural Land to Layout Development: Capital Gain, Business Income & GST Explained

Posted by efiletax

25 February 2026 571 Views

Understand tax implications of converting agricultural land into residential plots - capital gains vs business income, ITR filing, Section 45(2), GST applicability, valuation rules and key mistakes to avoid for real estate investors.

List Of High-Value Transactions Under New Section 508: Starting From April 2026

Posted by Mitali 24 February 2026 1873 Views

Section 508 replaces 285BA starting from April 2026. Check the new SFT limits for cash deposits, credit cards, property, insurance and investments.

Rule 14A Withdrawal Option Now Available on GST Portal

Posted by Mitali 24 February 2026 1885 Views

Taxpayers may choose to withdraw from the Simplified Registration Scheme under Rule 14A of the CGST Rules, 2017 which was effective from 1st November 2025 and m...