CAclubindia Articles

TDS & TCS Rate Chart for FY 2026-27: Updated Rates, Thresholds & New vs Old Sections

Posted by CA Piyush Agarwal 06 April 2026 17425 Views

Updated TDS & TCS Rate Chart for FY 2026-27 with new vs old sections, rates, thresholds and key provisions effective from 1 April 2026.

Beyond the Numbers: Evaluating Earnings Quality vs Reported Profits

Posted by Archita Jain 06 April 2026 101 Views

Explore the concept of earnings quality and why reported profits alone are not enough for business valuation. Learn how cash flows, accruals, governance and regulatory frameworks in India shape reliable financial analysis and investment decisions.

180 Days and the Interest Controversy: From date of availment or 181st day?

Posted by Raj Jaggi

06 April 2026 562 Views

The 180-day payment condition under Section 16(2) of the CGST Act mandates reversal of Input Tax Credit (ITC) with interest if supplier payments are delayed. Learn its scope, Rule 37 mechanism, interest implications and practical compliance strategies.

Advances Audit in Bank Branch - What the Regulations Say That Practice Often Misses

Posted by CA Pardeep Tayal 06 April 2026 844 Views

A practical guide to bank branch audit of advances under RBI IRAC 2025 and ICAI Guidance Note 2026. Learn key NPA classification rules, CBS manipulation risks, provisioning triggers and critical audit red flags every auditor must check.

Understanding Transitional Provisions to Income Tax Act 2025 (ITA25) from Income Tax Act 1961 (ITA61)

Posted by Vivek Jalan 06 April 2026 281 Views

A complete guide to the transition from the Income Tax Act, 1961 to the Income Tax Act, 2025 effective 1 April 2026. Understand key compliance changes, TDS/TCS timelines, return filing rules, carry-forward provisions and critical action points for taxpayers.

Public Provident Fund Scheme 2026: Turn 1.5 Lakh a Year into 66.58 Lakh

Posted by Mitali 04 April 2026 49491 Views

Build a secure, tax-free corpus with PPF, enjoy government-backed safety, 7.1% interest, ₹1.5 lakh yearly investment benefits and long-term wealth creation up to ₹66.58 lakh with compounding.

Fee Collection Vs Service Supply: A GST Conundrum

Posted by Raj Jaggi

04 April 2026 335 Views

When centralised fee collection meets decentralised training, GST raises a key question, who is the real supplier? Explore supplier identification, invoicing and ITC implications in this practical analysis.