CAclubindia Articles

The Thin Line Between "Supply For Export" And "Export Of Goods" Under GST

Posted by Raj Jaggi

25 March 2026 1220 Views

Not every supply linked to foreign movement qualifies as an export under GST. The Andhra Pradesh High Court clarifies that only the transaction directly causing goods to leave India earns zero-rated export status, highlighting the crucial distinction between "supply for export" and "export of goods."

Globalising Your Portfolio: Navigating FEMA, LRS and ODI for Startup Investments

Posted by Affluence Advisory 25 March 2026 91 Views

Explore how Indian residents can invest in global startups in 2026 using LRS and ODI routes. Understand limits, TCS rules, compliance steps, and FEMA regulations to build a secure and diversified international investment portfolio.

New Income Tax Official Website: What Changes from April 2026?

Posted by Mitali 24 March 2026 773 Views

Explore the New Income Tax Act 2025 replacing the 1961 law from April 1, 2026. Access section-wise provisions, compare old vs new Act, download PDFs, and use updated forms, FAQs, circulars, and guidance notes on the official portal.

Form No 2 of IT Rules 2026: Zero Coupon Bond Approval Application

Posted by Ayush 24 March 2026 2052 Views

Form 2 under Rule 7 of the Income-tax Rules, 2025 is mandatory for infrastructure entities and PSUs to apply for Zero-Coupon Bond (ZCB) notification. Learn eligibility, filing process, timelines, key conditions, and tax benefits under Section 2(112) and Section 32(1)(d).

Form No 1 of IT Rules 2026: Stock Exchange Monthly Compliance Statement

Posted by Ayush 24 March 2026 1172 Views

Form No. 1 is a mandatory monthly statement for stock exchanges reporting client code modifications under Rule 4 of the Income-tax Rules, 2026, replacing Form 3BB, with updated filing requirements, structure and timelines.

Income Tax Forms 2026 and 1962: Old vs New

Posted by Mitali 24 March 2026 2764 Views

The Income-tax Rules, 2026 introduce a comprehensive overhaul of compliance by replacing legacy forms under the 1962 Rules with an expanded and updated set of forms.

No Supply, No GST: Lessons From An Arbitral Award

Posted by Raj Jaggi

24 March 2026 1172 Views

GST applies only when there is a "supply," not merely movement of money. This analysis explains why arbitral awards, refunds, and compensatory interest from pre-GST contracts may fall outside GST, highlighting key provisions of the CGST Act and principles of taxability.

New Income Tax Rules 2026 Notified: Every Taxpayer Must Know

Posted by CA Umesh Sharma 24 March 2026 1908 Views

Income Tax Rules 2026 explained through Arjuna-Krishna dialogue: key changes, new Tax Year concept, HRA benefits, revised allowances, forms and Digital Rupee impact.

Inventory Valuation: Precautions for Year ending 31st March 2026

Posted by CMA Navneet Kr Jain 24 March 2026 1257 Views

A comprehensive analysis of inventory valuation under the Income-tax Act, 2025, covering Section 277, independent valuation under Section 268(5)(ii), ICDS compliance and reporting through Form 101 and Form 26.

12AB and 80G Renewal Not Granted: Legal Remedies Where the Application Is Pending, Rejected or Filed Late

Posted by CA Varun Gupta

24 March 2026 762 Views

Understand what to do if Section 12AB registration or 80G approval is not renewed. Explore remedies for pending, rejected, or delayed applications, condonation options, appeal timelines, and practical steps to safeguard tax exemption and donor benefits.