CAclubindia Articles

Section 403 Explained: Why Rs 100 Per Day Late Fee Applies on AOC-4 & MGT-7

Posted by CS Binit Thakur 16 April 2026 1010 Views

Understand Section 403 of the Companies Act, 2013 and why Rs 100 per day late filing fee applies for AOC-4 and MGT-7. Learn how delay is calculated from the original due date under Sections 92 and 137, even if AGM is delayed.

Slump Sale Taxation of Branch or Business Transfer in India: Section 50B, Rule 11UAE, Net Worth, Capital Gains and GST

Posted by CA Varun Gupta

16 April 2026 1665 Views

Comprehensive guide to slump sale under the Income Tax Act: understand Sections 2(42C) and 50B, Rule 11UAE valuation, net-worth computation, capital gains, and GST implications for business transfer vs asset sale.

RBI's NBFC Exemption: Unlocking a Surge of Specialized Lenders?

Posted by Affluence Advisory 15 April 2026 73 Views

RBI proposes exempting small NBFCs (up to Rs 1,000 crore assets) from registration, reducing compliance burdens, boosting innovation, and reshaping India's credit ecosystem while maintaining financial stability.

Important things to know about New Income Tax Act 2026 Transition

Posted by CA Umesh Sharma 15 April 2026 999 Views

India's new Income Tax framework from April 1, 2026 simplifies laws with fewer sections, unified forms, and revised timelines. Explore key procedural changes, ITR filing rules and compliance updates taxpayers must know.

Form 10A Delay Relief: CBDT Clarifies PCIT/CIT as Competent Authority

Posted by CA Varun Gupta

15 April 2026 1754 Views

CBDT Circular 01/2026 clarifies that jurisdictional PCIT/CIT, not CPC Bengaluru can condone delay in Form 10A under Section 12A. Know the impact, process and relief available for charitable trusts.

Income Tax Act 2025 vs 1961: What Actually Changed for Salaried Professionals

Posted by Diksha Chawla 14 April 2026 5506 Views

Understand what really changed with the Income Tax Act 2025, no change in tax rates or slabs, but major updates in structure, section numbers, TDS rules and compliance procedures. Learn how it impacts your July 2026 ITR filing, new forms, Tax Year concept, and what stays the same for salaried taxpayers and professionals.

GST on Reimbursement of Expenses under Rule 33: Pure Agent, Section 15, Invoicing, GSTR-1 and E-Invoicing

Posted by CA Varun Gupta

14 April 2026 988 Views

Understand GST on reimbursements: when expense recoveries are taxable under Section 15, when they qualify as pure-agent exclusions under Rule 33, and how to correctly invoice, report in GSTR-1 and handle e-invoicing without inflating turnover or triggering extra compliance.

Companies Compliance Facilitation Scheme, 2026 (CCFS-2026): A Golden Compliance Reset for Defaulting Companies

Posted by CS Binit Thakur 14 April 2026 313 Views

The MCA's Companies Compliance Facilitation Scheme (CCFS-2026) offers a one-time opportunity from April 15 to July 15, 2026, for companies to clear pending filings at significantly reduced fees, gain immunity from penalties and opt for dormancy or strike-off, helping regularise compliance and avoid strict post-deadline action.

Trademark Governance in a Borderless World: Law, Compliance & Advisory Perspectives

Posted by CS Mayur Mazumdar 13 April 2026 100 Views

A comprehensive guide to trademarks in India covering definition, legal framework under the Trade Marks Act, 1999, types of trademarks, registration process, international treaties like TRIPS and WIPO, infringement remedies and best practices for protecting brand identity.

TDS Liability of Co-Operative Bank On Interest Paid To A Co-Operative Society

Posted by K.V. Radhakrishnan 13 April 2026 344 Views

A detailed analysis of Section 194A of the Income Tax Act on TDS applicability for co-operative banks and societies, covering key amendments, judicial precedents, and the continuing legal ambiguity on interest payments.