CAclubindia Articles

TDS Demand Still Showing Due to Inoperative PAN? What to Do If No CBDT Relief Applies

Posted by CA Varun Gupta

23 March 2026 700 Views

Understand how inoperative PAN due to non-linking with Aadhaar can trigger higher TDS/TCS demands under Sections 206AA/206CC. This detailed guide explains the complete CBDT framework, key circulars, relief conditions, and practical remedies including correction, rectification, grievance and appeal options for affected taxpayers.

Deductions Allowed to Salaried Individuals under New Tax Regime For FY 2026-27

Posted by Chaitra Seetharam 21 March 2026 5199 Views

Union Budget 2026 keeps the New Tax Regime unchanged for FY 2026-27. Check allowed deductions like Rs 75,000 standard deduction, employer NPS benefits, Section 87A rebate, tax-free threshold up to Rs 12.75 lakh and updated income tax slabs.

Can a Company Hold AGM Now for Past Years and Take Benefit of the CCFSS Scheme?

Posted by CS Divesh Goyal 21 March 2026 275 Views

Under MCA's CCFSS Scheme, companies can now hold delayed AGMs for past years, file pending AOC-4 & MGT-7 with up to 90% fee waiver, but default under Section 96 persists, requiring compounding for penalties under Section 99

Still Paying 30% Tax on Cryptocurrency Trading Without Claiming Loss Benefit? Read This Before Filing Your ITR

Posted by CA Varun Gupta

21 March 2026 191 Views

Are crypto futures and options taxed under Section 115BBH or as speculative business? Understand the tax treatment, key distinctions between VDA transfer and cash-settled contracts, applicable rates, loss rules and ITR reporting implications.

March-End Important To Do List: Save Tax and Skip Notices!

Posted by Poojitha Raam Vinay

20 March 2026 1641 Views

Don't miss the March 31, 2026 deadline, complete key tax-saving investments, submit proofs, pay advance tax, and review deductions to reduce liability and avoid penalties for FY 2025-26.

The 8-8-8 Rule: A Timeless Philosophy Of Balance For The GST Professional In An Age Of Excess

Posted by Raj Jaggi

20 March 2026 826 Views

The 8-8-8 rule offers a timeless blueprint for balanced living: 8 hours of focused work, 8 hours of restorative sleep, and 8 hours for personal life, relationships and joy.

GST First Appeal Pre-Deposit Explained: Why DRC-03 Is Not Enough & How DRC-03A Fixes It

Posted by CA Varun Gupta

20 March 2026 2308 Views

Practical guide to GST appeal filing under Section 107, explaining pre-deposit rules, DRC-03 payment issues, and the role of Form DRC-03A in ensuring proper adjustment against demand orders.

Certificate of ITC Reversal by the Recipient of Goods and Services

Posted by Rajagopal K 20 March 2026 3985 Views

Certificate format for ITC reversal by recipients under Section 34 & 15(3)(b) of CGST/TNGST Act, 2017, including compliance, credit notes and latest GST circular updates.

Mistake in Reporting Foreign Assets Can Cost You Rs 10 Lakh

Posted by Ayush 19 March 2026 1493 Views

Report foreign assets or income correctly in ITR and avoid costly penalties. Learn how to report and know the tax reporting rules in ITR to stay compliant.

From Practice To Mandate: Understanding The New ISD Regime Under GST

Posted by Raj Jaggi

19 March 2026 274 Views

Understand how AAYRA LIMITED manages multi-state GST operations through centralized procurement, the mandatory ISD framework from April 2025, and its impact on ITC distribution, compliance and business efficiency.