CAclubindia Articles

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.

Senior Citizen Saving Scheme: Benefits and Rules For 2026

Posted by Poojitha Raam Vinay

23 March 2026 15890 Views

Senior Citizen Savings Scheme 2026 explained - Check latest interest rate, tax benefits, eligibility, age and investment limits, maturity period, premature closure rules, nomination, and comparison with other savings options.

New PAN Rules Starting From April 2026: Stricter Verification, Updated Forms with Fees and Limits of Financial Activities

Posted by Mitali 23 March 2026 5540 Views

Big changes in PAN rules starting from April 2026 - stricter verification, updated forms, annual transaction tracking and key changes explained simply.

FSSAI Mandates Registration For Milk Producers And Vendors

Posted by CS Lalit Rajput 23 March 2026 140 Views

The Food Safety and Standards Authority of India has mandated registration or licensing for independent milk producers and vendors through its March 11, 2026 advisory, aiming to curb adulteration and enhance food safety.

12% or 18%? The GST Royalty Dilemma

Posted by Raj Jaggi

23 March 2026 1137 Views

A practical GST insight on royalty payments to authorsexploring classification, reverse charge mechanism and why the correct rate is 18%, not 12%.

India Liberalizes FDI from Land-Border Nations: ESOPs Now Accessible for NRIs and Overseas Firms

Posted by Affluence Advisory 23 March 2026 114 Views

India eases FDI rules under Press Note 3 (2026), introducing a 10% beneficial ownership threshold, faster approvals, and ESOP flexibility for investors from land-border countries like China and Hong Kong boosting cross-border investments and startup growth.

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

Posted by CA Varun Gupta

23 March 2026 768 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.