CAclubindia Articles

ESOP Compliance Checklist for Private Limited Companies: Companies Act, Tax & Ind AS 102

Posted by CA Akhil Kumar

13 June 2026 164 Views

A comprehensive practitioner's guide to ESOPs in Private Limited Companies covering Rule 12 compliance, option pool structuring, cap table impact, Ind AS 102 accounting, employee taxation, Section 192(1C) deferment, and key legal distinctions between ESOPs and sweat equity.

No Surviving Tax Demand, No Surviving Prosecution: The Principle Behind Quashing Criminal Proceedings

Posted by Raj Jaggi

13 June 2026 88 Views

Punjab & Haryana High Court rules that criminal prosecution under Central Excise law cannot continue after CESTAT exonerates the assessee on merits. Explore the judgment's implications for tax litigation, company directors and GST prosecutions.

GSTAT Appeals: A Practical Filing Guide to Pre-Deposit, Timelines and Procedure

Posted by CA Sundram Gupta, FCA 13 June 2026 722 Views

Learn how to file a GSTAT appeal in 2026, including eligibility, bench selection, pre-deposit rules, filing fees, documentation, limitation periods and the crucial 30 June 2026 deadline for legacy GST disputes.

The Cost of a Few Paise: Why Rounding Off in Preferential Allotments is a Compliance Trap

Posted by CS Divesh Goyal 12 June 2026 168 Views

Can a 59-paise pricing error lead to corporate penalties? A recent ROC order says yes. Explore the case, statutory provisions, penalties and key governance takeaways.

GST Liability In Liquidation And Personal Exposure Of Directors Under Sections 88 And 89

Posted by Raj Jaggi

12 June 2026 112 Views

Understand GST liability during company liquidation and director liability under Sections 88 and 89 of the CGST Act, 2017. Learn recovery rules, liquidator obligations, director safeguards, insolvency implications and key judicial precedents.

ECL - Electronic GST Ledgers: Payment of Taxes and other dues of GST

Posted by Rohit Warli 12 June 2026 73 Views

Understand Section 49 of the CGST Act: learn how GST payments, ITC utilization, electronic ledgers, and tax liability settlement work.

ITR 2026 for Senior Citizens - The Form Selection Guide

Posted by CS Lalit Rajput 12 June 2026 116 Views

AY 2026-27 ITR filing guide: find the right income tax return form, key deadlines, Section 194P relief, and Allahabad HC's ruling on hidden income in maintenance cases.

CBDT Monetary Limits for Income Tax Appeals: ITAT, High Court & Supreme Court Explained

Posted by Vivek Jalan 12 June 2026 102 Views

Understand CBDT Circular No. 17/2019 on monetary limits for departmental income tax appeals before ITAT, High Courts and the Supreme Court. Learn how tax effect is calculated for multiple assessment years, composite orders, interest and penalty matters, exceptions to the circular, and its applicability to pending appeals with practical examples.

Bank Account Reporting Mistake For AY 2026-27 Can Cost You Lakhs: Know How To Check and Add on IT Portal

Posted by Mitali 11 June 2026 2107 Views

AY 2026-27 ITR filing rules require taxpayers to disclose all active bank accounts, including savings, current, overdraft, cash credit, NRO, and foreign accounts. Learn reporting requirements, penalties for non-disclosure, ITR-4 bank balance reporting, and steps to update bank account details on the Income Tax portal.

Statutory Tax Compliance Tracker - June 2026

Posted by CS Lalit Rajput 11 June 2026 1165 Views

Stay updated with June 2026 compliance deadlines under the IT Act and GST laws. Check due dates for TDS/TCS deposits, advance tax, GSTR-1, GSTR-3B, QRMP filings, GST payments, TDS/TCS returns, ISD returns, refund claims and other key statutory compliances to avoid penalties.