CAclubindia Articles

From Rigour To Reason: Decriminalisation Of Tax Offences Under The IT Act, 2025 Through Finance Bill, 2026 - Part 2

Posted by Raj Jaggi

17 February 2026 225 Views

Finance Bill 2026 reforms Sections 477-479 of the Income-tax Act, 2025 by introducing graded punishment for TCS default, tax evasion, and wilful non-filing of returns. Explore the new prosecution framework effective 1 April 2026.

The Vanishing Shield: Is your Home Loan Interest losing its Tax Power?

Posted by Marimganti Tarun B.com,FCMA 17 February 2026 381 Views

Home loan tax benefits under Section 24(b) are fading under the New Tax Regime (Section 115BAC). Understand how the loss of interest deduction impacts salaried taxpayers, the break-even point between old vs new regime and who stands to lose the most before filing your return.

TDS and TCS: The New Shields and Arrows of the Taxpayer

Posted by CA Umesh Sharma 17 February 2026 3155 Views

Union Budget 2026 proposes major TDS and TCS reforms under the new Income Tax Act 2025. From PAN-based property TDS and digital certificates to TCS rationalisation and LRS relief, here's a complete breakdown of taxpayer “shields” and compliance "arrows."

MAT Credit - Budget Implications

Posted by Venkat Raj 17 February 2026 367 Views

A comprehensive analysis of MAT u/s 115JB, its historical evolution, MAT credit mechanism, Budget 2026 changes, rate reduction to 14%, restrictions on credit utilisation

TAN Exemption for Property Buyers: Relief for Resident Buyers u/s 397

Posted by Poojitha Raam Vinay

16 February 2026 250 Views

Budget 2026 proposes Section 397 to simplify property TDS compliance by removing the TAN requirement for resident buyers under Section 194-IA. Know eligibility, benefits, impact, and filing rules.

From Rigour To Reason: Decriminalisation Of Tax Offences Under The IT Act, 2025 Through Finance Bill, 2026 - Part 1

Posted by Raj Jaggi

16 February 2026 210 Views

The Finance Bill, 2026 proposes major amendments to prosecution provisions under Sections 473-476 of the Income-tax Act, 2025, introducing graded punishment, decriminalisation measures, and proportionate sentencing to shift tax enforcement from rigid penalties to a fair, balanced compliance framework effective April 1, 2026.

Finance Bill 2026: Balancing Flexibility With Compliance Discipline

Posted by Raj Jaggi

16 February 2026 280 Views

Clause 83 of the Finance Bill, 2026 proposes substitution of Sections 427 and 428 of the Income-tax Act, 2025, introducing a structured fee framework for delayed returns, audit reports, financial transaction statements, and accountant certifications, effective April 1, 2026.

How the 1600-Series Numbering Will Curb Financial Fraud in NBFCs

Posted by Affluence Advisory 16 February 2026 238 Views

Learn how the Telecom Regulatory Authority of India 1600-series mandate impacts NBFCs, including deadlines, compliance steps, fraud prevention benefits and strategies to maintain customer trust.

Finance Bill 2026 Proposes Section 147A to Clarify Assessing Officer Jurisdiction for Notices u/s 148 & 148A

Posted by CA Varun Gupta

16 February 2026 836 Views

Understand proposed Section 147A in Finance Bill 2026, a retrospective clarification on who qualifies as "Assessing Officer" for Sections 148 & 148A notices, addressing JAO vs NaFAC/AU jurisdiction and ensuring legal alignment.

From Ambiguity To Assurance: Finance Bill 2026 Brings Statutory Clarity To TDS On Manpower Supply - Concluding Part II

Posted by Raj Jaggi

14 February 2026 480 Views

An in-depth analysis of the Finance Bill 2026 amendment recognising manpower supply under recipient control as "work," exploring judicial evolution, GST alignment, compliance roadmap, and strategic business implications for FY 2026-27.