CAclubindia Articles

RCM under GST: Key Compliance Developments and ITC Implications for FY 2026-27

Posted by RAKESH K 29 May 2026 7604 Views

Understand the latest rules, compliance requirements, ITC implications, and major risk areas under RCM in GST. Learn about GTA, sponsorship, import of services, renting transactions, Rule 37/37A, GSTR-2B reconciliation and system-driven GST compliance to avoid notices and ITC disputes.

Revival of Limitation in Bank Loans: Understanding Balance Confirmation and Revival Letters in Banking Practice

Posted by Ashok Kakkar 29 May 2026 218 Views

Learn the importance of balance confirmation letters and revival letters in banking under the Limitation Act, 1963. Understand how banks preserve recovery rights, extend limitation periods, manage loan documentation, and ensure legal enforceability of debts through acknowledgments, part payments, and timely recovery actions.

GST Registration Under Rule 14A: Important Points Small Businesses Should Know

Posted by L.S Tripathi 29 May 2026 3895 Views

Looking for a faster GST registration process? Learn everything about GST Registration under Rule 14A, eligibility, benefits, documentation requirements, common mistakes, physical verification rules, and whether small businesses should opt for it.

FEMA Valuation India: Guide to Cross-Border Share Transactions

Posted by Nitin Pahilwani 29 May 2026 222 Views

Understand FEMA valuation requirements in India for cross-border share transactions. Learn methods, regulatory framework, and practical steps for compliance.

AI Transforming Finance in 2026: Skills & Career Guide

Posted by Simandhar Education 29 May 2026 499 Views

Discover how AI is reshaping finance in 2026, moving beyond automation to agentic systems. Learn essential skills & career strategies for finance professionals in India.

GST Anti-Profiteering: Homebuyer Rights & Legal Precedents

Posted by Raj Jaggi 28 May 2026 151 Views

Explore how GST anti-profiteering law protects homebuyers, focusing on the Siddha Infradev case and key legal interpretations. Learn about consumer rights under GST.

GSTN Advisory for Set-Off of IGST Liability taken off from the GST Portal: Expected Consequences for Taxpayers!

Posted by Vivek Jalan 28 May 2026 4213 Views

The April 2026 withdrawal of the GST portal advisory has restored the statutory ITC utilization sequence under Section 49(5) of the CGST Act, increasing compliance and cash flow challenges for taxpayers. Businesses that relied on the earlier mechanism in February and March 2026 may now face interest liability, notices, and potential litigation over incorrect ITC utilization.