CAclubindia Articles

When GST reform began carrying the weight of human expectations

Posted by Raj Jaggi

28 May 2026 126 Views

The GSTAT's ruling in DG Anti-Profiteering v. Siddha Infradev LLP highlights how GST anti-profiteering law extends beyond tax calculations into consumer protection.

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 3930 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.

Understanding Cross Guarantees: Legal Framework, Corporate Compliance and Banking Perspective

Posted by Ashok Kakkar 28 May 2026 56 Views

Understand the meaning of cross guarantee in banking and corporate finance, its legal basis under the Indian Contract Act, Companies Act compliance, risks, enforceability and implications under IBC.

GST Compliance for E-Commerce Operators in India: Registration, TCS and Regulatory Obligations

Posted by Nitin Pahilwani 28 May 2026 228 Views

Learn GST rules for e-commerce operators in India, including mandatory registration, TCS under GST, Section 9(5), return filing, compliance requirements, supplier obligations, and digital platform taxation.

Short Term Capital Gains Tax Deductions: Note Today to Save More in FY 2026-27

Posted by Poojitha Raam Vinay

27 May 2026 3844 Views

Every year, lakhs of Indian investors file their ITR and silently overpay on Short Term Capital Gains - because they don't know which deductions are legally ava...

Income Tax Return Filing For FY 2025-26: Don't File Before Checking These 6 Critical Things

Posted by Mitali 27 May 2026 8263 Views

ITR Filing 2026: Learn these 6 critical checks that every taxpayer must complete before filing Income Tax Return for FY 2025-26 to avoid notices and mismatches....

Income Tax Benefits For Electric Two-Wheeler Buyers in 2026

Posted by Chaitra Seetharam 27 May 2026 8748 Views

Planning to buy an electric two-wheeler in 2026? Know the latest income tax benefits, Section 80EEB rules, old vs new tax regime impact, GST savings, and new tax-free EV perquisite benefits effective from April 1, 2026.

Transit state vs. Free trade: The Allahabad HC draws the limits of GST power

Posted by Raj Jaggi

27 May 2026 237 Views

When GST Enforcement Crossed Its Natural BoundariesIn one of the most significant GST judgments delivered in recent times, the Allahabad High Court in M/s Marut...

The Curious Case of the NRI Karta: Why Your HUF's Residential Status Doesn't Follow the Karta

Posted by CA Aishwariya K Rajagopal 27 May 2026 772 Views

Understand how the residential status of a HUF is determined under the Income Tax Act, 1961, and why an NRI Karta does not automatically make the HUF a Non-Resident. Learn the tax implications of "control and management," RNOR benefits, and key precautions for NRI families managing ancestral wealth and global income exposure.

Residential Plot Loans in India: Understanding Bank Finance

Posted by Ashok Kakkar 27 May 2026 66 Views

Understand residential plot loans in India, including whether banks finance plot purchases without immediate construction plans, RBI guidelines, bank conditions, interest rates, construction timelines, and the risks of investment-oriented land purchases under housing finance schemes.