CAclubindia Articles

Income Tax Section 148A: A Complete Guide for the General Public

Pranab Banerjee 03 September 2025 at 08:39

In this article, we will explore Income Tax Section 148A in detail. We'll break it down into simple terms, use real-life analogies, and ensure you fully understand your rights and responsibilities.

AI in Legal Research: A Powerful Tool, But Exercise Caution

Gaurav Kothari 03 September 2025 at 08:34

Artificial Intelligence is transforming legal research with speed and accessibility, but risks like hallucinations, outdated data, and bias remain. Learn why lawyers must balance AI efficiency with human judgment and verification against original legal sources.

What Tax Professionals and CAs need to prepare for before April 2026

Srinidhi S 02 September 2025 at 14:47

Stay updated on key financial and regulatory changes effective April 1, 2026, including the New Income-tax Act 2025, GST reforms, ICAI's tax audit guidelines, Ind-AS amendments and revised auditing standards.

Rs 17 Crore Gifted Land Sold Which Turns Tax-Free for Wife

Mitali 02 September 2025 at 14:07

ITAT Bangalore exempts wife from capital gains tax on sale of gifted land worth Rs 17 crore, clarifying spousal gift taxation.

Revision and the Right Gear: Two Secrets Every Professional Student Must Know

CA CMA CS Ram Pavan Kumar Melam 02 September 2025 at 08:38

For CA/CS/CMA success, revise at least five times and use the right tools. Build speed, accuracy and stamina with structured practice, smart setup and healthy routines.

File Your ITR Before 15th September and Avoid Financial Vighnas!

CA Umesh Sharma 02 September 2025 at 08:34

Learn from the dialogue of Arjuna and Krishna how timely filing of Income Tax Returns before the extended due date of 15th September 2025 can help taxpayers avoid penalties, missed deductions and financial obstacles.

Are You Ready for September 2025 Shake-up? The Silent Revolution in Daily Finances

Mitali 01 September 2025 at 12:49

SBI credit card, LPG prices, FD rates, NPS, UPS, Aadhaar update & more - check the major rule changes from 1 September 2025.

Taxability of Futures and Options (F&O) Transactions under the Income Tax Act, 1961

CA Ravi Chauhan 01 September 2025 at 10:20

Comprehensive guide on tax treatment of Futures & Options (F&O) under the Income Tax Act, 1961 for FY 2024-25 (AY 2025-26). Covers classification, taxation of profits and losses, turnover calculation, tax audit applicability, presumptive taxation, ITR reporting, and deductible expenses as per ICAI Guidance Note (Revised 2025).

Ind AS 7 Amendment 2025: Key Changes in Statement of Cash Flow under Companies Rules

Rahul Agarwal 01 September 2025 at 08:37

Understand the new disclosure requirements for Supplier Finance Arrangements (Paragraphs 44F–44H) effective from April 1, 2025. Learn how companies must report terms, liabilities, and liquidity risks under supply chain finance, payable finance, or reverse factoring arrangements.

Setting Life Goals vis-a-vis CA, CS and CMA examinations

CA CMA CS Ram Pavan Kumar Melam 01 September 2025 at 08:31

Discover the power of setting clear life goals with inspiring stories of Michael Phelps and J.K. Rowling, practical checklists, and proven strategies. Learn how clarity, purpose, and consistent action can transform your journey into lasting success.