CAclubindia Articles

Refunds Beyond Limitation: Reasserting Substantive Rights Under GST

Posted by Raj Jaggi

29 April 2026 249 Views

Explore how refund jurisprudence under GST is evolving, as the Delhi High Court in Kanika Exports v. Union of India clarifies that limitation rules cannot override vested rights.

ESOP Tax Relief for Employees of Startup Registered Companies

Posted by Affluence Advisory 29 April 2026 171 Views

Understand ESOP taxation in India with a clear breakdown of grant, vesting, exercise, and sale stages. Learn how tax deferral for DPIIT-recognized startups under Section 80-IAC reduces cash-flow burden and impacts employees compared to normal companies.

RSU Sale Proceeds & LRS: Understanding FEMA Position Post Updated Overseas Investment Rules

Posted by CA Aishwariya K Rajagopal 29 April 2026 270 Views

Understand how RSU sale proceeds in foreign currency are treated under FEMA for Indian residents. This guide clarises why the Liberalised Remittance Scheme (LRS) does not apply, explains the distinction between remittance and realisation, and outlines key rules on overseas portfolio investment (OPI), reinvestment, repatriation, and tax compliance.

Filing Appeals Before GSTAT? Avoid These Critical Mistakes from a Landmark Case

Posted by Vivek Jalan 29 April 2026 1372 Views

GSTAT appeal filing explained: Key lessons from Manobendra Ghoshal case on jurisdiction errors, 20% pre-deposit, timelines, and essential strategies taxpayers must follow before Tribunal proceedings.

Structure vs. Flexibility: The unsettled law on consolidated show cause notices under GST

Posted by Raj Jaggi

28 April 2026 113 Views

Explore whether GST permits a single show-cause notice for multiple financial years, the evolving High Court rulings, and how this legal debate could reshape limitation, jurisdiction, and procedural discipline under India’s GST framework.

Importance of 30th April for TDS on payment to Partners

Posted by CA Umesh Sharma 28 April 2026 3701 Views

Understand Section 194T of the Income-tax Act, 1961 for partnership firms, applicability, TDS rates, Rs 20,000 threshold, April 30 deadline and penalties for non-compliance in FY 2025-26.

How AI is Changing Loan Approval System in India (CA Perspective)

Posted by CA Manish Gugliya 28 April 2026 267 Views

Discover how AI is transforming loan approval in India from collateral-based lending to data-driven decisions. Learn how ITR, GST, banking data, and financial accuracy impact MSME loan eligibility and why "data is the new collateral" in the modern lending ecosystem.

Salary Quarterly TDS Reporting: New Rules For FY 2026-27

Posted by Poojitha Raam Vinay

27 April 2026 12036 Views

From 1st April 2026, the Income Tax Act, 2025 replaces the 1961 Act for new transactions, bringing major changes to TDS/TCS compliance. Learn Form 138 filing rules, due dates, penalties and transition guidelines for FY 2026-27.

Property Purchase from NRI in April 2026: TDS Deduction Rules on Rs 25 Lakh

Posted by Chaitra Seetharam 27 April 2026 3340 Views

NRI property purchase TDS rules in 2026. Know how much tax to deduct on Rs. 25 lakh transactions

When Delay Becomes Deception: The True Reach Of Section 74 Under GST

Posted by Raj Jaggi

27 April 2026 374 Views

GST law distinguishes between delayed tax payment and wilful evasion impacting whether Section 73 or 74 applies. The M/s Sriba Nirman Company case, upheld by the Supreme Court, highlights how non-compliance and intent can trigger strict penalties, even if tax is later paid.