CAclubindia Articles

Changes In GST Filing Starting From October: Important Updates

06 October 2025 2295 Views

GST 2.0 reforms, effective from October 1, 2025, introduce major filing changes following the 56th GST Council meeting - Manual GSTR-2B generation, 180-day ITC limit, mandatory ISD registration, time-bar on old returns and a new five-slab tax rate structure.

When time saluted discipline: The 4:15 AM Story of Gratitude and Grace

Posted by Raj Jaggi

06 October 2025 285 Views

A heartwarming and humorous conversation between senior Chartered Accountant CA Raj Jaggi and his young colleagues blending wit, wisdom and faith. Through stories of gratitude, discipline, and daily devotion, he reveals timeless lessons on success, family, fitness, and the spiritual art of showing up early in both life and work.

CBIC introduces simplified refund system to improve ease of doing business

Posted by Ajay Kumar Maggidi 06 October 2025 241 Views

CBIC, through Instruction No. 06/2025 dated October 3, 2025, has introduced a risk-based provisional refund system under GST to speed up refunds and improve cash flow for taxpayers.

What is Advance Tax? Deduction Process, Liability and Penalties Explained

Posted by Pranab Banerjee

06 October 2025 673 Views

Advance Tax, known as "Pay As You Earn," requires taxpayers with a net liability above Rs 10,000 to pay income tax in instalments throughout the year. Learn who must pay, due dates, calculation steps, exemptions, penalties and benefits of timely payment under the Income Tax Act, 1961.

Facing a Penalty for Tax Evasion? Judicial Insights from Recent Ruling

Posted by Abhishek Raja 06 October 2025 558 Views

Explore key 2024 Allahabad High Court rulings clarifying that penalties under Section 129 of the CGST Act cannot be imposed for minor clerical or technical errors in e-way bills without intent to evade tax. Learn how courts uphold bona fide mistakes as non-penalizable under GST.

A Professional's Guide to Hindu Undivided Family (HUF): Understanding Its Role and Benefits

Posted by CA. Bhavik P. Chudasama 04 October 2025 7975 Views

Learn about Hindu Undivided Family (HUF) under Indian tax law - its structure, benefits, limitations, and tax slab rates for AY 2026-27. Discover how HUF helps in wealth management, tax planning, and income splitting while ensuring compliance

Section 74A vs 73 & 74 of CGST Act - Key Differences Explained (2025 Update)

Posted by gstregistration.co 04 October 2025 1026 Views

Learn the key differences between GST Sections 74A, 73, and 74. The 53rd GST Council meeting introduced Section 74A to simplify tax demand notices, penalties, and compliance for both fraud and non-fraud cases.

Made a Mistake in ITR Filing? Step-by-Step Guide to Rectification under Section 154

Posted by CA Varun Gupta

04 October 2025 1544 Views

Made a mistake in filing your ITR? Learn how to correct errors using Rectification of Return under Section 154 of the Income-tax Act, 1961. Understand timelines, procedure, common mistakes covered and remedies if rectification is rejected.

GSTR-9C: Who Must File For FY 2024-25

Posted by Poojitha Raam Vinay

03 October 2025 8094 Views

Know about GSTR-9C: its due date, applicability, format and limits. Get a clear guide to the GST reconciliation statement and self-certification.

GST 2.0: Health & Life Insurance Exempt at a Premium

Posted by CA Niraj Navindgikar 03 October 2025 1671 Views

The 56th GST Council meeting introduced GST 2.0 with major reforms, including exemption of GST on individual Life & Health Insurance premiums. Group insurance, however, remains taxable and insurers lose ITC benefits.