CAclubindia Articles

Bank Account Reporting Mistake For AY 2026-27 Can Cost You Lakhs: Know How To Check and Add on IT Portal

Posted by Mitali

11 June 2026 2845 Views

AY 2026-27 ITR filing rules require taxpayers to disclose all active bank accounts, including savings, current, overdraft, cash credit, NRO, and foreign accounts. Learn reporting requirements, penalties for non-disclosure, ITR-4 bank balance reporting, and steps to update bank account details on the Income Tax portal.

CBDT Monetary Limits for Income Tax Appeals

Posted by Vivek Jalan 12 June 2026 301 Views

Understand CBDT's monetary limits for filing income tax appeals at ITAT, High Court & Supreme Court. Learn when appeals are filed based on tax impact.

Statutory Tax Compliance Tracker - June 2026

Posted by CS Lalit Rajput 11 June 2026 1314 Views

Stay updated with June 2026 compliance deadlines under the IT Act and GST laws. Check due dates for TDS/TCS deposits, advance tax, GSTR-1, GSTR-3B, QRMP filings, GST payments, TDS/TCS returns, ISD returns, refund claims and other key statutory compliances to avoid penalties.

Protecting Bona Fide ITC Claims: Why Supplier Default Alone Cannot Defeat Input Tax Credit

Posted by Raj Jaggi

11 June 2026 2002 Views

Gauhati High Court rules that GST input tax credit cannot be denied to a bona fide purchaser solely due to a supplier's tax default, unless collusion is proven....

Fake HRA Claims in ITR 2026: How the Income Tax Department's AI System Is Catching Taxpayers

Posted by Diksha Chawla 11 June 2026 4789 Views

As ITR filing for FY 2025-26 begins, learn how the Income Tax Department's AI detects fake HRA, donation and deduction claims and the penalties for misreporting.

Appointing a Secretarial Auditor for BSE Listed Companies

Posted by CS Binit Thakur 11 June 2026 324 Views

Discover the legal framework and practical process for appointing a Secretarial Auditor in BSE listed companies. Ensure compliance with Companies Act & SEBI LODR.

A Complete Guide for ITR Filing for Individuals FY 2025-26 (AY 2026-27)

Posted by CA Pratik Dhruve 10 June 2026 9206 Views

Income Tax Return (ITR) filing is a cornerstone of financial compliance in India. For individuals, it is not only a statutory requirement but also a reflection ...

8 Legal Ways to Save Income Tax in India for Business Owners & Freelancers

Posted by CA CS Nilay Shah 10 June 2026 931 Views

Discover 8 legal tax-saving strategies for business owners, freelancers, and professionals in India. Learn how to reduce income tax through deductions, NPS, HUF, presumptive taxation and smart business structuring.

Post Office RD Interest Rate 2026: Latest Update with Tax Benefit

Posted by Ishwarya Keerthi B 21 August 2026 61499 Views

Learn about the Post Office Recurring Deposit (RD) Scheme 2026, including the latest 6.7% interest rate, tax rules, maturity returns, eligibility, benefits, loan facility, and whether it is a good investment option for disciplined savers.

Tax On Share Market Income For AY 2026-27: Read These Before Filing Your ITR

Posted by Chaitra Seetharam 09 June 2026 3465 Views

Learn how share market income is taxed for AY 2026-27, including updated STCG and LTCG tax rates, intraday and F&O taxation, dividend income rules, loss set-off provisions, ITR form selection, and key compliance requirements for stock market investors and traders.