CAclubindia Articles

GST Notice Service Under Section 169: When Does Portal Upload Become Insufficient?

Vivek Jalan 22 November 2025 at 06:33

The Madras High Court set aside a GST assessment after finding that portal-only notice service was ineffective. Learn what Section 169 mandates, why repeated portal notices aren't enough, and how taxpayers can avoid ex parte orders amid upcoming pre-deposit requirements.

Decoding GSTR-9: Understanding Applicability, Exemptions and Key Compliance Points

AISHWARYA PAWAR 22 November 2025 at 06:33

A clear and concise guide to GSTR-9 for FY 2024-25. Understand who must file, exemptions, due dates, late fees, key checks before filing, and the difference between GSTR-9 and GSTR-9C.

Silver Gains Golden Status: How the RBI's 2026 Silver Collateral Rule Will Unlock Billions in Household Wealth

Affluence Advisory 22 November 2025 at 06:33

RBI will officially allow silver as loan collateral from April 2026, giving it the same status as gold. Learn how the new rules unlock India’s dormant metal wealth, key LTV limits, borrower protections, and top ways to monetise gold and silver in 2025-26.

Old ITR Forms To Shut Down from 2026

Mitali 21 November 2025 at 14:27

Important update on income tax filing: Old ITR forms discontinued, new forms and procedures to launch January 2026.

Prudent Use of AI in GST

Raj Jaggi 21 November 2025 at 09:51

WHEN AI SPEEDS UP, WISDOM MUST STEP UPArtificial Intelligence-often called A.I.-has had an incredible journey to become the amazing technology it is today. Its ..

Penalties and Late Fees for Not Filing GST NIL Returns on Time

Kapil kumar 21 November 2025 at 06:27

Filing GST returns is mandatory even with zero sales or purchases. Learn what a GST Nil Return is, why it must be filed, how to file Nil GSTR-1 and GSTR-3B online, and the late fees for non-compliance

Non-Filing of ITR and Non-Payment of Taxes May Lead to Prosecution u/s 276C

Vivek Jalan 21 November 2025 at 06:27

Non-filing of ITR or non-payment of taxes can trigger prosecution under Section 276C of the Income Tax Act for willful tax evasion. Penalties include rigorous imprisonment up to 7 years and fines, especially where evasion exceeds Rs 25 lakh.

Two PAN Cards Only But Fined Rs 60,000 and 7 Years Jail

Mitali 20 November 2025 at 17:44

Under Indian law, holding more than one PAN card is considered illegal and invalid. Earlier, the penalty under section 272B for possessing multiple PAN cards wa..

LLP Registration vs Private Limited Company: Which is Better for Your Business?

Kapil kumar 20 November 2025 at 06:42

Understand the key differences between LLP and Private Limited Company to choose the best business structure for your startup. Explore ownership, compliance, taxation, fundraising ability, flexibility and long-term suitability to make an informed decision tailored to your business goals.