CAclubindia Articles

Statutory Tax Compliance Tracker - January 2026

CS Lalit Rajput 03 January 2026 at 10:27

Comprehensive compliance calendar for January 2026 covering key due dates under the Income-tax Act, 1961 and GST laws, including TDS/TCS returns, GST returns (GSTR-3B, GSTR-1, QRMP), PAN-Aadhaar linking alerts, and other critical statutory deadlines for taxpayers and professionals.

Why Some Expenses Are Allowed Only On A Payment Basis Under Accrual Accounting

Raj Jaggi 03 January 2026 at 10:00

Explains why accounting profit differs from taxable income, with judicial insights on accrual vs payment, Section 43B, PF/ESI dues, and key Supreme Court rulings.

ITC Reclaim Ledger & RCM Ledger: What Professionals Must Watch Now

CA Amit Harkhani 03 January 2026 at 09:47

GSTN's Dec 2025 advisory enforces strict ITC and RCM ledger validations. Excess ITC claims now trigger GSTR-3B blocks unless backed by ITC Reclaim and RCM ledger balances.

India's New Tobacco Tax Law Will Shock Manufacturers: 5 Rules You Can't Ignore

CA Jaydeep Babubhai Vadher 03 January 2026 at 06:44

Govt notifies new capacity-based excise regime for chewing tobacco, jarda and gutkha under Notification No. 03/2025-CE (NT). Duty to be levied on packing machine capacity, mandatory CCTV, no export exemption, and strict action on unregistered units.

DIN KYC: Once in 3 Years Instead of Every Year

Prakasha and Co 03 January 2026 at 06:44

MCA grants major relief to directors by amending DIN KYC norms - DIR-3 KYC is now required once every 3 years instead of annually. New rules effective from 31 March 2026. Learn due dates, exceptions, and key compliance highlights.

You Cannot Climb The Ladder Of Success With Your Hands In Pockets

Raj Jaggi 02 January 2026 at 10:58

A powerful guide on success, hard work, and perseverance, featuring real stories of global and Indian achievers who rose through relentless effort.

Arbitrage Funds: Balancing Low Volatility With Superior Post-Tax Returns

CS Lalit Rajput 02 January 2026 at 10:45

Arbitrage funds emerge as 2025's breakout mutual fund category, with Rs 2.75 lakh crore AUM, offering low risk, equity tax benefits, and stable post-tax returns.

Applicability Of GST On Supplies Made To Special Economic Zones

Raj Jaggi 02 January 2026 at 10:38

Explains GST treatment of supplies to SEZs, zero-rated supply under IGST Act, authorised operations, refunds, and post-01.10.2023 legal changes.

Income Tax Act 2025: Shift from Assessment Year to Tax Year & What It Means for Taxpayers

Pranab Banerjee 02 January 2026 at 06:42

The Income Tax Act 2025 replaces the confusing Assessment Year system with a simpler Tax Year concept, aligning income and tax filing in the same year to make compliance clearer, faster and taxpayer-friendly.

Why Your Tax Refund Is Delayed: Simple Guide to Fix It

Sachin 02 January 2026 at 06:42

The Income Tax Department has started sending emails and SMS alerts to taxpayers flagging mismatches in ITR deduction and exemption claims, putting assessments and refunds on hold ahead of the December 31 deadline.