CAclubindia Articles

SBI 444-day FD 2026: Earn More Than Regular FD in a Short Duration

Posted by Chaitra Seetharam 06 August 2026 97902 Views

SBI Amrit Vrishti 444-Day FD offers up to 7.05% interest for super senior citizens. Check latest interest rates, eligibility, premature withdrawal rules, taxation and benefits before investing.

Post Office Monthly Income Scheme For Senior Citizens 2026: Latest Interest Rate With Tax Implications

Posted by Ishwarya Keerthi B 06 August 2026 139 Views

Explore the Post Office Monthly Income Scheme (POMIS) for Senior Citizens in 2026. Know the latest 7.4% interest rate, investment limits, monthly income, tax rules, eligibility and key benefits.

Accounts Can Raise Questions, but Law Alone Creates Taxability

Posted by Raj Jaggi 06 August 2026 18 Views

Can income reflected in accounts be taxed automatically? Explore the Supreme Court's ruling that accounting entries may raise suspicion, but taxability arises only when supported by a specific legal provision under the Income-tax Act.

Get Health Insurance Quotes Online in India

Posted by Ayush 06 August 2026 18 Views

Compare health insurance quotes online in India and find the right policy for your needs. Learn how to compare plans, premiums, coverage, claim benefits, and choose the best health insurance at affordable r

Seafarer Salary Taxability in India: NRI Status, 182-Day Rule, NRE Account and IFSC Employer

Posted by CA Varun Gupta 06 August 2026 22 Views

Is seafarer salary taxable in India for AY 2026-27? Learn how residential status, CDC rules, NRE account credits, foreign-going ship services, paid leave and CBDT Circular 13/2017 determine the taxability of seafarers' income under Indian tax law.

Supreme Court on Section 153C: Substance Over Technicalities in Income Tax Proceedings

Posted by Vivek Jalan 06 August 2026 336 Views

The Supreme Court's ruling in ITO vs. Vikram Sujitkumar Bhatia clarifies the scope of Section 153C, emphasizing legislative intent over technical objections and strengthening the Revenue's power to act on incriminating material found during searches.

Upgrade Your CAclubindia Experience with CCI Pro: Ad-Free Browsing & Exclusive Benefits!

Posted by CCI Team 05 August 2026 2099 Views

Go AD-Free with CAclubindia Pro! The CCI Pro subscription offers a premium, ad-free experience designed specifically for Finance Professionals.

Can One Person Hold Two KMP Positions in the Same Company?

Posted by Kalidas Ramaswami 05 August 2026 196 Views

Can the same individual hold two KMP positions in a company? An in-depth analysis of the ROC Gwalior order in EKI Energy Services Ltd., Section 203 of the Companies Act, 2013, legislative intent, legal interpretation, and implications for corporate governance and compliance.

Penalty For Late Filing Of Income Tax Return For AY 2026-27

Posted by Ishwarya Keerthi B 05 August 2026 23343 Views

Missed the ITR filing deadline for AY 2026-27? Learn about late filing fees under Section 234F, interest under Section 234A, loss of tax benefits, delayed refunds, and belated return deadlines.

Form 3CA, 3CB and 3CD: Know Which Tax Audit Report Applies to You for AY 2026-27

Posted by Poojitha Raam Vinay

05 August 2026 1254 Views

Confused between Form 3CA and Form 3CB for AY 2026-27? Learn tax audit applicability, turnover limits, Form 3CD reporting, due dates, penalties and the upcoming shift to Form 26 under the Income Tax Act, 2025.