CAclubindia News

ICSI Seeks One-Time Extension of CCFS 2026 Till 30th September 2026

31 August 2026 at 10:28

ICSI seeks a one-time extension of CCFS 2026 till September 30, citing MCA-21 portal issues, pending tax matters, historical defaults and compliance challenges...

Posted in Corporate Law | 2 comments | 888 Views

57th GST Council Meeting to Be Held on 12th September 2026 in New Delhi

31 August 2026 at 09:19

The 57th GST Council Meeting will be held in New Delhi on September 12, 2026, from 11 AM. Officers' Meeting scheduled for September 11. Check details!

Posted in GST | 162 Views

NRI Tax Rules Under Income Tax Act 2025: Key Residential Status and FEMA Provisions

31 August 2026 at 09:13

Income Tax Act 2025 provisions for non-residents explained: residential status, ROR, RNOR, taxable income, business connection, SEP and key FEMA rules.

Posted in Income Tax | 1779 Views

Maintenance of Books of Accounts Under Income Tax Act, 2025

29 August 2026 at 09:27

Check the latest books of accounts rules under Section 62 of the Income-tax Act, 2025, including threshold limits, required records, 7-year retention and Rs 25,000 penalty.

Posted in Income Tax | 1 comments | 21966 Views

ICAI Extends MEF 2026-27 Submission Deadline to 9th September 2026

29 August 2026 at 09:15

ICAI has extended the last date for online submission of MEF 2026-27 from 29 August to 9 September 2026. PDC clarified that no further extension will be granted.

Posted in Professional Resource | 1 comments | 7347 Views

ICAI Extends Bulk UDIN Generation Facility to Tax Audit and Audit & Assurance Functions

29 August 2026 at 09:07

ICAI has extended the Bulk UDIN Generation facility to Tax Audit and Audit & Assurance Functions. Know the UDIN limit, process, OTP verification and modification options.

Posted in Income Tax | 1 comments | 2133 Views

Income Tax Exemption on Armed Forces Allowances Under Income Tax Act 2025

28 August 2026 at 09:30

The IT Act 2025 provides tax exemptions on several allowances received by armed forces personnel, including Siachen Allowance, High Altitude Allowance, Counter Insurgency Allowance, and Field Area Allowances. Check exemption limits and eligibility.

Posted in Income Tax | 4470 Views

Income Tax Department Releases Detailed Guidance on Taxation of Registered NPOs

28 August 2026 at 09:19

The Income Tax Department has explained the new taxation framework for Registered NPOs under the Income-tax Act, 2025, covering registration, income classification, compliance, commercial activities, donor approvals and penalties.

Posted in Income Tax | 2391 Views

Income Tax Relief on Arrears, Gratuity and Foreign Pension Under Sections 157 & 158

27 August 2026 at 09:20

Income Tax Sections 157 and 158 explained: Know the rules, eligibility, Form 39 and Form 40 requirements, and calculation of relief on arrears, gratuity, pension and foreign retirement accounts.

Posted in Income Tax | 7503 Views

No Deduction of TDS Under IT Act 2025: Form 121 Rules for Individuals and Senior Citizens

27 August 2026 at 09:10

Form 121 allows eligible taxpayers to claim no TDS on specified income under the Income-tax Act, 2025. Know eligibility, filing process, UIN and reporting rules.

Posted in Income Tax | 2 comments | 31773 Views