CAclubindia Articles

Form 161 Filing Rules: Deadline and Key Conditions for Penalty Waiver 2026

Posted by Poojitha Raam Vinay 04 November 2026 52 Views

Form 161 is the application for waiver of penalty and immunity from prosecution under section 440(2) of the Income-tax Act, 2025. It must be filed online within...

Delhi High Court: Rule 86A Cannot Create Negative Balance In Electronic Credit Ledger

Posted by Abhishek Raja 05 November 2026 7 Views

Delhi High Court rules that GST Rule 86A cannot create negative Electronic Credit Ledger balances or block future ITC, restricting its use to preventive measures.

The Date of Filing a Refund Application Cannot Alter the Legal Position Governing Earlier Accumulated ITC

Posted by Raj Jaggi

04 November 2026 100 Views

GSTAT rules that the date of filing a refund application cannot deny a refund of earlier accumulated ITC under Section 54(3) of the CGST Act. Understand the Kedia Agro ruling and its impact on GST refund claims.

How redRail Helps Travellers Compare Seat Availability Across Travel Classes

Posted by CA Ruby Bansal 04 November 2026 45 Views

Learn how redRail helps travellers compare train seat availability, fares and booking options across travel classes, with features like redRail Confirm, connecting trains, free cancellation and 3X refund benefits.

GST E-invoice 5 Crore Rule: Major Changes from January 2027

Posted by Poojitha Raam Vinay 04 November 2026 2800 Views

The GST e-invoicing threshold has not been cut again. It has been ₹5 crore since 1 August 2023. What is changing is scope. E-invoicing is being extended to cert...

First Auditor and Auditor Rotation under Section 139: A Guide for New Foreign-Owned Companies

Posted by Sudheer

05 November 2026 7 Views

The appointment of the auditor is one of the first acts of a new company, and mistakes in the first year tend to repeat. Section 139 of the Companies Act, 2013 ...

Change in Registered Office: Different Procedures Under the Companies Act

Posted by Priyanshi Garg

05 November 2026 5 Views

Learn the four approval procedures for shifting a company's registered office under the Companies Act, 2013, including required resolutions, ROC approvals, MCA forms, filing timelines and penalties for non-compliance.

Rights Issue Under the Companies Act, 2013: A Practical Guide

Posted by Priyanshi Garg

04 November 2026 49 Views

A rights issue is the default route when a company wants fresh capital from the people who already own it. It protects existing shareholders against dilution, a...

Senior Citizen Age Above 60 Years: Must Check These 3 Important Things in November 2026

Posted by Mitali

04 November 2026 1121 Views

Senior Citizen Age Above 60 and a pensioner who depend on regular income from savings accounts, fixed deposits, recurring deposits and pension must check these ...

Fast-Track Mergers in India: Section 233 after the 2025 Amendment Rules

Posted by CS CHARU VINAYAK 04 November 2026 21 Views

Understand the expanded fast-track merger provisions under Section 233 of the Companies Act, 2013, covering 2025 amendments, eligibility, ₹200 crore borrowing limit, procedural steps, approvals and key compliance challenges.