CAclubindia Articles
TDS on Cash Withdrawals 2026: Major Shift in Deduction Rules - Excess vs. Entire Amount
From April 1, 2026, Section 393 of the Income Tax Act, 2025 changes TDS on cash withdrawals. Learn new thresholds, rates, payment codes and how TDS will apply on the entire withdrawal amount once limits are crossed.
Senior Citizen Saving Scheme From 1 July 2026 with 5 New Rules
Senior Citizen Savings Scheme New Rules from 1 July 2026. Know the 5 major changes - interest payment rules, tax benefits, TDS, joint account rules and penalties before investing.
Section 74 Notices: Low Threshold, High Responsibility
06 July 2026
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Can GST authorities invoke Section 74 based on suspicion alone? The Madras High Court in M/s Fastenex Pvt. Ltd. v. State Tax Officer clarifies that fraud, wilful misstatement, or suppression of facts must be supported by traceable material, while reaffirming the importance of reasoned notices, natural justice, and taxpayer responses under the GST framework.
Beyond Financial Statements: Understanding CMA Data and Working Capital Assessment-A Practical Guide from a Banker's Perspective
Learn what CMA Data is, why banks require it for working capital finance, its key components, and how it helps assess business viability, cash flow, repayment capacity, and financial health for informed lending decisions.
Section 8 and 9 of the IBC: The Operational Creditor's Route to CIRP - Procedure, Pitfalls and the 2026 Amendments
Understand Sections 8 and 9 of the Insolvency and Bankruptcy Code (IBC), 2016, including demand notices, operational creditor rights, the pre-existing dispute doctrine, limitation rules, and key changes introduced by the IBC (Amendment) Act, 2026.
TDS on Partner Remuneration and Interest under Income Tax Act, 2025: Section 393(3) vs Section 194T
Understand TDS on partner remuneration, salary, commission, bonus and interest under Section 393(3) of the Income-tax Act, 2025. Learn the transition from Section 194T, applicable rates, ₹20,000 threshold, reporting forms, compliance requirements, disallowance consequences and practical issues for partnership firms and LLPs.
Rule 46A: A Practical Take on Additional Evidence in Appeals
Understand Rule 46A under the Income-tax Act with practical insights on additional evidence in appeals, admission conditions, remand proceedings, key judicial precedents, and common mistakes practitioners should avoid.
Form 138 under Income Tax: Applicability, Due Dates and Filing Process TY 2026-27
Learn about Form 138 under the Income-tax Act, 2025, which replaces Form 24Q from TY 2026–27. Understand its applicability, filing requirements, due dates, eligibility, and key details required for quarterly TDS reporting on salary payments and senior citizen transactions.
TDS Return Due Date For FY 2026-27: Updated As Per IT Act 2025
Comprehensive guide to TDS compliance for FY 2026-27 in India, covering due dates, return forms, applicability, penalties, interest rules and key updates.
TDS on Rent Section For FY 26-27: With Limits And Rates
TDS on rent for FY 2026–27 (AY 2027–28): Know updated Section 393 rules, TDS rates, exemption limits, 194-I, 194-IB, NRI rent taxation under 195 and filing codes.
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