CAclubindia Articles

E*TRADE vs. Indian Tax Laws: Why Your "Long-Term" Shares May Be Short-Term Gains

Posted by efiletax

05 August 2026 2 Views

E*TRADE may classify foreign shares as long-term after 12 months, but Indian tax law requires a 24-month holding period for LTCG on foreign equities. Learn how to correctly report RSUs, ESPPs, and US stocks in ITR-2, avoid tax notices, and ensure accurate capital gains taxation.

MSME - The Silent Advantage Every Business Should Know

Posted by CA Anurag Sharma 05 August 2026 6 Views

Know the revised MSME classification effective from 1 April 2025, updated investment and turnover limits, key benefits of MSME registration, Section 43B(h) implications, payment timelines, and protections against delayed payments.

Section 92C(2): 5% Tolerance Benefit Available Even with a Single Comparable, Rules ITAT

Posted by Vivek Jalan 05 August 2026 3 Views

ITAT Kolkata rules that the benefit of the ±5% tolerance band under Section 92C(2) is available even when only one comparable remains in the transfer pricing analysis, provided the variation falls within the prescribed limit.

Post Office RD Interest Rate 2026: Latest Update with Tax Benefit

Posted by Ishwarya Keerthi B 04 August 2026 60091 Views

Learn about the Post Office Recurring Deposit (RD) Scheme 2026, including the latest 6.7% interest rate, tax rules, maturity returns, eligibility, benefits, loan facility, and whether it is a good investment option for disciplined savers.

TDS on Rent Section For FY 26-27: With Limits And Rates

Posted by Chaitra Seetharam 04 August 2026 42792 Views

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.

Major Banking Changes From October 2026: FD, UPI and KYC Rules

Posted by Mitali 04 August 2026 914 Views

RBI's new banking rules effective October 1, 2026, bring uniform FD rates, daily bulk deposit rate disclosures, CKYC simplification, and UPI fraud warning alerts for safer transactions.

Income Tax Audit Limit for AY 2026-27: Guide to Section 44AB, 44AD and 44ADA Thresholds

Posted by Poojitha Raam Vinay

04 August 2026 18840 Views

Income Tax Audit Limit AY 2026-27 explained: Section 44AB thresholds, 44AD & 44ADA presumptive taxation limits, tax audit due dates, penalties under Section 271B, and key applicability rules for businesses, professionals, and traders.

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

Posted by Chaitra Seetharam 04 August 2026 93671 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.

Statutory Tax Compliance Tracker - August 2026

Posted by CS Lalit Rajput 04 August 2026 657 Views

August 2026 Compliance Calendar: Key Income Tax and GST Due DatesAugust 2026 is a crucial compliance month for taxpayers, businesses, deductors, collectors, tru...

Section 93 Saves GST Liability, but Not a Notice to the Dead

Posted by Raj Jaggi 04 August 2026 210 Views

The Orissa High Court has ruled that GST show cause notices and adjudication orders cannot be issued in the name of a deceased proprietor. The judgment clarifies the scope of Section 73 and Section 93 of the CGST Act, holding that while tax liability may survive death, proceedings must be initiated against the legal representative or the person continuing the business.