CAclubindia Articles
Tax Liability cannot look back by implication
Can a tax liability be imposed retrospectively through implication? Explore the legal principles, court rulings, and why tax laws creating new liabilities are generally presumed to operate prospectively, not retrospectively.
Legal Principles of GST Reconciliation and Revenue Misalignment
Learn why GST output tax cannot be demanded solely based on P&L and GSTR-3B mismatches. Explore reconciliation rules, legal principles and taxpayer remedies.
ITR-1 for AY 2026-27 Using Form 16 in Just Few Minutes
Learn how to file ITR-1 (Sahaj) for AY 2026-27 using Form 16. Check eligibility, verify AIS, TIS & Form 26AS, choose the right tax regime and file your return step by step with ease.
CA Articleship Stipend: New Structure For Articles
ICAI's Draft CA Amendment Regulations 2026 propose a major hike in CA articleship stipends. Check the new city-wise minimum stipend rates and key updates.
GST Refund Interest Cannot Be Reset by a Forced Fresh Application
The Gujarat High Court in Kuehne Nagel Pvt. Ltd. v. Union of India held that GST refund interest under Section 56 cannot be denied by treating a post-court refund application as a fresh claim. Interest must be computed from the original refund application date when the Department's earlier refusal was held illegal. Learn the key implications for taxpayers and refund litigation.
ITR-5 Filing for AY 2026-27: Complete Guide, Due Dates, Eligibility, DSC & Loss Carry Forward Rules
09 July 2026
4497 Views
Complete ITR-5 filing checklist for firms, LLPs, AOPs and co-operative societies. Learn due dates, DSC rules, Form 3CD matching and loss carry-forward conditions.
A Dead Rule Cannot Block a Live GST Refund
Can GST refunds be denied using a rule that no longer exists? The Gujarat High Court in Alstom Transport India Ltd. held that omitted Rules 89(4B) and 96(10) cannot govern pending refund disputes in the absence of a saving clause, providing significant relief to exporters.
Section 153A: No Addition in Completed Assessments Without Incriminating Material, Reiterates ITAT
Section 153A assessments for completed years can be reopened only on the basis of incriminating material found during a search. Mumbai ITAT reiterates this principle in the Saket Infra Projects ruling.
ITR Filing for FY 2025-26 (AY 2026-27): A Complete Guide to Filing Your Return Correctly
File your ITR for FY 2025-26 (AY 2026-27) accurately and on time. Learn key benefits, required documents, common mistakes to avoid and essential tips for hassle-free Income Tax Return filing.
TDS on Cash Withdrawals 2026: 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.
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