CAclubindia Articles

Facing a Penalty for Tax Evasion? Judicial Insights from Recent Ruling

Abhishek Raja 06 October 2025 at 07:14

Explore key 2024 Allahabad High Court rulings clarifying that penalties under Section 129 of the CGST Act cannot be imposed for minor clerical or technical errors in e-way bills without intent to evade tax. Learn how courts uphold bona fide mistakes as non-penalizable under GST.

A Professional's Guide to Hindu Undivided Family (HUF): Understanding Its Role and Benefits

CA. Bhavik P. Chudasama 04 October 2025 at 09:27

Learn about Hindu Undivided Family (HUF) under Indian tax law - its structure, benefits, limitations, and tax slab rates for AY 2026-27. Discover how HUF helps in wealth management, tax planning, and income splitting while ensuring compliance

Section 74A vs 73 & 74 of CGST Act - Key Differences Explained (2025 Update)

gstregistration.co 04 October 2025 at 06:54

Learn the key differences between GST Sections 74A, 73, and 74. The 53rd GST Council meeting introduced Section 74A to simplify tax demand notices, penalties, and compliance for both fraud and non-fraud cases.

Made a Mistake in ITR Filing? Step-by-Step Guide to Rectification under Section 154

CA Varun Gupta 04 October 2025 at 06:40

Made a mistake in filing your ITR? Learn how to correct errors using Rectification of Return under Section 154 of the Income-tax Act, 1961. Understand timelines, procedure, common mistakes covered and remedies if rectification is rejected.

GSTR-9C: Who Must File For FY 2024-25

Poojitha Raam Vinay 03 October 2025 at 16:53

Know about GSTR-9C: its due date, applicability, format and limits. Get a clear guide to the GST reconciliation statement and self-certification.

GST 2.0: Health & Life Insurance Exempt at a Premium

CA Niraj Navindgikar 03 October 2025 at 09:30

The 56th GST Council meeting introduced GST 2.0 with major reforms, including exemption of GST on individual Life & Health Insurance premiums. Group insurance, however, remains taxable and insurers lose ITC benefits.

Statutory Tax Compliance Tracker - October 2025

CS Lalit Rajput 03 October 2025 at 09:21

Check key Income Tax and GST compliances & Due dates for October 2025

Budget 2025: Why Most Taxpayers Now Prefer the New Tax Regime

Pranab Banerjee 03 October 2025 at 06:25

Budget 2025 has made the New Tax Regime more attractive with higher rebates, lower rates, and simpler filing. Compare the New vs. Old Tax Regime and see why most taxpayers now prefer the new system in FY 2025-26.

Defeating the 10 Evils of Business Finance: A Dussehra Special for SMEs & Startups

CA MAYANK 03 October 2025 at 06:25

This blog explores the 10 financial evils that SMEs must conquer to ensure sustainable growth and financial stability.

Why SMEs Thrive with a Virtual CFO, Not a Full-Time Hire

CA MAYANK 02 October 2025 at 07:20

Discover why full-time CFOs are often a costly mismatch for SMEs and how Virtual CFO (vCFO) services offer flexible, strategic financial leadership to drive sustainable growth.